Why do insurance companies charge more for a young driver?

 In

When insurance companies calculate premiums, the amount of risk each driver presents is what matters. In the case of teenagers, young drivers are inexperienced. This lack of experience means they get involved in more crashes and drunk driving incidents than older drivers. They do not have the same responsibilities as adults and their actions have far fewer consequences. As a result, insurers charge higher rates to make it worth their while.

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