Recently, several insurers have reported that drivers would charge more for the model of car they drive. Previously, insurers were very lenient in charging rates, with many drivers finding that when they wanted to change their car or their driving style, their monthly premium amounts did not rise. However, the number of lawsuits filed by new, younger, inexperienced and more reckless young drivers, who are now significantly more likely to be involved in crashes than older, more seasoned drivers, has recently increased. It has also been pointed out that these new drivers have preferred to drive more irresponsibly and have thus put themselves at higher risk of an accident that would have been prevented if they had followed the correct guidelines for road safety. The increased usage of handheld cell phones by younger drivers is one of the major causes of this reckless activity. If you wish to learn more about this, visit hurt in a car wreck.
The increase in the number of claims made by insurers because of the actions of younger, inexperienced drivers has been attributed to the fact that some younger drivers do not comply with basic rules of road safety, such as wearing a safety belt or keeping a reasonable gap between their cars and those on the road. Of course, this does not mean that all younger drivers are necessarily negligent, and many would argue that all the safety standards they are legally entitled to follow are followed. However, one of the ways in which auto insurance rates can be affected is by modifying the driver profile you take on the policy, and in some situations, higher premiums are paid to drivers who are added to a policy by new drivers or those who have already been added to the policy than the other drivers who are added to the same policy but are younger drivers.
So, what are the key reasons for the spike in automobile insurance premiums? The fact that younger, inexperienced drivers are introduced to policies without regard to their prior driving record is one of the key reasons it has been noted. As the main drivers are only beginning to understand how to drive, and sadly do not follow all the basic rules of road safety, this puts their own lives at risk. Before taking off a policy, it is vital that you do understand all the variables that impact your auto insurance rates, as if you don’t, you may find that when you need it most, you are in for a nasty shock.