Teen drivers are the most likely people on the road to get in accidents, with the Allstate Foundation saying that 16-year-old drivers have crash rates two times greater than 18- to 19-year-old drivers and four times that of older drivers. The Allstate Foundation License to Save Report said that if new laws of graduated driver licensing were passed, 2,000 lives and $13.6 billion could be saved per year, saving grief for families.
The graduated drivers license would help teens get experience under supervised and less risky conditions, the foundation said, with passenger limits, cellphone and texting bans, an age minimum of 16 for permits, and an age minimum of 18 for a full license. The foundation said states that have some of these laws have seen death rates fall as much as 40 percent.
"Teen driving deaths are a real public health crisis," explained Vicky Dinges, vice president of public social responsibility at Allstate. "What's worse is that these deaths are avoidable. We can take very simple, common sense steps that would protect young drivers across the country. Our Allstate agents see firsthand the dangers for young drivers on the road and as a company we are committed to putting an end to this epidemic."
Because of their age and health standing, younger drivers looking for life insurance tend to qualify for less expensive premiums than older individuals, according to Investopedia. Drivers should make sure they have insurance policies that will protect them and their loved ones in case of an unexpected event.