Teenage drivers, especially males, get slapped with high insurance premiums. No matter how well some teenagers drive, they have to pay for the sins of their peers.
In the U.S., the CDC reports that seven teens aged 16 to 19 die every day in automobile crashes. Teenage males are two times as likely to be killed in motor vehicle accidents as their female counterparts.
In Spain, the contrast is even more stark. The World Health Organization reports that Spanish males comprise 78 percent of traffic-related deaths, while females make up just 22 percent.
An innovative partnership between Telefonica and Generali Seguros may cut auto insurance costs by 40 percent for Spanish drivers. Although the program caters to all customers, it will especially benefit teen drivers... Read More
