Question

Insurance is required in the state of Florida. Insurance costs more for a younger driver than it does for an older driver. Explain why insurance companies charge more for a younger driver.

Answer 1

BECAUSE THEY ARE TOO YOUNG

Step-by-step explanation:

since they are so young there is a higher chance for them to get into an accident therefore the insurance is higher

Answer 2

Because of his/her lack of experience.

Step-by-step explanation:

It is logically expected that a younger driver will pay a higher price for his/her car insurance since insurance companies are aware that younger drivers are more likely to expermient a traffic accident due to their lack of experience, and thus raise the price in comparison with a more experienced person. Also, the more traffic accidents and fines the driver gets, the more expensive the fee will get.