Insurance premiums are very high for young drivers largely due to the fact that young drivers get into more automobile accidents than other drivers. Do you think that it is fair that young people are charged more for the same insurance that other drivers have? is it fair that regardless of how good of a driver is, just because a driver is young he or she is charged more e for their car insurance?

Insurance premiums are very high for young drivers largely due to the fact that young drivers get into more automobile accidents than other drivers. Do you think that it is fair that young people are charged more for the same insurance that other drivers have? is it fair that regardless of how good of a driver is, just because a driver is young he or she is charged more e for their car insurance?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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What is the BEST option to reduce your insurance costs if you were recently in an accident? Drive safely so you don't have any accidents. Take a safe driving class. Buy a newer car. Drive without insurance.