Because of the high number of fatalities and serious injuries that the insurance companies have been seeing among the young, many companies have been increasing the rates for those that fall into that danger category. Co-Operative Insurance is among those companies that is considering an increase.

CIS has said that the accidents of those under 25 have greatly increased to the point that every day there are 35 people killed or seriously injured in accidents involving 15 to 25 year olds. They said they realize that it is not fair that those that are responsible drivers should have to bear the brunt of those that aren’t, but they are going to have to.

On average, younger drivers already pay 22% more for their insurance than they did in 2004 – even though the difference in costs is only 2% on average. They say that with the trend continuing the way it has been, soon younger drivers will have to stop driving as they will not be able to afford the insurance. They also say that the danger is young people getting out on the road without insurance because they can’t afford it.

They say one of the biggest things that will help bring down the numbers is road safety programs that educate young people to the dangers of driving unsafely in a car. They need to understand that it isn’t just a vehicle; it is an instrument of death when put in the wrong hands.

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