Did you know the average cost of car insurance for a 16-year-old is almost $3,000 annually? This assumes assuming no tickets, no accidents and a good scholastic record. Yes, they actually check the kid’s grades and use that as a metric for determining his “risk profile,” just as adult drivers are dunned by the insurance mafia if their credit score isn’t top-shelf, regardless of their driving record.
So, a $250 per month cost-of-entry before the car even leaves the driveway. Before the kid puts gas in the thing.
Before the kid even has a car to put gas into.
How is he supposed to get a car – or afford gas – when he is obliged to pony up $250 each month to the insurance mafia?
Most adults with full-time jobs would have serious troubling dealing with a $250/month nut for insurance.
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How is a teenage kid working a minimum wage/part-time gig supposed to deal with it?
Faced with this extortion – and that’s exactly the right word; there’s no choice about paying the $250 per month, if the kid wants to drive legally – many simply opt out. A record-high percentage of 16-25-year-olds haven’t even got a driver’s license and forget the car. They stay home instead, game and text. When they need to get somewhere, they ride share or Uber or something that doesn’t require them to spend a minimum of 20-25 hours working at minimum wage (currently $10.50 er hour) gig hauling pizzas or some such just to tithe the mafia.
More and more of them just don’t care about cars – or driving.
One way to get people out of cars – an agenda that has existed since at least the early ’70s in furtive “urban planning”…