Now that summer season is here, it's a good time to recognize that more teens will be obtaining their licenses during this time than other times of the year. More than ever, it is imperative to take precautionary measures to ensure teens’ safety behind the wheel.
Because more teens obtain their driver’s licenses during the summer than any other season, their parents’ auto expenses also rise accordingly. The personal finance social media network WalletHub followed up on its analysis of 2014's Safest States to Live In with an in-depth analysis of the Best & Worst States for Teen Drivers for 2014.
Motor vehicle crashes continue to be the leading cause of death for people between the ages of 16 and 19 — they have the highest crash rate of any age group. Read more about Teen Driving Safety here at the AskPatty Blog. With an average of 260 teen deaths resulting from auto accidents during each of the summer months, their study is especially timely for parents of young drivers.
In addition, the financial implications of those statistics are staggering. Although young people aged 15 to 24 represent only 14 percent of the population, they account for about 30 percent of the total costs of motor vehicle injuries. That’s not counting auto maintenance, high insurance premiums, possible traffic citations, and other vehicular incidents that can rack up expensive costs over time.
Wallethub compared the driving conditions for teens in the 50 United States based on 16 key metrics. The data is broken down into categories that examine the safety conditions, economic environment, and driving laws of each state, to the average cost of car repairs and the number of teen drivers in each state, and even impaired-driving laws and teen driver fatalities in each state.
By doing so, WalletGuard hopes to equip parents and other concerned adults with facts that will help them safeguard against unforeseeable events when their teens are on the road, so that parents and responsible guardians can take the necessary precautions to ensure the safety of their teens and the health of their wallets in the coming months.
After all, parents are the ones to shoulder both the emotional and financial burdens of their children’s actions.
We're also sharing a brief overview of their findings over at BlogHer. Or, you can also visit WalletHub directly to take a look at their interactive infographic for state by state factoids about the best and worst states for teen drivers.