Why is car insurance typically more expensive for teenage males than for teenage females?

Car insurance is typically more expensive for teenage males than for teenage females primarily because male teenagers have a greater number of accidents than their female counterparts. Statistics consistently show that young males engage in riskier driving behaviors, such as speeding or driving under the influence. This heightened risk translates into a higher likelihood of accidents, which results in insurance companies charging more for policies covering male teen drivers.

The reasoning behind insurance rates is heavily based on statistical data regarding past behaviors and outcomes. Since insurance companies assess risk based on historical data, the higher incidence of accidents among male teenagers is a critical factor influencing the cost of their insurance. In summary, the increased risk of accidents leads to higher premiums for teenage males compared to females, making the second option the most accurate.