Insurance companies charge higher rates for teenage drivers because historically they are in more accidents during the time they are learning the techniques of driving until they become a more experienced driver. (pocketsense.com)
They typically charge a higher rate of interest, but a longer repayment term means the monthly obligations are affordable. (badcreditloanservices.com)
The company covers this payment of commission to agents by charging high rates of premiums from the customers. (comparepolicy.com)