When on the road, young drivers who have recently got their motorists license accepted are thought about as less experienced motorists which posses high risk. They are more aggressive and like to show off. They have the tendency to drive quick and negligent so they are more most likely to get associated with traffic infractions or collisions. They even want to drive pricey cars and would lend their cars to their buddies. These are generally the reasons insurance companies charge high premium rate on vehicle insurance plan for young people.