For drivers between the ages of 16 and 24, the price of insurance can seem more than a little unfair. While $125 per month could insure a luxury vehicle for someone in their 30s, a 16 year-old couldn't get such a rate for a Pinto. There's a very simple reason for this disparity; young motorists are by far the most dangerous drivers on the road. A study by the Rand Corporations shows that while 13-percent of all drivers are between the ages of 16 and 24, 43-percent of all accidents come from that age group. It's a good thing everybody seems to be on the phone while driving, it may not hurt as much when you don't see that pimped out Neon coming.

While young drivers are an accident waiting to happen, those over the age of 65 are much safer than their unearned reputation may suggest. Senior citizens make up 15-percent of all drivers, but only cause 7-percent of the total accidents. Maybe it's because people are a little more careful when they see a Crown Victoria on the road, but that AARP discount appears to be well-deserved anyway. Next time you're on the freeway and you see a Buick Roadmaster in the right lane, get behind it, it's probably one of the safest places on the road.

[Source: Reuters]