Why Are We Seeing a Decline In Young Drivers? Is It Changing Interests or a Familiar Trend?

Being a parent to a teenager who is just about to get behind the wheel of a car for the first time can be a very nerve-racking time. As a parent, all you want to do is everything in your power to keep your kids safe. And giving your teenager the keys to the car for the first time marks the period in your life where you are forced to give up that feeling of security because your child’s safety is no longer in your hands. However, what we are seeing nowadays is something rather unusual – or at least something unfamiliar. Young drivers are waiting longer to get their drivers licenses.

Why the Decreased Interest?

In today’s digital world, there is less need to drive. Mobile apps give consumers the ability to order food delivered straight to their door.

Rideshare apps are popular. The younger generation now has the option to use rideshare apps such as Uber and Lyft to get from point A to point B which means there’s less need for them to have their own car. According to the Pew Research Center, 51% of Americans between 18-29 have used a rideshare service, while only 24% of those aged 50 or older.

Urban lifestyles. Many people are avoiding moving out of cities. This means there is often less need for a car, as access to restaurants and other amenities are within walking distance of residential areas.

Environmental concerns. As technology improves and gaining access to new information becomes easier, younger generations have become more concerned about their own individual footprints.

Rising costs. Inflation has become a serious concern for a lot of people. As the cost of everyday goods and services continue to increase, consumers are doing everything they can to make ends meet. Owning a car is expensive and includes such costs as maintenance, gas, insurance, etc.

ERIE can over you discounts to help you.

Youthful Driver Discount applies to unmarried drivers under the age of 21 who live with their parents.

For young drivers who participate in accredited driver training courses, ERIE offers a Driving Training Discount

A College Student discount may be available to those living away from home without a vehicle.

Unmarried young drivers may also qualify for a Youthful Driver Longevity Discount, which gives credit for consecutive years spent insured under another’s ERIE auto policy (usually a parent or a guardian).