Insurers Offer Discounts for Young Drivers - With Strings Attached

Insurers are pursuing a group of drivers that they've traditionally tried to avoid: teenagers and young adults. Safeco Corp., Nationwide Mutual Insurance Co., American Family Mutual Insurance Co. and Allianz SE unit Fireman's Fund Insurance Co. are among those rolling out significant new discounts for young drivers and their parents - often with new requirements designed to minimize risk. Others are tied to the use of special monitoring technology that allows parents to keep an eye on young drivers behind the wheel.....

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