Graduated licenses could mean cheaper car insurance

By Associated Press



HONOLULU (AP) _ Hawaii residents could save on car insurance if a proposed law requiring graduated licenses for teens successfully brings down the number of crashes for young drivers.



Under the bill, drivers under 18 would need to be accompanied by a licensed parent or guardian when driving between eleven p-m and five a-m -- with a few exceptions.



The latest draft would also require the state to issue annual reports on accident rates among teen drivers over a period of three years to show whether the new law had helped keep teens safer.



Members of the Senate Judiciary and Hawaiian Affairs Committee passed the amended version of the bill yesterday.



A committee report suggests if the program has been successful, a study should be completed to determine whether insurance companies would need to rollback their premiums.



If it hasn't, the program would simply end.