That is absolutely true.
I would not buy insurance for my sons when they became old enough to get a driver's license.
So prior to the age of 16, they were working at restaurants, hobby shops, and golf courses to make the $1000 a year they would need for insurance.
When they had a collison or speeding ticket, they had to pay the increase premium.
One son could not keep up with his rising payments so he had to quit driving.
His car is sitting in my driveway right this very moment.
"If a young man or woman works to buy something they want a car etc.
They will drive the car with care because they do not want to hot rod it or wreck it because it is their responsibility."
I went to work plastering for my father when I was 14 so I would have a "car" on the day I turned 16. I knew it was against the law and just kept my mouth shut.
I spent the 2 years building y 40 Ford with a 3/8s x 3/8s flat head and had it ready for the day. I street raced nightly and 2 years later replaced the flathead with a big olds overhead and was going 129 in the quarter in 1953 which was pretty quick for a street coupe in those days.
I already had racing in my blood since I first drove a rail at Santa Ana when I was 12.