yes i know for teens it sucks because they might have to pay for it. But do you think it helps in the long run?

Since ins companies ALWAYS get their money back in the form of raised rates after minor accidents, it's wrong to charge teens more. However, the problem is that they (teens) are more likely to be involved in serious accidents that result in MAJOR payouts from lawsuits etc., so that is probably the reason for the outrageous prices

no it is not because some of them can't pay for it

in my opinion it is not good or bad, it is just the way things are, insurance companies charge you according to the level of or probability that a teenage driver is more likely to have an accident than a fourty year old driver

Yes if you get high often.