The average cost of insuring a car for young drivers has soared to a record high of £3,688, according to figures from moneysupermarket.com – but there are things you can do to keep insurance bills down. Newly qualified drivers face the steepest annual premiums at around an eye-watering £5,957. Drivers aged between 17 and 22 [...]
How young drivers can beat record insurance costs
posted by Mitchell Kirby on May 30th, 2011 under Insurance Advise
Young Drivers Get Ripped Off By Insurers
posted by Eve Dearth on May 14th, 2011 under Auto Insurance Analyst
When the teenage learns driving, the parents try to get their ward and vehicle protected by buying the suitable insurance cover. But the insurance policy for young drivers is costly so the parents prefer to add their teenage driver in their pre-existing parental auto insurance policy. According to a research, around 86% of the young [...]
Focus on: New car insurance for young drivers
posted by Mitchell Kirby on March 26th, 2011 under Insurance Advise
While the fuel duty reduction announced in the Budget may have brought some relief to young drivers, for many the cost of motoring remains unaffordable due to steep insurance premiums. Motorists in their teens or early twenties pay substantially higher premiums than older drivers because they are considered higher risk by insurers. According to the [...]
Britain Young Drivers Make Less Insurance Claims than their European Counterparts
posted by Eve Dearth on January 29th, 2011 under Auto Insurance Analyst
According to a research by AXA, the UK young drivers are less likely to get involved in any accident or collision than their European counterparts. The young British motorists make less insurance claims than the young drivers in Spain or France. The British motorists less than 25 years are 30% less likely to be involved [...]
Should young drivers be kept off the roads?
posted by Mitchell Kirby on September 21st, 2010 under Insurance Advise
It’s a tough time to be a teenage driver; this week saw recommendations that newly qualified young drivers should be banned from driving at night, while car insurance premiums for this age group continue to soar. There’s good reason for that, of course. Young drivers are 10 times more likely to be involved in a [...]
Today’s News: More Life Insurers Subpoenaed, Young Drivers Have Higher Crash Rates and 1 in 5 Californians Uninsured
posted by Eve Dearth on August 13th, 2010 under Auto Insurance Analyst
The New York State Attorney General has subpoenaed more life insurance companies, a new report shows that young drivers have significantly higher auto accident rates and one in five California residents are go without health insurance. More Life Insurers Subpoenaed Recently, New York State Attorney General Andrew Cuomo announced that he would be opening a fraud investigation that [...]