Are you a young driver between the ages of 17 and 24 wondering why your insurance quotes are sky high? Here is the main reason.
In 2018, Government statistics showed that 17% of all road traffic casualties were caused by drivers between the ages of 17-24. As a result of these statistics young drivers are seen as a considerably higher risk on the road, and as such their insurance premiums are higher than other age groups.
Another factor that will drive the price of your premiums up is their lack of driving experience. As a young driver, are just starting to build your no claims bonus, therefore you wont benefit of the discounts more mature, experienced drivers have.
How much is car insurance for young drivers in the UK?
Your quote can depend on your address, vehicle, and the type of cover you choose. Don’t assume that third party cover is going to be the cheapest for you. Instead, carefully consider your lifestyle and the level of security you’d need to feel at ease on the road.