Premiums for young male drivers 'continue to rise'

Switch for the chance to WIN!

Switch before July 31st for the chance to win an Amazon Echo Show.
T&Cs apply, details here https://switch.ukpower.co.uk/june-promo

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

* Between 1 Jan 2018 and 30 Jun 2018, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £482 or more.

Car insurance premiums for young male drivers are continuing to rise, according to new research.

The study by AA Insurance found that the gap between the cost of cover for young men and women has grown by just under 60 per cent in the past five years.

According to the company, the number of accidents involved young drivers is affecting the cost with research from the Department of Transport last year highlighting that young men accounted for a third of people killed in accidents.

Simon Douglas of AA said: "Insurance premiums are based on claims experience and the unfortunate facts are that men aged under 21 are ten times more likely to have an accident than men aged 35 or more.

"Regardless of gender, premiums quickly fall for drivers who remain accident blame-free and don't collect driving offences."

Earlier this month, research published by Tesco Car Insurance warned motorists that modifying their vehicles could lead to insurance policies becoming void.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.


Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.

Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more