Car Insurance - Young drivers may soon be able to celebrate - 03/07/2008

 
 
 

Young drivers are paying more than double what other motorists spend to insure their cars, research by uSwitch.com reveals.

They warn that the car insurance industry could come under pressure when the government announces new measures to tackle age-based prejudice in the equalities bill as age, whether it'll be too old or too young, significantly influences insurance premiums.

Ashton Berkhauer, insurance expert at uSwitch.com, says the bill could possibly mean lower premiums for younger drivers in the very near future.

"Whether the equalities bill impacts young driver premiums or not, the most important thing is to research the cost of insurance before you buy a car," he adds.
"Young drivers must do their homework first and shop around to make sure they find the best cover and policy features to suit their needs and budget."

On average a young driver's car insurance policy costs 69 per cent of the value of their car.

 
     
 
 

Compare Car Insurance

 
 
Compare over 95% Car Insurers in 2 minutes.
 
  Compare Now  
 

Car Insurance Money Saving Tips

 
 
Our tips can help save you money when looking for Car Insurance.
 
  Information  
 
  14/08/2008 - Uninsured drivers cost motorists £500m annually
13/08/2008 - Lack of research means that elderly drivers are worst hit by car insurance price rise.
12/08/2008 - Premiums up 5.8%
 
  Cheap car insurance
Women’s car insurance
Cheap car insurance
 
  14/08/2008 - Driving you to current car insurance news
08/08/2008 - British drivers' determination to cope with fuel prices
02/07/2008 - Car insurance companies struggling to make profits