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Best Car Insurance Rates For Young Drivers

Best Car Insurance Rates For Young Drivers – Young drivers were made by the data under the highest vehicle insurance costs in the register, with several premiums being exposed to almost 3,000 GBP.

Confused.com said that the price comparison company, an average of 17-20-year-old, rose by more than 1,000 GBP compared to the same period of the previous year.

Best Car Insurance Rates For Young Drivers

Best Car Insurance Rates For Young Drivers

Steve Dukes, Managing Director of Confused.com, said on Radio 4 program: “The frequency of the claims has been in recent years, then pandemic, but also the costs for you.

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“The costs for used cars are higher than before, the costs of the part, the labor costs for repairing repairs – and this will be sent to consumers.”

The prices for used cars – usually the first vehicle for a newly qualified young driver – have been in Covid Pandemic Volatil for several months. The demand for used cars that spoiled themselves when the production of new vehicles fell due to an international lack of computer tiles and other required materials.

In March 2022, prices on the used car market rose a maximum of 31%, according to the National Statistics Office. They have fallen back since then.

But younger drivers got out of the sharpest jump. For 17 -year -old Alts, the premiums rose an average of £ 1, 423 pounds to £ 2, 877. For 18 -year -old drivers, average prices reached 3, 162 pounds.

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The data is calculated on average of the five quotes received on confused.com and not for a price that is actually paid for a strategy.

Mr. Dukes said there were opportunities to reduce premiums. “Since they can be improved with legitimate disputes with an older driver with more experience and the person as a driver, it can have a very significant influence and reduce the price by hundreds of pounds.

Mr. Dukes also suggested that younger drivers use the use of telecommunications, external or “pay how you pay for insurance, in which your behavior is shared on the street to the underlying insurance company or the occasional driving insurance.

Best Car Insurance Rates For Young Drivers

But he said with price increases for 17-20-year-olds that many young drivers would see if they could afford to run at all.

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“The industry has to make sure not to bring younger drivers to other means of transport, and there is a real danger if the prices become so,” he said.

The Association of British insurers (ABI) said that the vehicle insurance could be expensive, but there were opportunities to reduce the costs. outer

It added that it was important that the drivers never drove without accommodation and asked everyone who had to fight with the costs of talking to their insurance.

Abi said, however, that the insurance company is always based on risks and its data is the average costs and the incidence of damage cases for younger drivers, which can affect the premiums.

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According to Abi’s own analysis of 28 million guidelines, the insurance costs of the drivers were an average of 561 GBP between July and September, which corresponds to an increase of 29% compared to the same period in 2022.

The organization said the numbers were based on the prices that customers paid for their front page and not on what was specified.

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Best Car Insurance Rates For Young Drivers

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