Expensive insurance 'risks youngsters forgoing cover'
Monday 05 September 2011 | By Evolution InternetBack to Newsroom
Car insurance companies have been called upon to lower their premiums for young drivers, news which may be of interest to those looking to lease Isuzu Rodeo pickups.
The Institute of Advanced Motorists (IAM) appealed for an overhaul of systems used to calculate how much individuals should be charged.
Director of policy and research at the company Neil Greig said: "Young drivers can only learn safer driving by practising it, but huge insurance premiums risk pricing them off the road."
Research by the IAM revealed the cheapest annual premium for an average 17-year-old is £7,091.38.
Mr Greig commented that the expensive cost of taking out a policy could lead to some youngsters forgoing insurance, which could have "serious implications" for road safety.
It was recently suggested by the IAM that young motorists are 15 per cent more likely to crash than older drivers due to errors in judgement and reacting badly to risks.
