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News Tag: young drivers

October 4, 2012

Insurers call for one-year minimum L-plates

by Jan Harris
Insurers call for one-year minimum L-plates
With an 18-year-old driver three times more likely than a 48-year-old to be involved in an accident, the Association of British Insurers (ABI) says restrictions should be placed on new drivers in order to save lives. The ABI is calling for a number of changes to the way youngsters learn to drive in the UK, including the introduction of a minimum 12-month ...




April 5, 2012

Black box technology improves young driver safety

by Jan Harris
Black box technology improves young driver safety
The use of telematics technology to monitor the driving habits of young drivers has led to a 20 per cent fall in accidents, according to Co-operative Insurance. This could lead to a reduction in the cost of motor insurance for young drivers, which will be welcome news for many young people who are currently unable to afford soaring premiums. According ...




March 30, 2012

Uninsured young driver numbers halved

by Jan Harris
Uninsured young driver numbers halved
A new law allowing the Motor Insurers' Bureau (MIB) to cross-check its database against DVLA records has led to a substantial fall in the number of young people driving without insurance. The Continuous Insurance Enforcement (CIE) law allows MIB to check which vehicles are registered with the DVLA. If a registered vehicle is not listed as insured on its own database it can ...




November 29, 2011

Ghost brokers defrauding young drivers

by Jan Harris
Ghost brokers defrauding young drivers
An insurance scam could have left around twenty thousand motorists uninsured according to a report by the BBC. ‘Ghost brokers’ are targeting young drivers who are struggling to afford high insurance premiums, as well as communities where English is not the first language and where residents may not understand how the UK insurance system works. The so-called ghost brokers advertise cheap insurance ...




April 1, 2010

AXA praises Britain’s young drivers

by David Masters
AXA praises Britain's young drivers
Young drivers in the UK are less likely to make an insurance claim than their European counterparts, according to a new study. Research by AXA found that British motorists aged under 25 are 30% less likely to make a claim than young drivers in Spain or France, and 25% less likely than those in Germany. Young British drivers are also less likely to exceed ...




May 27, 2009

Modified cars more likely to crash

by David Masters
”Modified
Drivers who modify their cars can find themselves paying thousands of pounds extra in insurance premiums because insurers believe they are more likely to crash. A simple spoiler can hike annual premiums by as much as £700. Flared wheel arches and wings add almost £3,500 to premiums for a Ford Focus 1.6. Tinted windows, side skirts, and exhaust system changes also push up premiums. Even ...




April 29, 2009

Younger drivers penalised due to age discrimination

by David Masters
”Younger
Motor insurance firms are guilty of age discrimination, according to new research by Moneysupermarket.com. The price comparison site found that an average 17-year-old male will pay over £3,000 for a motor insurance policy - twice as much as an 18-year-old male driver. Young women drivers are subject to the same discrimination, with a 17-year-old female paying 130% more than an 18-year-old female. Steve ...