Car insurance comparison site returns with £33k quote

One teenager from Salford was absolutely flummoxed after the car insurance comparison site he was using to find cheap online car insurance returned with a premium quote of nearly £33,000 from insurer AA.

Newly-qualified motorist Jake Redshaw was relieved to find out that the online car insurance quote was an erroneous one.  However as the cheapest option he found for insuring his 2006 Vauxhall Corsa was £5,700, he has decided that he may have to postpone his motoring plans unless he can find some discount car insurance for young drivers.

Jake stated that he was prepared to pay as much as £3,000 to £4,000 to insure his used car, but the average quote he found online was easily three to four times that figure at £12,000 to £13,000. Only the AA gave him such an exorbitant quote, however.

When questioned regarding the highly inflated premiums quoted to younger drivers, the Association of British Insurers responded by stating that drivers between the ages of 17 and 24 years are responsible for nearly one out of every three road traffic accidents.  As that particular age group only comprises 12 per cent of the entire motoring population, they are considered to be high risk and pay higher premiums.

A spokesman from the AA issued an apology for the massive price quote Jake received, stating that the ‘clearly ridiculous’ quote the 17 year old received should never have occurred. The spokesman further stated that some car insurance companies, in an attempt to discourage business they don’t want, will quote outlandish figures in the expectation that they would never be taken up.

In related news, many insurers have begun intimating that they are prepared to begin the introduction of ‘black box’ telematic device-driven insurance policies.  These policies would charge younger and higher-risk motorists per mile and encourage them to drive only during daylight hours when the statistical accident rate is lower.

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