A firm specialising in providing discount car insurance for young drivers has recently said that it has experienced ‘significant’ motoring behaviour improvements in its customer base after introducing ‘black box’ telematics technology as a viable option, experts say.
While drivers in the UK are already feeling the pain whenever they pull up to the petrol pump, new research has revealed that car insurance rates are on their way up yet again.
While discount car insurance for young drivers remains nearly impossible to find, the Association of British Insurers has recently stated that it remains committed to improving access to travel and motor car insurance for older customers in the UK, sources say.
With discount car insurance for young drivers nearly impossible to find in the current economic landscape, more car insurance companies need to support the Pass Plus scheme to lower insurance costs for the nation’s youth, experts say.
MP for Ribble Valley, Nigel Evans, recently met with representatives from car insurance companies in order to discuss how to best change the industry to make discount car insurance for young drivers more of a possibility, industry experts recently reported.
The major car insurance comparison sites operating in the UK may need to brace themselves for more competition, as the advent of telematics-based motor car insurance could bring more up-and-coming comparison sites to the market, experts say.
With car insurance rates for young male drivers nearly twice what they are for their female counterparts, car insurance companies have been accused of taking young men for a ride, experts say.
Car insurance companies say that the government needs to introduce a scheme to bring discount car insurance for young drivers back into the picture for the nation’s beleaguered youth.
In the Downing Street summit last week between leading car insurance companies and the Prime Minister, David Cameron has said that he wants to ‘drive down’ car insurance rates for the average British driver, experts say.
The recent motor car insurance summit, which took place this week at Downing Street, saw industry experts and ministers discuss methods on car insurance companies could provide cheaper rates for drivers, especially younger motorists.