There must be a reduction in car insurance rates for younger motorists in order to reduce the youth unemployment crisis facing the UK, Transport Secretary Justine Greening recently said.
The Government has said that it wants to see the rise of discount car insurance for young drivers while simultaneously looking to discourage people from getting behind the wheel without cover and driving car insurance rates into the stratosphere.
The last few years have seen young male drivers bearing the largest burden when it comes to motor car insurance cost increases, as massive car insurance rate hikes have led to many young men being priced right off the road or even driving without insurance.
Researchers say that car insurance rates have finally begun to level out after year after year of increases, with new statistics showing annual motor car insurance premiums finally beginning to fall on average.
Parents will often go to all ends for their children, and when it comes to finding discount car insurance for young drivers, this is no exception; as many as one out of four parents either considered illegally listing themselves as the primary driver on their child’s insurance policy – or have already done so.
A new telematics-based motor car insurance product is giving parents the ability to keep an eye on their children while they’re behind the wheel thanks to technology that updates parents in real time on how their kids are driving and where.
While the word ‘espionage’ brings connotations of underhandedness and skulking about, fitting a spy in your car can lead to discount car insurance for young drivers, one major insurance provider recently remarked.
While driving without proper motor car insurance is still a serious issue in the UK, the Motor Insurer’s Bureau’s latest figures indicate that there are less uninsured young drivers on the roads today than there were in the past.
The inability to find discount car insurance for young drivers can be crippling, especially since the cheapest quotes younger motorists can find are often more expensive than a used car in and of itself.
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.