Young GB Drivers Are Less Likely To Claim On Their Car Insurance Money High Street
Young GB drivers, under the age of 25 are less likely to claim on their car insurance than those in some of their European counterparts, including those in Spain, France and Germany and overall are considered a better insurance risk.
According to research from Axa, motorists under the age of 25 years old in GB are more than 30% less likely to claim than those of a similar age in Spain or France and around 25% less likely to claim than the U25 in Germany.
They are also less likely to speed on a motorway with 24% of drivers under 25 years in Britain admitting to significantly exceeding the speed limit on the motorway against a European average of 38%.
The research though also revealed that 52% of U25s in Great Britain know someone who was involved in an accident last year underlining the fact that, while they may be better than others in Europe, young drivers in GB are still high risk. In fact, a report from the ABI last year showed that young drivers are ten times more likely to be killed or seriously injured than more experienced drivers.