Young drivers are better than Euro motorists Which?
Young Brit are outperforming their European counterparts when it comes to driving, making them a better risk for motor insurers. However, they need to do even better if premiums are to fall.
Research from AXA reveals that drivers aged under 25 are less likely than young European motorists to make a car insurance claim, being 30% less likely to lodge a claim than those in France and Spain and 25% less than those in Germany.
Speeding still a problemHowever, 24% of young British drivers admit to speeding on the motorway, compared with the European average of 38%. The national average for UK drivers who significantly exceed the speeding limit on motorways is 21%. Just over a third of young British drivers admit to driving too fast in built-up areas, where the speed limit is 40mph, compared with just over half of under 25s on the continent. The national average for all UK drivers who exceed the 40mph speed limit in urban areas is 27%.
Drink drivingYoung British drivers top the poll when it comes to drink-driving, with just 5% admitting to consuming alcoholic drinks before getting behind the wheel of their car. Young Europeans are far less sensible, with 18% admitting to drink driving. The national figure for all UK drivers is even higher, at 27%.
PR Web (press release)Adrian Flux Offers Tips for Students on Keeping Premiums LowAs young drivers, students are likely to find that once they've passed their test the biggest running cost is insurance. Indeed, a first car is often much cheaper to buy than to insure for a year. But Flux warns against being tempted by a cheap,
guardian.co.ukIs the AA taking you for a ride?It has a full-service deal that is priced at a flat rate of £42.50, no matter how old the vehicle or how young the driver. European breakdown cover offers roadside assistance and recovery back to the UK. On gocompare.com, the cheapest deals we found
Money High StreetCar insurance 'fronting' puts 19% of drivers at risk of breaking Having their own insurance policy will also allow young drivers to build up their own no claims discount, which will help reduce the cost of your future policies. There are also several other ways of saving money on young drivers' car insurance without British motorists flout the law by fronting
Daily MailAdded extras create added insurance costsMark Monteiro, insurance expert at uSwitch, said: "Car insurance for young drivers is already really expensive so opting for cars that fall into a more expensive insurance group really isn't advisable. "In most cases, insuring cars such as the Peugeot Car insurance costs increase for 'go-fast' extras UK drivers clueless on overseas insurance Go-fast extras drive up premiums
