November 18, 2009
Story link: Young Drivers hit with big premiums
Young drivers have always had a problem with premiums for car insurance, but apparently the situation is getting worse:
Young motorists charged “horrendous” premiums
Young drivers feel ripped-off by car insurance firms because it is cheaper to be fined for not being insured than to pay for insurance, said Nigel Lacy of car insurance scheme Young Marmalade.
Teenage drivers can find themselves paying “horrendous” insurance premiums of up to £3,500, Lacy said.
According to Lacy, insurance companies need to make more of an effort to take care of young drivers and work with them to improve their driving skills.
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Certainly it’s a fair point to make, but perhaps any kind of push for cheaper premiums needs to go hand in hand with education and greater training.
We continually read stories in the papers about how a young driver takes friends out, shows off a bit, then loses control resulting in many of the passengers being killed.
So while reducing premiums is laudable, we need to address the issue of road safety among young drivers as well.
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