Monday, 6 August 2012

Young Drivers Suffer Due to Rising Insurance Costs



According to the popular researches being conducted, it is seen that young drivers are the ones who are more involved in road rage accidents and thus getting more car insurance quotes. They do not know that this can increase their insurance costs.

The accidents and rash driving have become a trend and this is why the insurance costs for the youngsters have gone up by almost 14%. This rise has been seen just in the last three months and within a short span of time, the new figures too will come up. They will present the real picture of how much high insurance premiums youngsters are paying.

The data will be out in a few days and it is being speculated that the data will show how the cost of car insurance for the young has been on the rise. The target group is the people from the age group of 17 to 22. It is not just the youngsters who have seen the rise in insurance costs.

The parents too have seen a steep rise as they have been taking insurance policies in their name and their vehicles are being driven by their children.

In Scotland, the rise in the insurance costs is less likely as the insurance premiums there are already high. In the three months that passed by, the cost of car insurance has increased by 11%. The young drivers are making more claims and most of these drivers are the ones who are new to driving and have just passed the test.

The free car insurance quotes today is one third more than compared to the previous year and this is the cause of worry of the insurance takers. The insurance companies are also refusing the claims to the you g drivers as they know that they are at more risk.

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