Learner Drivers Pay Price Bw News News from Be Wiser

Learner Drivers Pay the Price

Learner drivers are known for being a higher risk to insurers; statistics show that newly qualified drivers under 23 are far more likely to be involved in a serious accident than any other age group.

As such, 86% of learner drivers may feel they are being "ripped off," by insurers who charge excessively for adding them to pre-existing parental policies.

New drivers are said to be involved in 29% of accidents while making up just 10% of all people owning a license.

The risk of an injury or death related accident caused by a learner driver is significantly higher, being up to 10 times greater for those ages 17-20 years old than those aged 40 or over.

Drivers under 21 are involved in 15% of all accidents involving deaths, which is why insurers are less likely to offer low cost deals to anyone who fits into this age group.

Statistics also show that new drivers are more likely to have an accident in the first year after passing their test than at any other time in their motoring career.

Learner drivers who are 17 typically cost £2,000 at least (per year) and £50,000 at most to be added to the insurance policies of their parents.

Read more news about: