Why Young Drivers Pay So Much For Their Insurance

Posted on 24th January 2016 in Young drivers

Car crash claim time!Having a car and a license gives a young person a new level of freedom. No longer bound by public transport or Uber Taxis! No longer a need ot beg and plead with your family or friends to get a ride. Been able to go wherever you want whenever you want. As with most freedoms, with it comes added responsibility. The responsibility includes having to get car insurance. However, unfortunately for new drivers or young drivers you will have to pay a higher insurance premium. This is a subject of much debate but no matter what suggestions are made, while ever insurance is sold based on profiling it is not likely to change.

Age will play a factor in the amount of car insurance you will have to pay. Drivers who are under the age of 25 have to pay higher rates. Once you reach the age of 25 and as long as you didn’t have any accidents the insurance rates will lower significantly. (more…)