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Car insurance young drivers


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Is it me or does anyone else think that car insurance for young drivers is a complete and utter joke how can you justify 5k for a 1.0 cc even on a mini last year we were quoted £1300 now its £3300 the annoying part is we all just except what's happening, in today's climate how are the young ones going to get on who at 18 has 5k i feel we will see a huge rise in uninsured drivers, you can see this happening already from insurance company's as they are now advertising the fact they can cover you for this :rant::rant::rant::rant::rant::rant:

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Well clearly if the insurance companies are overcharging and making an obscene profit out of young drivers, there is a market for someone to come in and undercut them by providing insurance at a more realistic price.

 

 

 

According to the latest figures from the Financial Services Authority, motor insurers are paying out £1.20 in claim settlements for every £1 they collect from drivers.

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