A new survey has revealed that one in five young people have considered driving without car insurance.
The escalating cost of car insurance premiums is leading more young motorists to consider taking to the roads without car insurance.
Research conducted by specialist car insurer Young Marmalade for the Transport Select Committee has found that 21% of young people would be tempted to drive without car cover, and almost all young drivers (96%) believe that they are being priced off the road.
Insurance costs rocket
The cost of car insurance has shot up this year, rising by more than 40% according to the AA. Which? research has shown that the cost of cover for young people in particular is particularly high, often more than £2,000 per year.
Which? insurance expert Dan Moore said: ‘It’s getting increasingly hard for inexperienced motorists to afford car insurance. It’s time the industry pulled the stops out to offer cover at a price that is significantly lower than the likely value of the vehicle that they are driving.’
Which? is among the consumer and industry groups who have submitted evidence to the Office of Fair Trading on car insurance premiums.
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