Cost of insurance discourages young drivers
The cost of motoring continues to rise for most drivers, but stringent insurance premiums imposed on young drivers is forcing them off the road. This is a main finding from studies undertaken by the Department of Transport which show only 31% of 17 -20 year olds held a full licence in 2013, compared with over 43% in 1995. The main obstacles to young drivers getting on the road are the cost of learning to drive, the cost of the car and, increasingly, the cost of insurance.
21st Aug 2014