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Increase in accidents 'involving younger motorists'
Posted :
20-03-2007
There has been an increase in the quantity of young motorists involved in car accidents, it has been revealed.
According to Co-operative Insurance (CIS) the rise in the number of accidents involving drivers under the age of 25 has resulted in increased car and commercial vehicle insurance premiums for this age group.
Furthermore, it revealed that in the past three years the cost of insuring young drivers has risen by 22 per cent.
"If this trend continues many young car owners will be unable to afford insurance and that will inevitably lead to a rise in the number of uninsured motorists on the roads and that would have major consequences for us all," David Neave, CIS director of general insurance.
Mr Neave added that motor insurance providers such as CIS have a duty to try and prevent future losses, thereby making car insurance more affordable in the future.
CIS is the claims to be the only co-operative insurance company in the UK.
© Adfero Ltd
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