Car insurance for new drivers doubles

Saturday, 25 June 2011

New drivers could find that getting cover for their vehicles is extremely expensive in 2011.

According to research from Confused.com, first time car insurance customers can expect to pay around £2,000 or more on their policy, which is double what many Brits were paying only a couple of years ago.

The website's report revealed that the Fiat 500 Pop and Ford Ka are two of the nation's favourite vehicles for newly qualified drivers because of their lower insurance costs.

Gareth Kloet, head of car insurance at Confused.com, said: "The popularity of these cars may have been led by their use by many driving instructors, and also by the relatively cheap insurance cost compared to other small cars."

Recently the Institute of Advanced Motorists (IAM) gave its support to the government's new Car Insurance Enforcement (CIE) law.

Under the new legislation it means that every vehicle on the UK's roads needs to be covered by a policy otherwise drivers can face a fine or could possibly have their vehicle taken from them.

News Home

Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority