Confused.com Reveals The Cheapest Cars To Insure For Young Drivers
Released on: September 21, 2011, 4:51 pm
New research from Confused.com has revealed the cheapest cars
to insure for 17-20 year olds. The results showed the Ford Ka2 topping
the leader board, followed closely by the Peugeot 107, while the worst
car to run for young drivers looking for low insurance prices was the
The costs of car insurance for young drivers hit record highs in the second
quarter 2011, with 17-20 year olds paying as much as four times the average amount
for car insurance.
The Confused/Towers Watson price index showed that motor insurance based on a 17-20
year old male is now £4,006 per year for comprehensive cover, highlighting the need
for research when buying a car.
To help young drivers, Confused.com has undertaken research to give teenagers a
helping hand and unveiledthe five cheapest and most expensive cars to insure for
17-20 year olds.The research also highlighted that 50% of under-25s could save up to£594 on their car insurance premiums by using Confused.com.
Gareth Kloet, head of Car Insurance at Confused.com said: "Young drivers and
learners are telling us that the cost of insurance is the biggest barrier to getting
behind the wheel: more so than the cost of buying the car.
"Buying your first car should be exciting, not a worry about whether you can afford
the insurance costs. Here at Confused.com we want to offer young drivers the chance
to find the perfect car with the cheapest insurance."
"Once the car has been found drivers should shop around for cover as premiums can
vary greatly between providers; a comparison site is a great way to do this."
Notes to editors:
Consumer Intelligence independent onlineresearch (July '11) of 2000 17-25 year old
learners, drivers and non-drivers found 50% of consumers, aged 17-20*, could make
this saving.Survey by OnePoll.com on behalf of Confused.com.Information based on
single males with comprehensive cover taken from Confused.com/Towers Watson Price
Index July 2011.
* consumers quoted on confused.com during Jan – Jul 11 (inclusive) for vehicle
valued £600-£10,000 (includes comprehensive and third party cover for single and
named driver policies).
Confused.com is one of the UK's biggest and most popular price comparison services.
Launched in 2002, it generates over one million quotes per month. It has expanded
its range of comparison products over the last couple of years to include home
insurance quotes, travel insurance, pet insurance, van insurance, motorbike
insurance, breakdown cover and energy, as well as financial services products
including credit cards, loans, mortgages and life insurance.
Confused.com is not a supplier, insurance company or broker. It provides a free,
objective and unbiased comparison service. By using cutting-edge technology, it has
developed a series of intelligent web-based solutions that evaluate a number of risk
factors to help customers with their decision-making, subsequently finding them
great deals on a wide-range of insurance products, financial services, utilities and
more. Confused.com's service is based on the most up-to-date information provided
by UK suppliers and industry regulators.
Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock
Exchange in September 2004. Confused.com is regulated by the FSA.
Confused.com press office
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