Feature
How young drivers can decrease insurance premiums
Those under 25 incur higher insurance premiums for their lack of driving experience and other pitfalls
23 September 2022 - 05:00
The cost of car insurance for drivers under the age of 25 is more expensive than for older people because, according to statistics, people in that group have the worst driving records, higher accident rates and more expensive accidents.
“Insurance companies generally deem young people as high risk, owing to their lack of extensive driving experience, and therefore higher risk of accidents,” says Barend Smit, marketing director of MotorHappy, a supplier of motor management solutions and car insurance options. “However, there are ways that young people can decrease their premiums.”..
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