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AA: Young men pay more for their car insurance
  
23rd October 2008
0 comments 0 comments | 1150 views 1150 views
  

Younger drivers may have to pay more for their car insurance premiums because some are finding that fewer insurers are prepared to quote for third Party, fire and theft (TPFT) cover.

Many companies are making losses from new and inexperienced drivers, especially men, and are now withdrawing from the market to make savings, according to AA car insurance.

It has been found that young males can pay up to twice as much as their female counterparts for insurance and it is often them who make the largest claims.

Simon Douglas, director of AA Insurance, said: "The average car accident insurance claim for a young male driver is nearly £4,500 compared with £2,700 for their female peers."

He also said that drivers under the age of 25 account for nearly a third of casualties on Britain's roads.

At the end of August new careless driving laws were announced by the government which allowed courts to imprison drivers who cause death by driving without due car and attention.

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