Average car insurance cost for newly-passed 17-year-old driver ‘tops £3,000’

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The average cost of motor insurance for a 17-year-old newly-qualified driver has increased by more than £1,000 since last year, a website said.

A 17-year-old who has just passed their driving test faces paying £3,075 on average for their insurance, data from Compare the Market

This is a £1,071 increase on the typical cost of car insurance for a 17-year-old last year, which was £2,004, Compare the Market said. Across all ages, the average cost of car insurance for a driver with a provisional licence was £726, increasing to £2,731 when a driver passes their test and receives a full licence.

Julie Daniels, a motor insurance expert at Compare the Market, said: “The significant increase in the cost of car insurance could make driving prohibitively expensive for lots of teenagers.

 

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