Young Drivers Car Insurance Premiums Fail To Deter 63 Per Cent From Fast Cars

Written by Editorial Team

06 November 2008 / by Rachael Stiles

Young drivers are trying to get car insurance for inappropriate cars, despite the higher car insurance premiums that come with them, according to research from Gocompare.com.

The majority of young drivers are still opting for cars with powerful engines, instead of choosing smaller, less powerful cars that would cost a lot less to insure, the study found.

The biggest users of comparison sites are drivers aged 17 to 21 – 63 per cent of which are getting quotes for cars with engines bigger than 1250cc.

Modified car insurance also proves to be a lot more expensive for young drivers who are not deterred by the higher car insurance premiums, even though they could be saving a lot of money.