High cost of driving insurance hits youngsters

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NEARLY three-quarters of young drivers in Sheffield say the high cost of driving is affecting their social lives, according to a new poll.

The survey carried out by an insurance provider, found 72 per cent of young drivers aged between 17 and 25 felt their social lives were inhibited by insurance costs.

Young drivers said they were unable to buy clothes, go on holiday or on nights out with friends because on average they were paying between £2,000 and £4,000 in car insurance.

More than a quarter – 27 per cent – of young drivers quizzed admitted they had driven their parents’ car without insurance, or knew someone who had.

The survey also found 68 per cent of young drivers lucky enough to afford to drive said they car were used as a ‘taxi service’ by friends.

Steve Chelton, insurance development manager at Swinton said: “The results from this survey clearly highlight young car owners feel they are being exploited.

“It is costing them a fortune to enjoy the lifestyle that previous generations took for granted. Insurance companies need to address this issue so the UK doesn’t end up with a stranded and frustrated generation of young drivers, some of whom are breaking the law in order to drive a car.”

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