Younger drivers with automatic-only licences face paying £760 extra for automobile insurance coverage than those that can even drive a handbook automobile, in keeping with new figures.
In what’s described as a “regarding” rise, figures from comparability web site Evaluate the Market present motorists below 25 with computerized licences now pay £2,803 on common.
That could be a year-on-year improve of £916.
It’s a concern for the rising variety of drivers taking automatic-only checks, with DVLA knowledge displaying that 138,354 handed in an computerized automobile in 2022-23.
That determine was 34,749 in 2012-13.
“The rising price of automobile insurance coverage is regarding for younger drivers throughout the board, notably those that have solely learnt to drive computerized automobiles,” Julie Daniels, motor insurance coverage professional at Evaluate the Market, mentioned.
“These drivers face paying over £900 extra this 12 months to insure their automobile.”
The figures additionally present insurance coverage premiums have risen since January 2023 by £644 on common to achieve £2,009 for drivers below 25.
All of it means younger drivers now face paying £3,043 on common for the full operating prices of a automobile, a 25% improve from final 12 months when this invoice stood at £2,436.
“A tip for younger drivers can be to go searching for cheaper automobile insurance coverage first, both when their coverage is up for renewal, or when taking out insurance coverage for the primary time,” Ms Daniels added.
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“Including an skilled named driver to an individual’s insurance coverage can even assist scale back costs – so long as the data is correct.
“Lastly, a telematic coverage, also referred to as a black field, might help give a youthful driver extra inexpensive quotes.”
