Car owners in inner city areas are paying up to three times as much for their
This is because post codes are a key factor in determining the price of a
The company added that there are “lots of factors” which affect the price of a
“If you’re a man having just passed your driving test you present the highest possible risk to an insurer regardless of the type of car that you drive,” said a spokesman.
“A young woman who has just passed her test will probably pay half the insurance premium of that of a young man who has just passed his test,” he added.
Home Office statistics show that young men are overwhelmingly more likely to become involved in a fatal road accident than any other section of the road-using demographic.
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