Insurance specialists Young Marmalade argued that the high price of cover is leading to many driving without insurance, with spokesman Nigel Lacy stating that the average annual cost for a 17-year-old driver in London is £3,500.
This leads to it actually being cheaper for them to pay fines for uninsured driving, he noted.
Mr Lacy argued that insurers are failing to help motorists to lower the number of claims, stating: “The insurance companies, instead of trying to work with the young drivers, just move out of the market, which forces the premiums up.”
The best way to proceed is to take action that can help reduce premiums, like reducing when younger drivers can take to the road, or ensuring they are in safer cars.
Last month, the AA said