Wednesday, 14 December 2011

Working Young Drivers Need Cheaper Car Insurance

Young driver insurance providers are being urged to offer more affordable car insurance for young drivers*, especially since many feel that they are being priced off the road as they simply cannot afford to pay for standard car insurance quotes.

Unfortunately, the reason behind the high car insurance quotes is because young drivers are thought to be the most likely bunch of driver to have an accident and a large claim on their young drivers insurance as a result.

This causes yet another problem – especially for those young drivers who work. As a result this could be a factor that contributes to the current level of unemployed young people in the UK. It’s believed that if young driver insurance is kept at an affordable level then more 17 – 25 year olds will be able to take on jobs that may not have been available to them before.

However, iKube’s black box insurance could be a solution for many young drivers as it offers up to 25% discount on standard car insurance. The scheme does this by restricting the young motorist to driving before 11pm at night. If they do drive between 11pm – 5am they incur a £100 penalty – simply a deterrent to keep young drivers safe and off the roads during the most dangerous time of night to drive.

It’s important to remember that iKube doesn’t say that you “can’t” drive late at night – the scheme just asks that you don’t. It’s certainly not curfew car insurance in the strictest sense of the term.

Unlike other black box car insurance policies iKube will not restrict your mileage – it’s not a “pay as you drive” insurance or even a curfew insurance scheme – it’s simply asking young drivers to stay safe on the road.

At renewal the young driver could get up to 40% off their car insurance – as long as they’ve been a careful, considerate driver.