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Insurance Latest News ABI aims to lower young drivers' insurance costs
Insurance Latest News ABI aims to lower young drivers' insurance costs ABI aims to lower young drivers' insurance costs
A new campaign aimed at reducing accidents accident amongst British teenagers has been launched by the Association of British Insurers (ABI).
The ABI says improved road safety amongst young people could help the insurance industry drive down car insurance costs for teenage drivers, who are seen as one of the highest risk groups by insurers.
While the total number of driving-related deaths fell by eight per cent last year, deaths of 16-19-year-old passengers and drivers rose.
Stephen Haddrill, director general of the ABI, commented: "Reducing accidents involving young drivers should be the number one road safety priority for Britain.
"Research carried out by the insurance industry shows that teenage drivers are ten times more likely to be killed or seriously injured while driving than motorists in their 40s."
He added: "Effective action now will save life and enable us to get the costs of driving and insurance down for young people."
The ABI has published a document, entitled Young Drivers: Road Safety and the Cost of Motoring, which highlights ten ways for young people to improve their safety on roads.
The ABI says improved road safety amongst young people could help the insurance industry drive down car insurance costs for teenage drivers, who are seen as one of the highest risk groups by insurers.
While the total number of driving-related deaths fell by eight per cent last year, deaths of 16-19-year-old passengers and drivers rose.
Stephen Haddrill, director general of the ABI, commented: "Reducing accidents involving young drivers should be the number one road safety priority for Britain.
"Research carried out by the insurance industry shows that teenage drivers are ten times more likely to be killed or seriously injured while driving than motorists in their 40s."
He added: "Effective action now will save life and enable us to get the costs of driving and insurance down for young people."
The ABI has published a document, entitled Young Drivers: Road Safety and the Cost of Motoring, which highlights ten ways for young people to improve their safety on roads.
Thursday, 14 July 2005 12:45
Comments (1)
The comments listed below are opinions held by the individuals posting and are not endorsed by, or representative of opinions held by which4u.co.uk. We cannot be held responsible or liable for the accuracy or content of any comments submitted. We reserve the right to publish, remove or edit comments as we see fit.
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craig 2011-08-17 11:30:43this is so ridiculous. oung people need to get abut, and when those new drivers (espec who live in supposedly 'high crime' areas) get quoted £9000 for a £300 fiesta, it's ridiculous.
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