According to the latest research conducted by Admiral car insurance, young driver accidents are twice as likely to occur if 17 and 18 driving records are compared with 30 year olds. More worryingly, the figures increase six fold if comparisons with drivers aged over 50 are made.
These figures don’t necessarily come as a big surprise to insurance companies, however, what is a bigger concern is the level of injuries sustained by young drivers compared to their more experienced counterparts. For example, accidents involving this age group are five times more likely to involve personal injury. Admiral’s explanation on this fact is that young drivers are more likely to suffer high speed crashes through inexperience and reckless driving caused by peer pressure showing off to friends. Sadly, there are also a higher proportion of fatalities amongst this age group.
Additional statistics that do not bode well include the likelihood that young motorists are also four times more likely to be convicted for careless driving that the average driver.
The end result of this carnage is both financial meaning heavy increases in car insurance for young drivers premiums for all motorists to cover the cost and human suffering which you cannot put a price on. Admiral, like other UK car insurers are actively seeking ways to improve the driving records of young motorists by sponsoring programs like the Young Driver scheme, which aims to provide additional education, and driving experience.
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