- Car insurance price hikes of 50% are hitting young drivers in the pocket
- Average premium has risen by £594 in a year for motorists aged 17-24
Young drivers face eye-watering increases to the cost of car insurance, with an annual average hike of £594 threatening to price some drivers off the road.
The typical motorist under 24 paid £1,792 a year for car cover in August 2023, up 50 per cent from £1,198 in the same month last year, according to comparison website Compare…
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