Cap the amount young drivers pay in car insurance to an affordable rate
Young drivers who have passed there test within the first 2 years are struggling to pay for insurance. Insurance premiums are ridiculously high and unaffordable for the average 17-21 year old in the UK. Insurance companies are profiting way too much from young drivers.
Signatures
6
signatures
Government response threshold (10,000) · 6/10,000
Debate threshold (100,000) · 6/100,000
- 23 JAN 2025Petition rejectedduplicate
You may wish to sign this petition which calls for a similar action: https://petition.parliament.uk/petitions/703058
- 04 DEC 2024Petition created
Background
Young drivers often face prohibitively high insurance costs, with quotes exceeding £5,000 annually for even a modest 1.0-litre vehicle. Paying monthly further inflates this cost. Coupled with the rising cost of living, these premiums place a significant financial burden on young people, many of whom are in full-time education and earning only the national living wage. This creates a nearly impossible situation for young drivers to afford insurance. Urgent action is needed to address this.