Young male drivers see 47% hike to £2,457 for car insurance
The AA has recorded the biggest rise in car insurance premiums since it started benchmarking 16 years ago, with premiums for 17 to 22-year-old males up 47% in a year to £2,457, the BBC reports.
"If you have an accident which leaves someone disabled, the claim can be up to £15m," said Simon Douglas, director of insurance at the AA. "Young men are twice as likely to be involved in these incidents than young women.
"Some of that is being driven by no-win, no-fee lawyers. Their numbers have doubled in the last two years."
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