Younger drivers forced into telematics by vast difference in premiums

Premium prices for the youngest drivers in the UK continue to be priced aggressively and are forcing younger people into telematics policies. Over half of UK consumers between 18 and 25 years old who have a motor insurance policy have some form of telematics policy. Market research firm Consumer Intelligence found that the youngest group (17–19-year-olds) pay 83% more for traditional cover than telematics (£2,712 [$3,589] on average), according to the Insurance Times. GlobalData’s 2024 UK Insurance Consum ...