Such figures exemplify the kind of evidence persuading insurance companies to charge young drivers some of the highest premiums around. Here are some tips for drivers new to the road on how to cut costs.

Firstly, young drivers should perhaps aim to earn a no claims discount on their car insurance policies. Some companies like Co Operative actually offer up to a 70% no claims discount when you buy; a reduction in the premium when it is time for the insurance policy to be renewed. To earn the discount, you should always follow the Highway Code, stay free of any speeding tickets and avoid clamping fines. Showing that you are a consistently cautious driver, who obeys rules, will foreground your reliability, convincing your insurance company that your involvement in an accident is unlikely.

Secondly, it is a wise move to keep up with any studying! Insurers and brokers, including such companies as AA car insurance, offer discounts of up to 35% off the first year’s premium for young drivers who take the standard Pass Plus Test. This is an exam that you take after the initial driving test to improve your skills in advanced observation and hazard awareness. It involves six practical modules that provide you with extra experience in driving in towns, rural lanes, on dual carriageways and in difficult weather conditions.