Disadvantages of purchasing Car Insurance for Under 25's

The chief disadvantage of car insurance for young drivers is its expensive premium. Statistics show that due to inexperience, young drivers are more likely to be involved in accidents and traffic violations than mature drivers.

The insurers perceive that the young driver car insurance market is a high risk demographic. So, they charge high premiums for this type of insurance policy. This is unfair because there are many young drivers who are responsible and safe. Insurers also charge an even higher rate to young male drivers because they drive more miles and they are considered to be more reckless than young women.

Other reasons why insurers charge higher premiums are the following: the car to be insured is a sports car or any high end car; the driver to be insured has a poor driving record; and, driving in or near large metropolitan areas.