Safer cars mean higher insurance for young drivers

by | Jul 9, 2013 | Fuel Advice, Wrong Fuel in Car | 0 comments

It’s no secret that car insurance is much higher if you’re aged 17 to 24. That is, unfortunately, the way it has been for years. With new gender equality laws put into place at the start of the year to stop insurance companies from charging men higher premiums, we have to hope and wonder whether of not age equality when it comes to insurance is next on the EU’s list of insurance priorities.
However, a recent study by Alfa Romeo and insurance company Marmalade show that over half of all young drivers felt forced into buying an older, less safe car in order to be able to afford car insurance premiums.
The most painful thing about this is the fact that young drivers are constantly caught in a cycle of having to balance the safety of their car and the insurance premium. Older cars are cheaper to insure, but more dangers. Newer cars are more expensive to insure, but far safer.  And nowadays it is important to read the small print in any insurance policy you buy to check out exactly what you are getting for your money.  For example, many insurance policies do not cover you when you have mistakenly put petrol in a diesel tank or diesel in a petrol tank.
Some older cars do not have anywhere near the amount of safety features that newer cars have, which may contribute to the amount of accidents young people find themselves in in older cars.
Young people have even gone as far to say they would be happy to have the driving monitored if it meant they could obtain cheaper insurance on a newer car. 78% said that they would be happy to participate in a scheme like this, while a further 16% said that it’s not an ideal situation, but they would still be happy to do so if it meant they got a much more reliable, safer car, but without the massive insurance premium.
This scheme is indeed available through many car insurance providers now as a way to lower car insurance while monitoring what the driver is doing. But is this a breach of personal privacy for those drivers, just to be able to afford their own insurance on a safer car? Hopefully insurance companies will address the awful discrimination against young people shortly.
Regardless of if you have a new car or an old car, putting the wrong fuel in the tank could cause your engine irreparable damage. You’re not alone, more than 150,000 people do this every year in the UK. So if you have put the wrong fuel in your car in Birmingham, Surrey or Sussex call our wrong fuel recovery services and if you need help with wrong fuel in your car in Liverpool or Manchester call our partners at Fuel-Away.  We’ll be able to come along, drain your tank, and have you on your way within the hour.