Young men aged under 20 pay more for car insurance than any other group of drivers because they are perceived as those having the greatest risk of an accident.
These motorists can pay up to four times more than average to insure a car, according to a study by comparison site confused.com
A look at prices for comprehensive car insurance shows a young male driver can pay an average £4,000 a year.
In fact, for many young drivers, car insurance often costs more than buying and running the vehicle.
That’s why young drivers are advised to check out the likely insurance cost before signing up to buy a car – because some cost a lot more to insure than others.
Gareth Kloet, of confused.com said: “Young drivers and learners are telling us that the cost of insurance is the biggest barrier to getting behind the wheel: more so than the cost of buying the car.
“Buying your first car should be exciting, not a worry about whether you can afford the insurance costs. Here at confused.com we want to offer young drivers the chance to find the perfect car with the cheapest insurance.”
“Once the car has been found drivers should shop around for cover as premiums can vary greatly between providers; a comparison site is a great way to do this.”
So what are the cheapest and most expensive small used cars to insure?
Top of the list comes the Ford Ka2 (£1,651 a year), followed by the Ford KA (£1,780). Next is the Peugeot 107 (£1,994) followed by the Daewoo Matiz (£2,258) and the Mini One (£2,268).
The most expensive is a Honda Civic (£4,512), a VW Golf (£3,928) and a Vauxhall Astra (£3,722).
They are closely followed by a Ford Focus (£3,677) and a Renault Megane (£3,327)
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