I had a double take when I saw this headline in the Telegraph. I had another when I saw some of the premiums being quoted (some were over £4,000). I even checked them for myself - £2,300 was the best I could do for a 17-year old with an ancient Ford Fiesta. Lower but still very high. I certainly can’t remember this being an issue when my generation were driving for the first time.
So, what’s going on? When government ministers are losing their heads(1), I tend to look to actuaries and their world of real, actual numbers for some sanity. My guess is that something is going on and for some reason young drivers are having more accidents although in the murky world of government regulation and the threat of government regulation it is just possible that nods and winks are having an effect.
Does anyone know for sure?