Labor MP Speaks Up For Young Motorists Suffering From Exorbitant Premiums

Labor MP Speaks Up For Young Motorists Suffering From Exorbitant Premiums

Another MP has decided to speak up regarding the staggering rates of car insurance costs. This time, however, MP John Woodcock is speaking up in behalf of young motorists that are the majority of motorists that receive exorbitant premiums. John Woodcock will propose this today in front of the Association of British Insurers Auto Insurance Conference. snjauto

According to the MP for the Labor Party, young motorists are already fighting tooth and nail just to stay in school or to keep their jobs. These staggering car insurance costs are not making it any easier for them to do this, alongside rising train fares and bus cuts. According to the first level of review made by the Labor Party, they have found out that the average auto insurance premium for young drivers is nearly £ 2,500. Why Insurance Companies Raise Premiums

The Labor’s proposal will be included in the new deal amongst car insurance providers to stop the surmounting costs of auto insurance that young drivers are currently suffering from. This is in lieu of past surveys that have stated and proved the high risk among young drivers being involved in fatal fender benders. MP Report On Rising Car Insurance Costs, One major highlight that has been used by insurers in the past is the fact that young drivers tend to drive at night frequently and it is because of this fact that they are more prone to be involved in accidents. In contrast to this, the Labor’s appeal has come up with a proposal that will address this problem without offering young people exorbitant prices in auto insurance. This proposal is known to contain heightened driving knowledge and safety awareness among young motorists.

According to MP John Woodcock, “There are over a million young people who are without a job. We honestly need to break down the barriers that are hindering them from finding employment. In relation to this, the exorbitant costs of car insurance are making it almost impossible for these young people to go out and find a job or to stay in school and pursue their education.” Tips To Save On Young Drivers Insurance

“Car insurance companies should not overprice young motorists. Instead, they should be helping young people make a choice between cheaper products that have more specified times or intervals as to when to use their cars.”

“I just hope that our offer to cooperate with car insurance providers will be matched by the Ministers of the Government who have appeared to be mildly complacent with the recent transport crisis,” said MP John Woodcock.