Insurance deal puts curfew on young drivers
AN initiative allowing young motorists to pay less for insurance if they avoid driving after 11pm was launched today.
The scheme, from insurer More Than, is designed to reduce the casualty rates among 18 to 25-year-olds between 11pm and 6am.
Up to 40 per cent of all accidents between those times involving young drivers result in death or serious injury, compared with 20 per cent at all other times. Young motorists are involved in 28 per cent of all accidents in which a driver is killed or injured, despite representing just 10 per cent of drivers.
More Than research showed that 912,000 young people had been in, or knew someone who had been in, an accident at night in the past three years.
The new insurance scheme uses an in-car gadget to track when the vehicle is being driven. Young motorists pay reduced premiums - 40 per cent less than More Than’s standard prices - but an additional fee of Pounds 25 is applied if the car is driven between 11am and 6pm.
Road safety charity Brake welcomed the scheme, saying it was an excellent first step towards reducing risk for young drivers.