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According to data by Compare the Market, the cost of motor insurance for young drivers has risen to £1,234 a year. Detective Superintendent Peter Ratcliffe of the City of London Police’s economic crim.

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The new tax year begins on the 6th April. That means you will have a new ISA allowance which you can use to open a brand new Lifetime ISA (LISA).

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When it comes to teen drivers and car insurance, things get confusing – and expensive – very quickly. A parent adding a male teen to their policy can expect their new rate to run as high as $6,186, and in some cases 227% higher than insuring an adult driver alone, and a teen buying their own policy can be even more expensive.

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When it comes to teen drivers and car insurance, things get confusing – and expensive – very quickly. A parent adding a male teen to their policy can expect their new rate to run as high as $6,186, and in some cases 227% higher than insuring an adult driver alone, and a teen buying their own policy can be even more expensive.

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The cost of car insurance for under-25s is eye-wateringly high. The average cost for a 17-22-year-old is already over £1,400/yr. However, you can cut costs. This is a step-by-step guide to young drivers’ car insurance, helping you compare more than 100 providers in minutes, with specialised tricks.




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