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Cost of car insurance for young adults

Submitted on Thursday 4th August 2011

Published on Monday 8th August 2011

Current status: Closed

Closed: Wednesday 8th August 2012

Signatures: 45

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Cost of car insurance for young adults

Additional Information

The cost of car insurance for young adults is prohibitively high meaning, I suspect, that many young adults are either uninsured or insured as a named driver rather than the main driver.

I would like Government to put a cap on insurance premiums for young drivers, funded by a pool of money that all insurers would be required to subscribe to. I understand a similar system operates very well in Australia.

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