Written Question·Department for Transport·UIN 55874
Motor Insurance: Young People
Tabled: 30 May 2025
Answered: 9 June 2025
Question
Andrew Cooper
Labour — Mid Cheshire
To ask the Secretary of State for Transport, what steps she is taking to help reduce the cost of car insurance for drivers aged between 17 and 25.
Answer
Lilian GreenwoodThe setting of premiums is a commercial decision for insurers based on their underwriting experience. Age and experience are factors that insurers use to price policies and there is evidence to suggest that younger drivers and those with less experience c...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 55874) →