Graduate licence scheme

November 9th, 2010

Ministers are considering plans to introduce a ‘graduate licence’ scheme under which learner drivers will need to drive under supervision for at least 12 months, and they could be restricted from driving at night. swiftcover.com has said that if this scheme was introduced we could see insurance premiums for younger drivers reduce by at least 10%.

Younger drivers tend to pay higher premiums for their car insurance as they are the riskiest drivers on the road. The Daily Mail recently reported that 1000 people a year are killed in crashes involving drivers aged 17 – 25

Craig Staniland, underwriting director for swiftcover.com “Introducing a scheme that would limit the time young and newly qualified drivers spend on the road, particular during potentially dangerous periods such as at night, would enable teenaged drivers to get valuable road experience under safer conditions and help instil a great sense of responsibility and safety. If this also cuts the number of road accidents involving young people, not only would it save lives it would also bring down the cost of insurance premiums for younger drivers.”

Entry Filed under: speeding, insurance