Average car insurance cost for newly-passed 17-year-old driver ‘tops £3,000’

The average cost of motor insurance for a 17-year-old newly-qualified driver has increased by more than £1,000 since last year, a website said.

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A 17-year-old who has just passed their driving test faces paying £3,075 on average for their insurance, data from a website indicates.

This is a £1,071 increase on the typical cost of car insurance for a 17-year-old last year, which was £2,004, Compare the Market said.

The website compared quotes for March 2024 with March 2023, based on its customers’ searches and the quotes generated.

Average quotes are lower for new drivers who are slightly older, the research found.