£17,000 to insure teenager's £2,000 Corsa

By Lauren Thompson27 July 2010 A learner driver has been quoted a staggering £17,000 to insure his £2,000 Vauxhall Corsa. Student James Hayes, who turns 17 next week, saved for months to buy his modest one-litre car but has been astonished at the sky-high quotes for insurance. He will have to work flat out over the summer to pay the premiums. His case highlights how insurers are increasingly using prohibitive premiums as a weapon against young male drivers. The failure of insurers to offer reasonably priced insurance is being blamed for an explosion in uninsured drivers, which drives up

Auto Insurance, car insurance, sports car insurance, yacht insurance, helicopter insurance