A significant proportion of novice motorists are having to pay twice as much for young drivers insurance in 2011 than they were in 2010, according to a leading price comparison website.
Analysts from Confused.com were astonished at the high cost of insuring a newly qualified driver. They pointed out that the owners of small hatchbacks could expect to pay over £2,000 for a comprehensive policy this year.
Drivers who are yet to acquire their full license usually have to pay around £25 for each hour long lesson. Upon successful completion of the driving test they are often shocked at the difficulty of obtaining cheap car insurance for young drivers.
One of the most sought after vehicles for inexperienced drivers, the Fiat 500 Pop, cost an average of £1,786 to insure based upon five months of quotes for 2011. Drivers of the Peugeot 107, another of the top 10 favourite cars for new motorists, were typically expected to pay more than £2,200 for their insurance.
A spokesperson for Confused.com said, "The popularity of these cars may have been led by their use by many driving instructors and also by the relatively cheap insurance cost compared to other small cars."
The Association of British Insurers (ABI) have claimed that those people who choose to go without young drivers insurance are largely to blame for the rising cost of cover.