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UK young drivers pay high insurance costs due to accident rates, but telematics may reduce fees over time.
Young UK drivers aged 17 to 24 pay an average of £1,098 annually for car insurance, far more than older drivers, due to higher accident rates despite representing only 7% of licensed drivers.
In London, premiums can exceed £3,000.
Financial expert Martin Lewis advised young drivers to consider telematics devices that monitor driving behavior, offering potential discounts for safe driving habits, a strategy that may lower costs over time.
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Los conductores jóvenes del Reino Unido pagan altos costos de seguro debido a las tasas de accidentes, pero la telemática puede reducir las tarifas con el tiempo.