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flag UK young drivers pay high insurance costs due to accident rates, but telematics may reduce fees over time.

flag 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. flag In London, premiums can exceed £3,000. flag 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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