British pounds According to Compare the Market, young drivers with automatic-only licenses pay an average of £760 more for auto coverage each year than those who can also drive a manual car. (Photo: Joe Gough/Adobe Stock)

Seventeen-year-old newly licensed drivers in the U.K. have endured significant insurance rate increases since 2023, and now pay an average of £3,075 per year. According to data from Compare the Market, this is a £1,071 increase over the average cost of £2,004 in 2023.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.