£33,000 to insure a Vauxhall Corsa



17-year-olds expect to pay a lot of money for their car insurance, but Jake Redshaw of Salford was a little taken aback when a comparison website returned with a quote for almost £33,000 from the AA.

That turned out to be an error, but even so, the newly-qualified driver says that he's going to have to wait a little while before he can afford to insure his five-year-old Vauxhall Corsa - the cheapest quote he found was £5,700.
Jake said: "The average was probably about £12,000, £13,000 and the cheapest was £5,700. And I got £33,000 from AA. I was amazed because I was expecting to pay £3,000, £4,000, but not that high."

The Association of British Insurers says that the reason quotes are so high for young drivers is that while only 12 percent of drivers are aged between 17 and 24 that age group is responsible for nearly a third of all accidents on the road.

An AA spokesman apologised to Jake for the massive quote: "The quote he received is clearly ridiculous and this should not have happened. For that I apologise. Sometimes insurance companies would prefer not to have that business and rather than not quote they quote figures they do not expect to be taken up."

Recent reports have suggested that insurers are ready to introduce 'black box' insurance, where younger, riskier drivers are charged per mile and encouraged not to drive at all during the night when they are most likely to cause an accident.
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