You just can’t escape motor insurance. It might be a legal requirement and an expense you could live without, but in the event of an accident claim being made against you, you’ll be happy you have it. However, younger drivers have difficulty finding car insurance, never mind finding the cash to pay for it. If that sounds familiar, don’t be tempted to break the law to save a bit of cash. If there is ever an accident claim, you might very well regret it.

Under half of the major car insurance providers in the UK offer insurance for teenage drivers. A policy with one of those that will is likely to cost as much as £4,000 which is usually more than the car’s value. Male teenage drivers have the priciest premiums because female teenagers are statistically more careful and those that do make an accident claim tend to have lower value claims.

Statistics support the insurance companies’ assumptions that teenage drivers are likely to have an accident claim made against them. Drivers in this age group are ten times more likely to injure or kill someone on the roads than their more experienced counterparts. Nonetheless, some parents are acting illegally in their attempts to bring down insurance costs.

According to the Motor Insurer’s Bureau, one in every five teenage drivers has no insurance cover at all. For many others ‘fronting’ is a temptation. This is when parents claim to be the main driver of a car and name their child as another driver when in fact the child is the main driver. Some see it as a harmless money saver. It is illegal.

If an accident claim is made and the insurance company suspects that the teenager was the main driver, there can be serious consequences. There may be prosecution and they might find they have problems getting insured again in the future. Also, insurers have the right to refuse to pay the accident claim settlement.

Attitude surveys seem to show that many people use ‘fronting’ and that people believe it is harmless. However it certainly isn’t worth risking prosecution, or the cost of a whole accident claim settlement if the insurance company refuses to, no matter how much money you could save.

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