Younger drivers forced into telematics by vast difference in premiums

GlobalDataFinancialServices

Fri, November 28, 2025 astatine 11:45 AM CST 2 min read

Premium prices for the youngest drivers successful the UK proceed to beryllium priced aggressively and are forcing younger radical into telematics policies. Over fractional of UK consumers betwixt 18 and 25 years aged who person a centrifugal security argumentation person immoderate signifier of telematics policy. Market probe steadfast Consumer Intelligence recovered that the youngest radical (17–19-year-olds) wage 83% much for accepted screen than telematics (£2,712 [$3,589] connected average), according to the Insurance Times.

GlobalData’s 2024 UK Insurance Consumer Survey information backs up this immense quality successful premiums arsenic it shows that the youngest property radical are much apt to person a telematics argumentation than a accepted one. It recovered that 68.0% of 18–25-year-olds had immoderate signifier of telematics policy-40.2% via a achromatic container and 27.9% via an app. That compares to 48.3% of respondents who were 26 oregon above, which highlights however younger consumers are being pushed into these types of policies.

However, it is worthy noting that erstwhile consumers instrumentality retired a telematics argumentation successful the UK, they are overwhelmingly satisfied with it arsenic good arsenic the fiscal savings it tin offer. GlobalData’s 2024 Global Emerging Trends Survey recovered that 62.5% of each UK consumers who had a telematics argumentation were satisfied oregon precise satisfied with the fiscal savings they had made arsenic a effect of having this benignant of policy.

Therefore, these policies are becoming much of a necessity for consumers who look rising costs crossed each areas of their lives, and accepted centrifugal security policies are a peculiarly ample one. Significant savings tin beryllium made if consumers are consenting to stock this information with insurers and fto their driving beryllium judged. Traditional policies being astir doubly arsenic costly arsenic telematics policies for younger demographics volition lone summation this trend, and insurers should look to connection easy-to-use policies that customers tin entree via a mobile app, which is becoming much popular.

"Younger drivers forced into telematics by immense quality successful premiums" was primitively created and published by Life Insurance International, a GlobalData owned brand.