The study carried out by iKube (http://www.ikubeinsurance.com) also indicated that Llandrindod Wells came ahead of Hereford and Chester as the cheapest place to buy young drivers insurance (http://www.ikubeinsurance.com/
Commenting on these findings a spokesperson for iKube commented:
"These figures are astonishing - of the entirety of Wales we didn't expect Llandrindod Wells to come out above the likes of Cardiff - typically a good postcode for car insurance prices."
In spite of this figures for surrounding areas of Swansea, Newport and Cardiff all did reasonably well for young drivers insurance premiums - ranging from £1,400 - £1,545, figures that are lower than the recorded UK average for car insurance for young drivers - which stood at £3,688 back in May, as reported by The Telegraph.**
Nigel Lombard, Managing Director of Motaquote, the parent company of iKube, commented:
“We are thrilled that iKube continues to offer competitive, affordable car insurance for young drivers. This research clearly indicates that our continued work to drive down the cost of premiums is having a positive effect and makes it even easier for young drivers to get on the road.“
iKube has been offering it’s black box insurance (http://www.ikubeinsurance.com/
* This excludes admin fees, telematics box costs and breakdown cover.
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iKube offers young drivers car insurance and learner driver car insurance at a discounted, competitive rate.