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Welsh Town Comes Out on Top for Young Drivers Insurance

A Welsh town has come out as the cheapest for young drivers insurance, according to a study carried out by iKube insurance.

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Sep. 23, 2011 - Recent research by young driver insurance firm, iKube, has revealed that Llandrindod Wells in Powys is actually the cheapest place in Wales to buy young drivers insurance with an average premium of just £1,250.71 - almost £300 less than the Welsh capital!*

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/Young-Drivers-Insurance/).

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/Black-Box-Insurance/) to young drivers since 2006 and have recently launched a new website that gives advice and guidance to young drivers as well as continues to offer affordable car insurance through its telematics black box insurance.

* This excludes admin fees, telematics box costs and breakdown cover.

** http://www.telegraph.co.uk/finance/personalfinance/insurance/motorinsurance/8526472/Car-insurance-premiums-for-young-drivers-soar-to-3688.html

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iKube offers young drivers car insurance and learner driver car insurance at a discounted, competitive rate.

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Contact Email:
***@motaquote.co.uk Email Verified
Source:iKube
Zip:CF40 1NY
City/Town:Williamstown - Wales - United Kingdom
Industry:Automotive, Finance, Insurance
Tags:motor insurance, car insurance, young drivers insurance, iKube, iKube insurance, car insurance for young drivers
Shortcut:prlog.org/11671541
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