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A common trick could get your car insurance down by £295.Motorists aged between 25 and 34 save that figure on average by adding an experienced driver to their policy, Compare the Market has found. Even younger drivers aged 18 to 24 - who often face the highest premiums - could also make big savings, an average of £281.The typical premium for those aged between 18 and 24 is £2,140 - but adding a named driver brings that down by 15% to £1,859.
In order for your policy to be valid though, all named drivers must use the car. The cost of car insurance usually declines by adding an experienced driver to the policy, as insurers typically take both motorists' information into consideration when determining the premium, based on the car being shared.If you add an additional driver and they do not use the vehicle, this can be considered as a type of insurance fraud called fronting.
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Money blog: Welcome to our Q&A on energy bills as the price cap fallsWelcome to the Money blog, your place for personal finance and consumer news and tips. As the energy price cap falls today, submit a question for Which? or Cornwall Insight as our live Q&A gets under way.
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