Clare Egan, Head of Motor Product at Admiral, said: “With driving lessons back in full swing and the backlog for practical driving tests starting to decrease, more young drivers could be close to getting their full driving licence.
“For many 17-year-olds it can be expensive to get on the road, with several costs to consider. As well as paying out for a car, new drivers also have to think about the price of fuel, car insurance, vehicle tax and servicing - so it all adds up.
“Young drivers tend to pay more for their insurance because unfortunately they’re statistically a higher risk. They’re more likely to have an accident than older drivers and the accidents they have are more expensive.
“Car insurance for young drivers doesn’t come cheap but shopping around can help them find the best deal. The cost of car insurance is based on a number of things including the value of the vehicle itself and its group rating. The lower the group rating, the cheaper insurance will usually be.