Research from broker AA Insurance shows premiums for newly qualified young male drivers have continued to rise, while they have been falling for women.
The AA has calculated the average quote for a 17-year-old man driving a three-year-old Ford Focus CL 1.4-litre five-door in Cambridge is £3,462, while the same quote for a 17-year-old woman is £1,810 – almost half the amount.
Once the same driver hits 21, the quote falls to £565 for a man and £333 for a woman.
However, the high cost of insurance is reflected in accident statistics, the AA said.
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