Largest proportion of insurance claims 'from 3 to 6-year-old cars'
Personal insurance
1st March 2010
The highest proportion of insurance claims from motorists is in relation to vehicles aged between three and six-years-old, a new survey shows.
Research by Virgin Money found that 40 per cent of claims come from this category of cars, which account for 24 per cent of all models on UK roads.
Additionally, the highest number of problems affected five-year-old cars followed by four-year-old vehicles, something that may interest individuals seeking a UK insurance policy.
The company's spokesman Grant Bather explained: "Drivers tend to change their car every three to five years and on this evidence they have some justification."
He advised drivers considering replacing their motor to ensure that the purchased vehicle meets all of the UK's road standards.
Data from the Society of Motor Manufacturers and Traders suggests that 31.167 million cars in Britain are between three and six-years-old.
In related news, insurance premiums could be affected if proposals from road safety charity Brake to raise the minimum age at which a driving test can be taken to 18 or older are adopted.
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