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Gap insurance and loan/lease coverage may be the 2 most important car insurance coverages you’ve never heard of. Some drivers assume comprehensive and collision coverage offers full protection if their car is stolen or totaled.
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Under-25s typically spend half of their car’s value on insurance, and the cost of getting a younger driver on the road has by increased 18pc in the past year, to £2,232 on average for 17-year-old. The cheapest cars for young drivers to insure
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With collision and comprehensive (required on most auto loans) most likely 2000 to 3000 per year with high deductables Without collision, easily half that.