According to a survey carried about by AA Car Insurance, just over a quarter of Irish motorists say they are very likely to add another driver to their policy in an attempt to reduce their motor insurance costs.
The survey of over 3,000 Irish motorists revealed that 27.74% were very likely to add another driver to their policy in the future. An additional 9.67% motorists stated they were “somewhat likely” to add another name to their policy.
The survey also found that women were significantly more likely than men to consider adding another driver to their policy in the future. While just 22.81% of male respondents stated they were “very likely” to add another driver to their policy in the future, 31.61% of women surveyed admitted they were “very likely” to do so.
The survey also revealed that younger drivers were the most likely to consider adding another driver to their policy in the future. 52.70% of respondents aged between 17 and 24 and 35.38% of those aged between 25 and 35 described themselves as “very likely” to add another name to their policy.
Speaking about the findings, AA Director of Consumer Affairs, Conor Faughnan, explained that adding another driver to a policy is a step that many Irish motorists overlook. He continued, “While it is important that whoever you add to your policy has a driver record as clean or better than yours, adding a partner to your policy can result in a discount of up to 20% depending on your insurer. However, the person you’re adding to your policy does not necessarily have to be a partner. For younger drivers still living at home, adding one of their parents to their policy as a named driver can help to make getting on the road more affordable."
He further explained, “Adding a partner or someone who you live and are in a committed relationship with, irrespective of their gender or whether or not you’re actually married, to your policy will result in the greatest discount as those in committed relationships fall into a lower risk category than those who are not when it comes to calculating premiums."
Source: www.businessworld.ie
