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New insurance concept ‘could drive down cover prices’ for caravanners

Young caravanners could benefit from cheaper insurance - but only if they agree to time restrictions

Caravan owners who are frustrated by rising insurance premiums could see the benefits of a new concept being offered to young motorists, it has been claimed.

Drivers between the ages of 17 and 25 are to be given the chance to get cheaper cover if they agree not to take to the roads between 23:00 and 05:00.

The idea is to help cut down on claims and involves a device called i-kube, which imposes an automatic £45 charge each time the motor is used between these hours.

It is the brainchild of Motaquote and RSA Insurance Group and, if successful, could help bring premiums down for other drivers, according to Association of British Drivers spokesman Michael Humphries.

However, he raised questions over the viability of the scheme, suggesting that young motorists would likely stop using the tariff as soon as they found cheaper cover elsewhere.

Mr Humphries suggested that if the idea failed, it could simply end up pushing up prices for young drivers.