Why younger drivers are choosing higher car insurance excesses

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GUEST - Ernest North, co-founder of Naked Insurance
Data from fully digital platform, Naked Insurance, shows that customers aged below 28 are likely to choose a higher excess on their car insurance policies than those aged 29 to 55. The reason for this seems to be that younger insurance customers opt for a larger excess to reduce their monthly premiums.

7 Aug 2024 12PM English South Africa Business News · Investing

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