Many students are also younger drivers and unfortunately, insurance companies see those aged under 25 as a higher risk, which means their cost of insurance will be higher.
The location of the biggest Universities in the UK has an influence on the cost of insurance for its students. As crime and insurance claim rates are often higher in the cities and areas students live, the cost of insurance may be higher than more rural areas.
The below table shows the average comprehensive policy price for each of the cities containing the ten largest Universities. It's worth noting that the prices shown below are an average across all age ranges and not just students.
||Average Comprehensive Policy Price For City**
|University of Manchester
|University of Nottingham
|Sheffield Hallam University
|Manchester Metropolitan University
|University of Birmingham
|University of Leeds
|University of Central Lancashire
|University of Plymouth
|University of Northumbria
**Figures for University population published by Higher Education Statistics Agency 2012-2013 (excluding The Open University)
**Towers Watson/Confused.com price insurance index Q1 2014