£1200 Car Insurance Cap for Younger Drivers? Cheaper Car Insurance or a Scam?

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Recently in 2017 a petition was passed around online to get the MPs of the UK to discuss a possible cap of £1200 on Car Insurance prices for drivers between the age of 18-25 around the UK. This would mean the removal of some of the horrendous prices that have been terrorising young drivers for years now. With some drivers ending up with quotes of sometimes over £5000 for lowly powered Vauxhall Corsas and Ford Fiestas you can see why. However would it actually be as good as it sounds for new drivers?
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