Surely this can’t be right?

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As a parent of a ‘driving age’ teenager the cost of car insurance is a big issue to me. I accept that the younger driver can tend to be a much bigger threat to insurance premiums and that we all have to pay for that (although we are also paying for the uninsured – that is another story).

20121201-114358.jpgThe insurance industry has a huge database of information on us all and the claims that are made by us. So it can accurately work out who are the biggest risks on the road, and where the worst place to live is from an insurance standpoint. This data has for years confirmed that young men are a much greater risk than young ladies in cars – and the insurance premiums have reflected this – until now.

A European court ruling last year found that gender discrimination in insurance was against the law.

The upshot of this is that insurance rates will be equal for men and women, so for some women insurance brokers are reporting rises of 40% or more in some quotes. This is for cover for motorists starting this December, compared with quotes for policies starting in November. Equally the cost for males has gone down – so potentially our roads may well be a more dangerous place in the future.

I am not anti Europe in any way – but surely this just can’t be ‘right’ even if it is ‘correct’ in law?


2 thoughts on “Surely this can’t be right?

    Martin Davies said:
    December 4, 2012 at 1:57 pm

    Can’t see how it is correct in law. Girls are not being favoured because they are girls, but beacause, statistically, they are a better bet than boys. With a teenage daughter just learning to drive I am hacked off too!

      Simon Dare responded:
      December 4, 2012 at 2:10 pm

      That is the joy that is EU law I assume – we are all equal – except when we aren’t. Quite straightforward in reality?

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