EU Insurance Gender Directive - Unlucky ladies!

But a little good news for the boyos

http://www.confused.com/car-insurance/a ... nt=October

Last year, the European Court of Justice (ECJ) ruled that the long-established practice of setting insurance prices according to gender is illegal discrimination. The Court’s decision forced members of the European Union to introduce a ban on gender-based pricing, and this ban will come into force on 21 December 2012.

What does this mean?

Currently, women drivers typically pay less for car insurance than their male counterparts because they are statistically safer behind the wheel – that is, women drivers have fewer accidents. But, as of December, women’s car insurance prices will be brought into line with men’s. This means that women’s premiums are likely to be raised significantly.

However, while the EU ruling is bad news for women, it’s good news for men’s prices, particularly young male drivers who can expect their premiums to fall.

So up to 24% more for women and up to 9% less for men on car insurance

f*ck! my insurance due end of november...so wont get 9% off lol

^^ true!

Chris CW wrote: I reckon they will keep the male insurance premiums the same, and then just simply up the female prices
When have insurance companies ever done anything to help make our insurance cheaper? <!-- s:lol: --><img src="{SMILIES_PATH}/icon_lol.gif" alt="" title="Laughing" /><!-- s:lol: -->

If it does drop though, my renewal is Jan!

Spot on Christopher.

They still are making money.

Up to 25% increase for women - Up to 10% saving for men = 10% increase overall <!-- s:lol: --><img src="{SMILIES_PATH}/icon_lol.gif" alt="" title="Laughing" /><!-- s:lol: -->

i thought its 15% overall?lol

or even..as chris said - 25% increase for b*tches and no cnange for men = 25% increase overall <!-- s:lol: --><img src="{SMILIES_PATH}/icon_lol.gif" alt="" title="Laughing" /><!-- s:lol: -->

Lets all say lot's of things and stuff.