Hikes in women’s car insurance

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  • #11245
    Jedt
    Keymaster

    what do ye think about the ruling in EU court that men were being discriminated against because women were getting cheaper car insurance.

    Should men really be allowed to get the same prices as women when statistically we are the lower risk category??

    And, if they were being discriminated against, shouldn’t their insurance be going DOWN, rather than ours going up??

    Very annoying.

    #110796
    Financial Companion
    Participant

    They haven’t finalised the outcome yet, I was at a seminar that included it yesterday, it’ll be the end of 2012 before we know the full impact. It’s even more impacting on life and specified illness cover. The point is, it’s a risk business and they assess all kinds of factors like sex, smoker status, age, medical history, occupation etc. so ruling on gender discrimination is ridiculous, it doesn’t make sense in an industry that bases premiums against risk!

    If it does get inforced, they will equalise premiums, so the premium for men and women will be balanced at some point in between. For women, this will mean an increase in life premiums but a reduction in specified illness premiums and the reverse for men.

    #110800
    Almae
    Member

    i just got my renewal for this year was €480 after a phone call down to €354 , full comp, hubby included ,home breakdown , window screen cover etc… happy days.

    #110807
    scole1
    Member

    almae who is that with….

    my insurance has gone up extra 93e… and it seems to be the cheapest quote have been onto a few and they are 500 odd

    #110808
    scole1
    Member

    almae who is that with….

    my insurance has gone up extra 93e… and it seems to be the cheapest quote have been onto a few and they are 500 odd

    #110812
    Almae
    Member

    insure.ie

    #110829
    scole1
    Member

    thanks a mill must check that out

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