From December 21st 2012 the use of gender as a risk factor when calculating motor insurance premiums will be illegal. This is as a result of a ruling by the European Court of Justice and despite statistical evidence that claims paid out to male drivers, particularly young males, are significantly more than those paid out to females. As a result premiums are likely to rise significantly for young female drivers and decrease for young male drivers.
Do you believe this ruling to be fair/unfair? Will you be more likely to shop around to get the best deal on your car insurance as a result?
TAKE OUR MINI POLL NOW! We’d like to hear from you. Click the above link to our mini, 2 minute poll and let us know your thoughts.