Car Insurance Is Set To Rise For Female Drivers

Insurance is set to rise for Female drivers due to a European Court of Justice Ruling today.

The European Court of Justice said in a statement, “Taking the gender of the insured individual into account as a risk factor in insurance contracts constitutes discrimination,”

“The rule of unisex premiums and benefits will apply with effect from December 21, 2012,” the court added.

This effectively means that Female drivers will no longer enjoy cheaper insurance because of their sex. Men, in some cases pay 100% more for insurance compared to their female counterparts.

This ruling applies to motor and life insurance as women were entitled lower premiums because they tend to live longer than men.

This ruling will affect all EU member states and could result in a 25% increase in motor insurance for women.


RELATED POSTS

One-off Lamborghini 5-95 Zagato debuts at Concorso d'Eleganza Villa d'Este
Report: Porsche four-cylinder boxer engines to produce 210-360bhp
Qoros 9 Sedan Concept envisions a flagship saloon for the year 2020
Becoming a taxi driver
This is the coolest way to take delivery of a rare Ferrari LaFerrari
Audi R10 supercar reportedly approved for production with up to 1000bhp
Watch Evo founder Harry Metcalfe talk about his Ferrari Testarossa
Audi TT Clubsport Turbo concept revealed with a 592bhp e-turbo engine
Audi R8 e-tron piloted driving concept debuts at CES Asia
All-new 2017 Ford GT '66 Heritage Edition
Jeep celebrates 75th anniversary with world's first pop-up dealership, accessible only by 4X4
BMW Group announces next step in electrification strategy
Tags: ,
linode.com