New insurance gender law

[Spiny Norman]

Has anyone done an insurance quote since the new EU ruling on gender equality on insurance came in?

The Merc is due for renewal in late January (along with the tax & MOT - fucksticks! ) so I did a quick quote from the same comparison site I used last year. Using exactly the same info on the same car it's come down from £440 to £360. Result!

 

Don't know if that's directly due to the law change but if it is, YA-BOO feminists!!!

[Guest]

Excellent stuff.

No disrespect to women here but can you imagine if this had been the other way around? Can you imagine the shit storm of acrimony and enmity? It wouldn'y have taken this fucking long, put it that way.

 

Still, men have all the rights, apparently......

[barefoot]

What a load of bollocks, not just Motor insurance but life assurance too,

Centuries of compiling actuarial statistics for them just to be binned by some political twat.

Short term good, watch the long term problems start appearing in the Daily Mail....

[carlo]

As I approach my 50th next year, I fully expect my life insurance premium to be the same as my daughter's come renewal, or I'll be suing the bastards for ageism under European law.

 

What a load of nonsense; bet the insurance companies can't believe their luck.

[DSdriver]

I must admit to being surprised that they are actually lowering the premiums for men. I had a suspicion that they were just going to increase premiums for the ladies and pocket the profit.

It shouldn't affect us though as Mrs DSdriver and I are named drivers on all our cars.

[brickwall]

So, what are the chances of my insurer contacting me and reducing my premiums?

[ashmicro]

Insurance companies are cunts. They knew this would be a massive money-making opportunity, and therefore didn't object. Get the bankers sorted, and then hit these bastards.

 

Statistically, women have fewer accidents. That's a fact. However, you can "prove" pretty much anything with statistics - for example, you might be scared of air travel on the grounds that there may be a bomb on the plane. Simples - take your own bomb on the plane. Statistically, the odds of there being two, independently placed bombs on one aircraft are millions to one.

 

Oh, and insurance companies are utter, utter bastards.

[bub2006]

I've just checked online with same insurance provider I'm with after reading this post. I'm currently paying 90 a month for reliant. To cancel is 22 quid. If I restart a new policy its 60 deposit and 56 a month. Damn I'm confused

[plasticvandan]

im 24 and only paid £170 fully comp unlimited miles on my reliant,dont know why yours is so high

[ashmicro]

My insurance is due for renewal on the Rover on 28/01/2013, the day after my 40th birthday. £93 fully comp! Admittedly, that's with my directline multivehicle discount, but less than a ton a year for car insurance in Northern Ireland is nothing short of amazing.

[bub2006]

Mines high cos no ncb and class one buesness cover and wife as aditional driver also live in a rough area

[HillmanImp]

Mines high cos no ncb and class one buesness cover and wife as aditional driver also live in a rough area

 

Just lie through your teeth like everyone else. You live with your parents in Hampshire and just happen to be visiting Bradford 'I dont live ere innit', its kept overnight in your single garage like the other 7 cars you own and you don't use it for business or commuting. If you are caught driving in a suit at 8.45 in the morning with several case files for that important murder case you are representing your client on today, just say you are looking after them for a friend and are on your way to a funeral etc etc.

[bub2006]

As people know insurance companys do their best to get out of payouts. I rather pay more and be honest.

[nigel bickle]

My trade policy, covering me & SWMBO was due for renenwal on 19th.

 

She paid it -without query (whilst I was hospitalized) but I'm a bit pissed to discover its gone up 20%. IStill not a huge amount but its the principle. 'll be questioning that -after the Break!

[Largactil]

I do worry about what's ahead...

 

Women's premiums go up -> A large number of women opt to fit insurance approved GPS boxes to 'score' their driving in return for cheaper cover -> GPS boxes become more commonplace -> Men start using them -> Insurance companies cotton on to this, and load premiums so it's insanely expensive for anyone to obtain cover without a GPS box fitted -> Premiums gradually drift back up to where we are now...with insurance companies creaming penalty fees for what they decide is 'bad driving'.

 

(The government might have to step in - If everyone's sticking religously to the speed limits, they'll lose £100+ million a year in revenue from speeding fines, and they wouldn't like that... )

[HMC]

Bet the use the ruling to boost up womens premiums rather than partially raise and lower both sexes respectively. Its slightly unfathomable to my mind. Will people who smoke be able to claim its discrimination with life insurance? Young drivers discriminated based on age? If a subset of people, regardless whether it be by age, gender of life choices etc, are at higher risk of something, why shouldnt they pay more? I'm assuming up to this point actuarial tables and other stats have been used to calculate such things? the worlds gone mad etc

[ashmicro]

Re: The black boxes

 

Tim Allen from Longwell gress, Glos was using a box from Autosaint while he was learning to drive. The box logged him at 68MPH in a 30 zone. While the car was parked. They quoted him 2 grand for TPO cover at renewal time, yet he got a quote from Elephant for 1300, sans box.

 

Admittedly it was some time ago now, but some of the MoD vehicles I drove had a traffic light system in them that supposedly monitored your driving - hard acceleration, speed, hard braking etc. They never worked right and eventually got binned, in NI at least.

[warren t claim]

Young drivers discriminated based on age?

 

The people who brought you gender equality have this in their sights next. They'll win this too because there's already age discrimination legislation in European law.

[CortinaDave]

Great, so we all have to pay a fortune to compensate for the wee 17 year old neds who drive like eejits?? I suppose the way round it is they'll load premiums based on years of driving rather than age of the driver.

 

I got an email from my insurer informing me that after the recent ruling "most mens premiums will remain the same, but women's will rise" Great!

 

This means my premium will also rise as my missus is a named driver on the policy.