Well ladies, it has been confirmed that the fairer sex, and indeed the better drivers if years of statistics are to be believed, will no longer be able to take advantage of “gender biased” womens car insurance as of December 2012. This applies to companies offering women new policies and the renewal of existing policies. As such, whether you have womens car insurance now or not, you will not be eligible for it as of 2013. So what does this mean for you?
Well, first of all it means that women up and down the UK can expect to pay more for their car insurance because they will not bring men’s policies down to meet the pricing. The car insurance companies, that is. However, much depends on your driving record as to how much your premiums will go up by. Although there will be no blanket discounting for women car insurance policies in the future, car insurance companies will be forced to assess drivers as individuals. This basically means that you will have your driving record and claims record scrutinised, penalty points, accidents, thefts and all, so that you get a fair quote that is not based on your gender. Although this will work to bring careful drivers’ premiums down, it may not do you any good.
So what can you do if your womens car insurance premiums suffer a massive rise later on? Well, the first is obviously compare policies and decide who you can trust. Womens car insurance companies will have to start selling policies to men or else face going out of business. However, if there is a specific company you trust then get a quote. If you have been with the same company for years then you should know that loyalty does not pay but that is not to say that you cannot see if a specific company offers the best value for money or indeed the most affordable policies. It is definitely worth doing your homework because having peace of mind that your insurer actually cars and is trustworthy is worth far more than you may realise.
In truth, with the comparison engine available here at Powerseeker, comparing car insurance has never been easier. You can get a range of quotes from trustworthy providers in next to no time… so take your time. You do not have to decide who to go with right away but be sure to check the market before you decide.
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- Bad news for Women Drivers
- Gender discrimination for pension annuities and motor insurance premiums
- The basics of auto insurance for women
- Things To Know About Auto Insurance
- Buying insurance from agents
