Friday, 19 December 2014

The 2011 EU Gender Directive ended the legality of women-only motor insurance





Until 2011, female UK drivers benefitted from the discounts offered to lady motorists on their vehicle insurance policy. Statistically women are far less likely than men to make a claim, mainly because they are involved in fewer accidents and those which they are party to tend to result in only minor damage rather than a write off. As a result, many insurers provided advantageous motor insurance deals specifically aimed at women behind the wheel. The 2011 EU Gender Directive ended the legality of women-only motor insurance, so currently an advantageous policy quote cannot be based on gender.

Fortunately, there are plenty of other criteria insurers take into account when calculating a motor premium figure, so if you’re a money-savvy female who wants more cover for less cost, why not consider some of the suggestions below for ways to ensure you obtain a competitive deal? Insurers rank all makes and models of car into one of fifty different groups for the purposes of insurance. Usually the higher the group, the more expensive the policy is going to be. If you prefer vehicles which are economical and small rather than gas-guzzling, turbo-charged leviathans, then you’re almost certain to end up with a lower quote.