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Motor premiums “to rise by £1000”

Female drivers face a leap in premiums of £1000 following a European ruling, the AA has warned.

European courts are expected to rule next month that calculating car insurance based on gender is illegal.

Director of AA Insurance Simon Douglas told the Sunday Telegraph: “This will be particularly bad news for young women who are proven to present a much lower risk to insurers and at present, pay premiums that are up to 50 per cent cheaper than their male peers. I expect premiums to increase substantially for them, while they will probably fall a little for young men.”

Source: Insurance Times

 
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