Author Archives: Stephen

Increased car premiums for women drivers

Friday 21st December will see a new EU ruling which will outlaw gender discrimination by Insurance providers, and will end the traditional lower renewals that women drivers have previously benefited from.

Most insurers are refusing to reveal their new rates until this date, however some have gone early. A study by AonInsure and Irish Independent has revealed price hikes of up to €60 for females, with a similar drop for males. Further increases are expected in the new year, as firms come to grips with the new system, and prices start to balance out to reflect the new legislation.

Now that insurers are unable to use gender to determine risk, they will use other details such as no claims bonus, address, age, type of car and occupation to determine prices.

Regardless of your gender, driving history or personal circumstances, Paddy Compare can find specialist brokers that will provide competitive quotes for your car insurance. Alternatively, you can visit our insurance page to view some of the other products on offer.