Car insurance

FitterMan

Hello ladies and gentlemen

I was 19 when I started my insurance 7 months ago on a 01 1.2 clio it was little over 2 grand to insure it on a full licence that I have almost a year..... Today a female friend of mine, same age, got the exact same car, same insurance company as me and got insured in her own name for 1180 euro on a provisional licence that she has 2 weeks :eek:

How is this fair in any way shape or form

MugMugs

FitterMan wrote: »

Hello ladies and gentlemen

I was 19 when I started my insurance 7 months ago on a 01 1.2 clio it was little over 2 grand to insure it on a full licence that I have almost a year..... Today a female friend of mine, same age, got the exact same car, same insurance company as me and got insured in her own name for 1180 euro on a provisional licence that she has 2 weeks :eek:

How is this fair in any way shape or form

Well it depends on your perspective but come December, Gender will no longer be a deciding factor on Insurance and how it's calculated.

Like it or not, statistically, you're a higher risk driver.

madcabbage

Unfortunately you fit in the category of 18-24 which are considered the highest risk. Tis a balls really.

FitterMan

Id like my insurance to be that cheap come December

But its so unfair I do no more than 80 mile a week and never speed never act the micky in the car I just have it for gettin to work and thats it

hondasam

FitterMan wrote: »

How is this fair in any way shape or form

It's not fair which is why it is going to be changed.


http://www.google.ie/url?sa=t&rct=j&q=male%20female%20insurance&source=web&cd=1&sqi=2&ved=0CGUQFjAA&url=http%3A%2F%2Fwww.consumersinternational.org%2Four-members%2Fmember-activity%2F2011%2F03%2Feu-male-and-female-consumers-to-pay-same-insurance&ei=jW0IUJO2N4TPhAeWqNHUAw&usg=AFQjCNGCfeG3pA1XqjFxrdpbeW378qO5IA

MugMugs

FitterMan wrote: »

But its so unfair I do no more than 80 mile a week and never speed never act the micky in the car I just have it for gettin to work and thats it

I used to tell my parents the same thing.......

marketty

Yes come December women will be paying more and men wont be paying less does that make you feel better?

hondasam

If it were the other way round and women paid more than men would women complain?

FitterMan

Antares wrote: »

I used to tell my parents the same thing.......

On the road I don't do that stuff Made up a few buggies and had car for the fields thru the years

MugMugs

hondasam wrote: »

If it were the other way round and women paid more than men would women complain?

Of course they would.

I'm sure they'd be burning their furry steering wheel covers in the street to be honest !

Brasso

FitterMan wrote: »

Id like my insurance to be that cheap come December

But its so unfair I do no more than 80 mile a week and never speed never act the micky in the car I just have it for gettin to work and thats it

Your insurance won't be cheap but it will be cheaper, probably by about €20 and your female friend will, as marketty says, have to pay about €700-800 more. :rolleyes:

hondasam

Antares wrote: »

Of course they would.

I'm sure they'd be burning their furry steering wheel covers in the street to be honest !

Do women have these in their cars?

Yes we would complain if men got cheaper insurance.

FitterMan

Women complain about everything else do I don't think they would have a problem complaining about this (no offence intended, just a joke)

It would be nice if the prices were met in the middle but that would only happen in a perfect word and were faaar from that

Kopparberg Strawberry and Lime

Brasso wrote: »

FitterMan wrote: »

Id like my insurance to be that cheap come December

But its so unfair I do no more than 80 mile a week and never speed never act the micky in the car I just have it for gettin to work and thats it

Your insurance won't be cheap but it will be cheaper, probably by about €20 and your female friend will, as marketty says, have to pay about €700-800 more. :rolleyes:

tbh I'd rather see that they pay more and we same.

it's just irritating more than anything else

MugMugs

hondasam wrote: »

Do women have these in their cars?

And they're mostly pink

MugMugs

Kopparberg Strawberry and Lime wrote: »

tbh I'd rather see that they pay more and we same.

That would kind of kill the equality aspect though.

hondasam

Brasso wrote: »

Your insurance won't be cheap but it will be cheaper, probably by about €20 and your female friend will, as marketty says, have to pay about €700-800 more. :rolleyes:

That's not going to happen how will the justify charging women hundreds more for insurance?

@Antares that is hideous.

Kopparberg Strawberry and Lime

Antares wrote: »

Kopparberg Strawberry and Lime wrote: »

tbh I'd rather see that they pay more and we same.

That would kind of kill the equality aspect though.

I know but better than them getting a major discount for having tits

MugMugs

Kopparberg Strawberry and Lime wrote: »

I know but better than them getting a major discount for having tits

That's a bit crude.

And anyway, I've got tits and don't get a discount.

They are not charged as much because they are a lower risk. Unfortunately, you just can't argue with the stats.

It seems when men crash, they do it in style and don't just take out a van, house and oncoming bus, they take down the Petrol tanker and and protected building of a church too.

CoDy1

hondasam wrote: »

That's not going to happen how will the justify charging women hundreds more for insurance?

Unfortunately it will, Some stupid EU directive (as a result of some disgruntled Belgian female who brought a case to the EU courts AFAIK) will force Insurers to charge the same for both sexes. Insurers aren't going to reduce male premiums because they are that for a reason i.e higher risk profile etc, so they will simply be forced to increase female premiums.

Because they 'have to', they will.

Brasso

hondasam wrote: »

That's not going to happen how will the justify charging women hundreds more for insurance?

All the reports in the media indicate that probably is going to happen, although nobody can predict the future. The young woman the OP mentioned will simply be seen as a high risk 18-24 and charged accordingly higher.

Stheno

Antares wrote: »

And they're mostly pink

Dear God that is truly foul.

hondasam

CoDy1 wrote: »

Unfortunately it will, Some stupid EU directive (as a result of some disgruntled Belgian female who brought a case to the EU courts AFAIK) will force Insurers to charge the same for both sexes. Insurers aren't going to reduce male premiums because they are that for a reason i.e higher risk profile etc, so they will simply be forced to increase female premiums.

Because they 'have to', they will.

In order for men to be treated fairly women have to pay more.

How is that fair on women?

Brasso

hondasam wrote: »

In order for men to be treated fairly women have to pay more.

How is that fair on women?

It's equality, it's not fair :rolleyes:

CoDy1

Its not, I don't agree with it either, but insurers are laughing.

MugMugs

hondasam wrote: »

In order for men to be treated fairly women have to pay more.

How is that fair on women?

Because it's sexual discrimination to discount your premium based on your gender.

hondasam

Antares wrote: »

Because it's sexual discrimination to discount your premium based on your gender.

Yes I know all that but why can't men pay less?

CoDy1

hondasam wrote: »

Yes I know all that but why can't men pay less?

Because, currently men & women's premiums are based on the claim rates for there risk profiles, younger men pay more because their claims are either more frequent or higher in amount.

MugMugs

hondasam wrote: »

Yes I know all that but why can't men pay less?

Because they're still high risk.

It's all swings and roundabouts and risk management.

Look at the averages.

30 women at 21 in a 1.2 Clio in Dublin, Swords pay 1000 = 30,000

30 Men at 21 in a 1.2 Clio in Dublin Swords pay 1500 = 45,500

Total = 75500

Average Premium for male 1500
Average Premium for female 1000

Non gender related Average Premium required is 1258 so men fall and women rise.

1258*60 is near enough to the 75k pot.

I've made a complete dogs bollocks of that but you get the general gist of it.

aujopimur

If you had a sex change you'd cover the cost in a few years.

MagicManCan

Hey how much if anything will mens insurance go down?

MugMugs

MagicManCan wrote: »

Hey how much if anything will mens insurance go down?

Nobody can tell you that right now.

CoDy1

MagicManCan wrote: »

Hey how much if anything will mens insurance go down?

Male(young) insurance won't go down, they are at the price they are for a reason.

Taylor365

I'm 23 and have 5 Years NCB. (Full License 4 years)

I'm now paying insurance of the amount my friend (18 with provisional license and Female) payed starting off driving.

So yes i think its fair women pay the same.