So......an end to cheaper car insurance for women

reduceditem

.....compared to men (all other factors being equal).


Fair?



I bet the execs at Sheila's Wheels are carping themselves.

boyse7en

Bloody typical! I was thinking that at least I'd save a few quid when my two daughters start driving.

How much do you want to bet that insurance for women goes up in price, rather than the cost of men's insurance coming down?

reduceditem

boyse7en wrote: »

How much do you want to bet that insurance for women goes up in price, rather than the cost of men's insurance coming down?

The only thing I'm sure of is that the insurance companies will not be out of pocket at the end of it all.

Lum

Sheila's Wheels is just a brand name of a large mainstream insurance company, all their calls go to the same call centre except when you dial the sheila's wheels number a slightly different script appears on the computer screen. All it means for them is a software change and a couple less 0845 numbers to maintain.

I wonder if they'll start on ageism in insurance based on this precedent? Why should an 18yr old pay cheaper health insurance than a 60yr old and likewise why should the 60yr old get cheaper car insurance?

bap98189

The car insurance has been grabbing all the headlines, but men are going to lose out on pensions, which is arguably a bigger issue. Currently a man will be offered a bigger annuity on retirement because men die younger than women so claim pensions for less time. This too will be illegal if the court rules as expected.

spiro

bap98189 wrote: »

This too will be illegal if the court rules as expected.

The court has already ruled.

bap98189

spiro wrote: »

The court has already ruled.

Ah OK, didn't know that. They were still anticipating a ruling when I saw the news this morning.

mustrum_ridcully

I really can see both sides of the issue.

It's one thing to use gender when the driver has no history of driving (but it should be used alongside other factors).

It's something else when gender is applied to someone who has been driving for years. Then gender shouldn't be an issue as a driver history is available (points, NCD, accidents...), yet it is.

To paraphrase George Orwell - "All genders are equal but some are more equal than others"

Ebe_Scrooge

This report intrigued me as well. Whilst I can see the point about not being allowed to discriminate based on sex, the whole point is that the insurance companies base their premiums on statistics. If it's statistically true that women make less claims than men, then it seems resonable to offer them cheaper premiums ( obviously, taking into account all other relevant factors as well ). Just the same as a 17 year old newly qualified driver, of either sex, is likely to crash more than a 40 year old with 20 years experience under their belt.

Broad generalisations, admittedly, but the point is the difference in premiums is based on factual statistics, not arbitrary sex discrimination. Oh, and for the record, I'm a male of the species, so I have no particular axe to grind on that score - if women are statistically safer then so be it :-)

AlexisV

Broad generalisations, admittedly, but the point is the difference in premiums is based on factual statistics, not arbitrary sex discrimination.

I've no doubt statisically that people of one colour will make less claims than those of another race though.

jaydeeuk1

Women want equality with men, and now they're getting it.
At least they have a year or so till it kicks in.

Does that mean people who only have one eye, a dodgy heart and epilepsy cannot be be charged a higher premium on disability grounds?