Car insurance disparity

TiredMonster

Hi,
I'm buying a car from my soon-to-be-ex-husband. I've got full no claims bonus, no points on my licence, at the same address & my quote was £500 from the company it's currently insured with.

My husband, about the same age, has had accidents & has points for speeding. His renewal is £325 - up £75 from last year. That's £175 less than my quote!

I asked the company why the big difference... They pointed to:

  inflation, trends in the insurance market, how much claims cost each year and even things like world events, for example.

Presumably these affect him as much as me? 

The main difference appears to be our genders... Is there any other reason people can suggest please? I'm baffled... 

(And yes, I looked on a comparison website, & now have a cheaper quote...but would like to understand the disparity!)
Thanks

DullGreyGuy

Yes, he can put down he has owned the car for 10 years (or whatever it is) where as you have to say the car has been your property for 0 months.

Some insurers use credit rating as a pricing factor if one of you has a better history than the other (though a top "score" can result in premiums going up a bit as they hope you are cash rich/time poor so less price sensitive.

Insurers do price sensitivity and elasticity analysis... if they think you are a customer who's price insensitive but wont stick around they'll load the premium... if they think you're going to stay for years they may lower the price. Since the new rules on pricing came in elasticity may be less of a factor than it used to be.

Pricing based on gender for general insurance has been illegal in the UK/EU for over a decade