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Originally Posted by Hugh
And young drivers cannot be charged more because they are young.
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I think at the moment the ruling only applies to gender discrimination but i would suspect that age and disability will follow suit as insurance companies ask the EU commision to clarify the descision
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Ashley Prebble, insurance partner, Norton Rose: “There is going to be uncertainty in the insurance market for some time as a result of this decision. It is likely that the decision will require the European Commission to clarify the position with regards to other potential areas of discrimination, particularly age and disability. This might be done through a Protocol setting out exactly what insurers will be able to do in terms of differentiating the risks posed by different categories of policyholders”.
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http://www.thelawyer.com/ecj-rules-t...007122.article
---------- Post added at 15:53 ---------- Previous post was at 15:50 ----------
Quote:
Originally Posted by techguyone
Being cynical I'd expect simply that female drivers will now pay the same as men, and no one will benefit. I suppose its *just* possible that mens may come down slightly, I'll bet dollars to doughnuts though, that the Insurers will benefit from more money coming in regardless.
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Without a doubt ,no way will the insurance companies lower mens premiums down to womens levels ,indeed the AA have said that they expect womens premiums for under 30's to rise by 25-30% ,i seriously doubt that the insurance companies will set the rates at a mid point between the 2 levels