Car Insurance prices lower for Women that are Married

In December the EU passed the Gender Directive which means that car insurance providers are no longer allowed to give women lower insurance premiums just because of their gender. Many women will therefore find that when they come to renew their car insurance that their premiums have gone up – some more than others. In a report today it has been shown that women who are married and have their partner on their insurance policies are now actually paying less than their single counterparts.

Research has shown that women between seventeen and twenty are likely to have the highest increase in car insurance premiums, with the average price rising by 17.1 per cent so the average cost will be £2,081 per year. However women who are married at the same age will only see an increase of 4.8 per cent, meaning that they will only have to pay £2,089 per year for two drivers on the same car.

Women who are between the ages of twenty one and twenty five will also see an increase of around 8.6 per cent so on average they will have to pay out £1,137 per year, whilst their married counterparts have actually seen their premiums go down by 1.5 per cent so they will only have to pay £1,009. Head of technical underwriting at Direct Line car insurance, Dave Meader said: “When determining the price of car insurance, various factors will be taken into consideration, including whether someone is single or not.”

“During different stages of a driver’s life, their choice of vehicle, attitude and ability behind the wheel changes. Our data suggests those who are married, tend to be more experienced drivers, buy less powerful and safer vehicles; they may also have children so their driving habits change. Another contributing factor is, younger and single people are far more likely to have serious accidents.”

There has understandably been some anger from women drivers over the news, especially as they claim that it is hypocritical for the EU to pass a law saying that car insurance providers are not allowed to provide cheaper insurance policies due to gender, yet they can depending on marital status.

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