Motor Insurance for Men going DOWN this December?
Is anyone aware of how much motor insurance for women is likely to go up when the EU Gender Directive comes in in December?
As I understand it, it's going to be illegal for insurers to differentiate on the grounds of gender.
So... Women are going to pay more for critical illness insurance, and men are going to pay up to 25% more (!!!) for income protection.
Personally, I think it's political correctness working the WRONG way, but.. what about motor insurance?
Historically, men have paid a lot more than women for car insurance - for good reason! But does this mean that car insurance for males is going to go down?
Does anyone know the facts? Should we all be thinking about renewing our motor insurance in December?