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Female drivers set for insurance hike

Many women drivers will see their insurance premiums rise as gender based insurance coverage was ruled sexist by the EU.

The new rules mean female drivers under the age of 26 will pay up to £4,300 more on their vehicles

Insurance companies have long considered women under the age of 26 as ‘safer’ drivers than their male counterparts. But with the new rules, a female driver of 17 will have her premium rased by 25 percent by 12 December 2012.

Judges at the European Court of Justice in Luxembourg have said that using gender to judge the likelihood of having an accident goes against EU equality laws.

Not everyone is pleased with the decision. Conservative MEP Sajjad Karim has called the ruling ‘utter madness’ and a ‘setback for common sense’, reports the Sun.

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