Saturday, February 26, 2011

Women’s Car Insurance to be Lower than Men

Women’s Car Insurance to be Lower than Men


With car-related accidents being lower for women, an official proposed having cheap women’s car insurance to be rewarded to these drivers. There are currently discussions with the European courts being done relating to this matter as Peter Staddon, head of technical services at the British Insurance Brokers’ Association confirmed.With car-related accidents being lower for women, an official proposed having cheap women’s car insurance to be rewarded to these drivers.
This will then be reflected on insurance premium rates being set for both men and women. This standard based on gender is currently under investigation so that all possible considerations and details will be taken into account. Despite the fact that women are proven to be better drivers as supported by statistics on car accidents, still, other matters need to be weighed accordingly.
Mr. Staddon even confirmed that the grant on these premiums will be based on the results of data available. Once regulation is passed and credit is given to females, according to Daily Mail Reports, an increase in women’s car insurance premiums will be significantly evident for drivers.

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