The following is an excerpt from the EU. It could make insurance for young female drivers more expensive. The only people to benfit from this would be insurance companies.
Taking the gender of the insured individual into account as a risk factor in insurance contracts constitutes discrimination The rule of unisex premiums and benefits will apply with effect from 21 December 2012
Thus, in principle, the Directive prohibits the use of gender as a factor in the calculation of insurance premiums and benefits in relation to insurance contracts entered into after 21 December 2007.
By way of derogation, however, the Directive provides that Member States may, as from that date, permit exemptions from the rule of unisex premiums and benefits, so long as they can ensure that the underlying actuarial and statistical data on which the calculations are based are reliable, regularly updated and available to the public. Member States may allow such an exemption only if the unisex rule has not already been applied by national legislation. Five years after the transposition of the Directive into national law – that is to say, on 21 December 2012 – Member States must re-examine the justification for those exemptions, taking into account the most recent actuarial and statistical data and a report to be submitted by the Commission three years after the date of transposition of the Directive.
More from Blue School Of Motoring: