Adapted Vehicle Hire News Updates: New EU ‘gender-neutral’ car insurance rules come into effect
Female motorists may see their car insurance costs rise after new EU ‘gender-neutral’ car insurance regulations come into effect from tomorrow (Friday, 21 December).
Disabled drivers should also be aware of the new rules, which are the result of a ten-year legal battle to prevent insurers from implementing prices based purely on gender.
Confused.com claims that the EU’s Gender Directive could see the average premium paid by a female driver rise by up to 24 percent, or £300 a year.
This could vary even more widely for young female drivers, who could end up paying up to 28 percent more on their insurance, according to the British Insurance Brokers’ Association (BIBA). In contrast, young male drivers could see their average premiums decrease by eight percent.
Head of car insurance at Confused.com, Gareth Kloet, warned that the new regulations could affect the competitiveness of the insurance market. “The EU Gender Directive looks likely to spoil things, bringing uncertainty into the market once again and is likely to result in different insurance companies adopting different strategies to gain and retain the best business.”
In other news, charging for disabled parking at hospitals by some NHS trusts could be unlawful, a disability rights lawyer has claimed.
Adapted Vehicle Hire provides specialist rental cars for disabled drivers, as well as wheelchair accessible vehicles (WAVs).Click here to find out more.