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Author Womans insurance to go up 25%
3CorsaMeal
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Registered: 11th Apr 02
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12th Nov 12 at 15:24   View User's Profile U2U Member Reply With Quote

Heard this on the wireless at lunchtime, apparently some people in suits have ruled that car insurance companies can no longer discriminate between male and female drivers.

So of course, instead of mens insurance getting cheaper they are going to increase the cost for females.

Will this affect you? I was talking to people in office about it and i was like "get in" "fcuking cunts, getting cheap insurance for having boobs" Then they all start moaning because it really means they have to pay more for the wife and theirs joint policy.
3CorsaMeal
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Registered: 11th Apr 02
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12th Nov 12 at 15:25   View User's Profile U2U Member Reply With Quote

Could Hammer spell check this for me please as i think my last bit of last sentence could be worded a bit betterer
Robin
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Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
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12th Nov 12 at 15:26   View Garage View User's Profile U2U Member Reply With Quote

Awesome. Our insurance bill will go up by about £200 now. Fucking woo.
.Matt
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Registered: 28th Jan 09
Location: Kent
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12th Nov 12 at 16:10   View User's Profile U2U Member Reply With Quote

If i heard correctly it the 25% increase only applys for women under 26, and men under 26 also get a 10% decrease in insurance.

And also not coming in till next year in december
Ian
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Registered: 28th Aug 99
Location: Liverpool
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12th Nov 12 at 16:17   View Garage View User's Profile U2U Member Reply With Quote

If insurers are legally forced to charge more for something which is inherently less risky, that means they're making more money, which means they can afford to do better deals, which means market forces will equilibrate the margins for male drivers. It can't be bad news for men, just means men need to shop around and ask for the best deal as there will be more room to move on their policies.

I do think the whole thing is insignificant compared to the amount of money PI still costs the industry, but that's another matter. Sooner that is legislated for the better.

[Edited on 12-11-2012 by Ian]
Hammer
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Registered: 11th Feb 04
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12th Nov 12 at 16:21   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by 3CorsaMeal
Will this affect you? I was conversing with a number of my fellow employee's in the office about the subject, proclaiming enthusiastically - "Get in! An end to females obtaining substantially cheaper insurance by merely owning a pair of breasts". Subsequent to being thoroughly lambasted by all and sundry as this now signifies they will have to disburse more for their joint marital policies
Hammer
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Registered: 11th Feb 04
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12th Nov 12 at 16:21   View User's Profile U2U Member Reply With Quote

mattant
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Registered: 19th Jun 10
Location: South Yorkshire
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12th Nov 12 at 16:21   View User's Profile U2U Member Reply With Quote

I just thought it was averaging out, so women's going up and men's going down. It just means that if two policies are exactly the same then they will be the same price, rather than the woman's being cheaper

 
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