Young male drivers have to pay for car insurance twice more expensive than female drivers
Based on the average insurance quote for a male driver aged between 17 and 20 will be charged a fee of £ 3,730, but the female driver of the same age is only charged a fee of £ 1,959 – £ 1,771. Differences between the sexes has increased in London, where the average man aged 20 years or younger can expect to be quoted £ 5,523 in order to insure the car first. Women are charged £ 3,261.
Young drivers in London know that their premiums have increased 5.7pc in one year, and drivers in Manchester and Merseyside has a worse fate, with an increase of 10.6pc. Last year, the average cost of insuring a car for young drivers has soared to a record high of £ 3,688 a year. However, figures published by the Department of Transportation shows that while deaths have been reported in the accident involving a young driver’s car is 24pc of all road deaths in 2010.
The average policy for drivers of older men has increased by only 1pc while women fell by 1.3pc. Gareth Kloet as head of car insurance for Confused.com said that in December, according to European Union legislation, the insurance will not use gender as a factor in determining price. Differences are highlighted in our report has shown that there is still a big gap between men and women in their car insurance payments.
