Jan 13, 2017

Men 'pay £101 more' for car insurance than women

Male motorists typically pay £101 more a year for their car insurance than women, a comparison site has suggested. Men paid an average annual premium of £812 for comprehensive car insurance in the final quarter of 2016 compared with £711 for women, according to Confused.com. In general, the typical comprehensive car insurance premium stood at £767, rising by 14% - or £95 - in a year, it said. "James Dalton, director of general insurance policy at the Association of British Insurers, said:"Motor insurance remains a highly competitive market, with motorists shopping around for the best deals. The government has doubled Insurance Premium Tax in just over a year, and repair bills are going up as cars get more sophisticated. So while insurers are doing all they can to control costs, these pressures show how important it is that the government's latest proposals to tackle low value whiplash style claims are implemented fully and as quickly as possible, and that there is no rise in Insurance Premium Tax.".

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