Advertisement

Men pay £101 more for car insurance than women, and the gap is growing

The widening gender gap comes despite EU laws banning insurers from taking gender into account when calculating premiums

Car insurance

Men pay an average of £101 more for their car insurance than women. That's according to a new study that found the gender gap continues to widen despite EU rules banning insurers from gender favouritism. 

According to figures by comparisons site Confused.com, men pay on average £812 for vehicle insurance with women charged on average £711. Men have seen premiums rise by £104 in the last 12 months, while women saw a £84 rise in insurance prices over the same period. 

Advertisement - Article continues below

Not shopping around for car insurance costs young drivers £350 a year

Rules introduced by the European courts in 2012 ban insurers from taking gender into account when calculating premiums, but despite this, the gender gap continues to widen. This is the first time since 2012 that the gender gap has climbed past £100. The gap was as low as £27 when the rules first came into place. 

Overall, average insurance premiums have soared by £95 over the last year – an increase of 14 per cent. This means a typical driver can now expect to pay £767 for comprehensive insurance. The price hikes are partly attributed to the recent increase of the Insurance Premium Tax (IPT) by the Government from 10 to 12 per cent.

Cheapest cars to insure 2016/2017

Across the UK, drivers in the East and North East, as well as Highlands & Islands region in Scotland have seen the average cost of car insurance go up by 20 per cent, from £563 to £589, in the last month – the most out of any region in the UK.

Amanda Stretton, motoring editor at Confused.com said: “Drivers are now paying £95 more on average for an annual comprehensive car insurance policy than they did during the same period in 2015.

“With the average premium standing at £767, the cost of car insurance hasn’t been this high for over four and half years. What’s more, as prices continue to climb, it seems only a matter of time before we’re back at the £858 peak we saw in 2011.” 

Have you seen your insurance premium go up from last year? Tell us in the comments below. 

Advertisement
Advertisement

Recommended

Deaths on UK’s major road network reach eight-year high
Car crash, insurance, write-off, accident
Consumer news

Deaths on UK’s major road network reach eight-year high

Official figures reveal an increase in fatalities on Strategic Road Network, with collisions costing over £1 billion in a year
7 Jul 2020
VED road tax: how much does it cost?
car tax calculator
Consumer news

VED road tax: how much does it cost?

Confused by VED road tax? Our comprehensive guide explains how much you'll pay on your next car
3 Jul 2020
Six-month MoT extension ends on 1 August
Consumer news

Six-month MoT extension ends on 1 August

Department for Transport ends MoT extension on 1 August; cars due an MoT before that date still get extra six months
29 Jun 2020
BMW and Mercedes pause autonomous car partnership
BMW and Mercedes
BMW

BMW and Mercedes pause autonomous car partnership

German firms had previously agreed to work together on Level 4 self-driving systems, plans that have been paused following a "mutual and amicable agre…
19 Jun 2020

Most Popular

Skoda Octavia Estate vs Toyota Corolla Touring Sports
Estates

Skoda Octavia Estate vs Toyota Corolla Touring Sports

Skoda’s new Octavia Estate has moved upmarket. We find out if it’s a better wagon than the Toyota Corolla Touring Sports
4 Jul 2020
New Skoda Octavia vRS line-up completed as petrol and diesel models arrive
Skoda Octavia vRS Hatchback

New Skoda Octavia vRS line-up completed as petrol and diesel models arrive

Skoda has unwrapped the complete Octavia line-up, which now offers a choice of petrol, diesel or plug-in hybrid powertrains
3 Jul 2020
New Ineos Grenadier 4x4: prices, specs and video of the Land Rover Defender rival
Ineos Grenadier

New Ineos Grenadier 4x4: prices, specs and video of the Land Rover Defender rival

The Ineos Grenadier will be built in Wales and will use BMW engines, but fuel-cell electrification is also likely in the future
7 Jul 2020