EU Insurance Ruling: More Pain for Women?    • Commentary
Getty Images  To all women out there: Which would you rather
have – cheaper or more expensive car insurance? Or if I can
sharpen the question a bit, would you pay more for car insurance
in the name of the struggle against gender discrimination?
Well, today, the European Court of Justice has answered that for
you.  The EU’s highest court declared illegal the widespread
practice of charging men and women different rates for
insurance, in a major decision which would overhaul the pricing
of insurance policies across Europe.  Generally, insurers charge
cheaper life and car insurance premiums to women because
statistics show that women live longer and cause less car
accidents.  But no, the ECJ said that’s gender discrimination
and it needs to end by Dec 12, 2012. That means, ladies, you’ll
have to get ready for more expensive premiums.  How much more
expensive?  The Association of British Insurers said women under
the age of 25 could see an average rise