Statistics from the Department for Transport shows that men were involved in twice as many accidents as women last year, reports Accident Advice Helpline as young females await the impact of new insurance regulations this December.
Historically, young male drivers have always been charged more for their car insurance because the statistics show they are more likely to be involved in an accident than young female drivers. Recent statistics from the DfT back this up, with reports that males accounted for 169,506 accidents last year in comparison to females who were involved in 77,583, around half as many.
However, from December 21st this year, insurance companies will no longer be allowed to use gender as an influencing factor when setting the prices of insurance policies. It is unlikely that the price for young male drivers to insure their vehicles will be reduced so young women drivers can expect to see a significant hike in the price of their policies, with some experts estimating as much as 25 – 30%.
The move comes after the European Court of Justice’s decision ruled that the practice of setting prices based upon gender was illegal and enforced a ban on this practice which will come into force just before Christmas 2012.
Leading car accident claim UK company, Accident Advice Helpline, said the cost of insurance shouldn’t be the focus of young drivers attention.
“If young people are concerned with keeping their insurance premiums down,” he continued, “they should focus on improving driving skills and driving safely, because by having to make a car accident claim UK residents will notice the price of their premium will increase significantly.”
People who have been involved in an accident on the road that was not their fault can contact Accident Advice Helpline for free car crash claims advice. Their accident helpline is open 24 hours a day and all advice is given in confidence.