female DRIVERS in Limerick are still paying more on their car insurance than women in other parts of the country.
The latest car insurance pricing index highlights the price differential for Irish drivers throughout the country and shows that based on the same risk criteria there are significant differences in premiums paid by people depending on the county where they live.
Female drivers in Cork and Waterford, aged 27, with fully comprehensive insurance and driving a Ford Focus are paying a premium of €575, which is €82 cheaper than drivers in Limerick who are paying €657.
When compared with the index in July, the same aged driver with the same risk criteria was paying €603 in Cork and Waterford, while they were paying €694 in Limerick. In the 35-year-old male category, drivers of a Toyota Avensis are currently paying €318 in Waterford compared with €401 in Limerick – a difference of €83.
However, the divide between male and female drivers is due to change in anticipation of the EU Gender Directive which is scheduled to come into effect on December 2.
The trend analysis by the AonIsure.ie experts highlights that the market is already moving prices in an effort to neutralise the expected impact of the Directive.
“Traditionally gender was the single biggest factor when car insurance premiums were being calculated. The Directive makes gender irrelevant and as a result makes other factors more important. This includes a driver’s previous claims history, the status of their licence – including whether or not they have penalty points,” explained Declan Cahill, CEO, AonInsure.ie.