EU Court ruling means womens insurance quotes will increase

The video discusses the challenges young drivers face with high insurance costs, particularly in cities like London. It highlights the gender-based discrimination in insurance premiums, where women previously received better deals due to fewer accidents. A European Court ruling now prohibits gender-based discrimination, leading to increased premiums for young women and potential decreases for men. The ruling affects not only car insurance but also pensions and life insurance, emphasizing a shift towards risk-based assessments. The government is working with the motoring industry to keep insurance costs low, aiming for equality but at a potential cost for young female drivers.

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