Jan 11 Jaysus... Car cover costs young men an extra €1,000 ...deadly

000 more for insurance than women, YOUNG male motorists are being charged up to €1

YOUNG male motorists are being charged up to €1, 000 more for insurance than women

But insurers are being urged to narrow the gap in pricing between male and female drivers ahead of new rules that will ban the use of gender when setting premiums

Ie found that a 19-year-old woman can get her motor policy for €1, 000 less than a male of the same age. A survey by brokerage Chill

A male seeking insurance for a 1998 Honda Civic, 508, got quotes in seven counties at €2, seeking fully comprehensive cover. Aged 19, Chill sourced 14 quotes for male and female drivers from seven counties

Fully comprehensive insurance for females varied from €1, 904 in Donegal to €1, 453 in Dublin

A similar pattern was found with third-party costs for 19-year-olds

362, 588 in the majority of the counties, with those living in Dublin quoted €1, Females were quoted the same €1. 588, The best value for males in all counties was €1

Chill said this showed the importance of seeking out a large number of quotes

- Charlie Weston Personal Finance Editor

Irish Independent