Women's Car Insurance Price Misery Continues According To Tiger.co.uk - PRWeb
(PRWEB UK) 17 April 2013
With the rising cost of motoring eating into the pockets of UK motorists it is important to keep an eye on one of the biggest contributors to these, car insurance. Tiger Watch is a monthly price monitor produced by car insurance comparison site Tiger.co.uk. The monitor looks at thousands of real car insurance quotes in order to provide the UK’s most up to date snapshot of pricing trends that impact on all of the country’s drivers.
The Tiger Watch results for April 2013 have now been released and these show a similar pattern to those seen in the first quarter of the year: Relative stability in overall premium prices, but massive fluctuations in pricing movement by gender, with the UK’s female drivers – especially younger women drivers – feeling the effects on the implementation of the EU Gender Directive in December 2012.
Overall, the research shows that car insurance quotes actually dropped when compared to last month’s monitor, with rates falling almost 2.7%. When looking at premiums from a year ago, Tiger Watch shows that drivers getting their car insurance renewal rates through in April should, on average, see virtually no annual inflation.
Insurance Center | Blog | How Much is bCar Insurance/b For a 16 Year b.../b
How much is car insurance for a 16 year old varies due to many factors used by the insurance companies to arrive at the insurance premium. Let’s look at the most common factors affecting the car insurance policy cost for a 16 year old young driver.
1. Vehicle you are planning to buy
If you are going to buy a jazzy vehicle with fancy alloy wheels your premium on the car insurance for your teenager can become quite high. Most of the insurance policies do not cover fancy accessories. It is better to go for a basic model which will significantly cut the cost of your young child’s insurance policy.
2. Gender of the driver
If you are planning to take the insurance policy for your teenage girl you will be paying much less premium than a boy of the same age. They consider female drivers to be more responsible drivers than their male counterparts and this rule is applicable for the teenagers too. Insurance statistical data also proves that female drivers are more safe drivers. And this will affect in the premiums they are going to pay.
3. Safe driving
Make sure that you give good driving lessons to your young ones before they are embarking on their driving journey. Insurance companies consider the young people are reckless drivers and this is one of the main reasons which are responsible for the high cost of 16 year and 17 year old kids. If not the first year, from the second year onwards the cost of premiums will drastically reduce if they have a no claim certificate.