The best price a woman can typically get for her car insurance has jumped by £114, or 15 per cent, since the start of November, as insurers prepare to comply with new European “gender neutral” rules from next week, a price comparison website said.
The cheapest quote being offered to women is £862 on average – but just six weeks ago the best price was around £748 – Gocompare.com said.
It made the findings from analysing searches for car insurance quotes made for women of all ages on the website, including comprehensive cover and third-party policies.
The site, which has monitored more than ten million car insurance quotes since January 2011, said this is the biggest shift it has seen in premiums so far.
It said the typical best price for women aged 17 and 18 is £2,191, a £281 rise from the start of November.
The gender neutral rules stem from a European Court of Justice ruling last year