To think if Sheila's wheels' old policy

[Faultymain5]

of giving good deals to women is discriminatory and against the law that there is no reason for a car insurance application to ask if you are male or female.

Just a fleeting thought as I discover whether my existing renewal quote is better than a new quote altogether.

www.moneysavingexpert.com/insurance/comparison-site-credit-score/

@InsuranceAnalyst

I've worked in this area.

In answer to the original question, the company I worked for stopped rating on gender when it became illegal, but still collected the data for other legitimate purposes such as performance monitoring and reserving (basically they set money aside based on the amount of claims they think they'll have, and this can be predicted more accurately by including additional factors such as gender, which cannot be included in the actual price).

I've no doubt this has been fully checked out by our legal team and the data is allowed to be collected for this purpose.

Interesting and answers my question - thanks!

@MootingMirror. Thanks I know who Slaughter & May are, as in another life I used to work there. Still interested in the ruling as it still makes little sense to me as stats back up the old practice.

@InsuranceAnalyst

I've worked in this area.

In answer to the original question, the company I worked for stopped rating on gender when it became illegal, but still collected the data for other legitimate purposes such as performance monitoring and reserving (basically they set money aside based on the amount of claims they think they'll have, and this can be predicted more accurately by including additional factors such as gender, which cannot be included in the actual price).

I've no doubt this has been fully checked out by our legal team and the data is allowed to be collected for this purpose.

This makes sense. I guess.

So they are able to put money aside for my possible accidents but cannot lower my premium, but they'd put money aside for my DH and based on stats put more aside and his premium won't go up because of the law. Is that anywhere near what's happening? Or am I making stuff up.