BBC Home
Explore the BBC
BBC News
Launch consoleBBC NEWS CHANNEL
Page last updated at 15:09 GMT, Friday, 7 September 2012 16:09 UK

Money Box Live: Insurance

Red car smashed against telegraph pole
BBC Radio 4's Money Box Live
Wednesday, 12 September 2012 at 1502 BST On Radio 4 and Online

From December 2012 consumers will see a big shake up in the way some insurance premiums are calculated with women car drivers expected to pay more for their cover.

The ruling by the European Court of Justice means that from 21st December insurers will no longer be able to charge different premiums to men and women because of their gender.

The AA has calculated that young women drivers who are generally a lower risk to insure than men could see their premiums rise by 25% and men's premiums could fall by about 10%.

The ECJ directive will also affect life insurance, critical illness, income protection and health insurance. Though of course other factors such as age, general health and claims history are also taken into account when premiums are calculated.

Meanwhile the rising cost of insurance, particularly car and home insurance over the past 12 months, is continuing to cause concern to people whose budgets have been squeezed by low wage settlements or by working part time.

You may also have questions about obtaining flood insurance or pursuing a claim after the downpours earlier this summer.

Do you understand how the European Directive could impact on your car, health or life insurance premiums?

Are you concerned about rising premiums?

Perhaps you want some insurance jargon explained?

Do you live near an area at risk from flooding and need advice on getting insurance cover?

How can you find a specialist policy?

Maybe you want advice pursuing a claim?

Who can help if you have a dispute with your insurer?

Vincent Duggleby was joined by:

Malcolm Tarling, chief press officer, ABI

Graeme Trudgill, Technical and Corporate Affairs Executive, BIBA

Clare Francis, Site editor, Moneysupermarket

Presenter: Vincent Duggleby
Producer: Sally Abrahams

Money Box



Download or subscribe to this programme's podcast

Podcast Help

Insurance links and helplines
06 Sep 12 |  Moneybox
House fire couple's insurance hell
07 Sep 12 |  Business
FSA demands commission clampdown
05 Sep 12 |  Business
Admiral half-year profits rise 7%
30 Aug 12 |  Wales
Q&A: Insurance gender ruling and you
21 Dec 12 |  Business

Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

banner watch listen bbc sport Americas Africa Europe Middle East South Asia Asia Pacific