What's the logic behind putting a woman on your insurance?
Discussion
I'm 41, married with kids, clean licence, no accidents etc, etc....
I am told my car insurance would be cheaper if I insured my wife to drive my cars. Only problem with this is that she can no longer drive due to eyesight issues.
My driving would not change if my wife's eyes weren't buggered, so why is my insurance higher because I can't add her to the policy?
I am told my car insurance would be cheaper if I insured my wife to drive my cars. Only problem with this is that she can no longer drive due to eyesight issues.
My driving would not change if my wife's eyes weren't buggered, so why is my insurance higher because I can't add her to the policy?
Snowboy said:
A convenient lie is a bit like this.
Your premium on the car would be £1000.
You wife would be £500.
So to ensure you both it's £750.
Which is the average of the two risks.
Ladies are generally considered to be lower risk drivers.
Nonsense. If this is the case, why doesn't adding me to my wife's car policy increase her premium?Your premium on the car would be £1000.
You wife would be £500.
So to ensure you both it's £750.
Which is the average of the two risks.
Ladies are generally considered to be lower risk drivers.
kambites said:
It will diminish in three week's time (I think), when insurance companies are no longer allowed to take gender into account.
That'll only apply for the male/female difference in risk, though - the adding of grandparents will still work (reducing the risk by having an older driver).Alfa numeric said:
If there's a woman on your policy you're statistically less likely to have a prang. My ex wife was on my policy for several years after our divorce as it lowered my premium by something like £70.
Just look at it as a way to lower your premium by using the system.
Exactly the same here. Saved me about 10%.Just look at it as a way to lower your premium by using the system.
I wish I understood the logic. Each time that my policy comes up for renewal, I get quotes with and without my other half on the policy. Every year without fail it's been cheaper (by at least £100) with her added, even though she has a fault claim and I don't. How does that make her less of a risk?
Kambites makes a good point - it may be different next time, although all being well I should have access to lower premiums anyway so I may not 'need' to include her on the policy.
Kambites makes a good point - it may be different next time, although all being well I should have access to lower premiums anyway so I may not 'need' to include her on the policy.
Gusto said:
Snowboy said:
A convenient lie is a bit like this.
Your premium on the car would be £1000.
You wife would be £500.
So to ensure you both it's £750.
Which is the average of the two risks.
Ladies are generally considered to be lower risk drivers.
Nonsense. If this is the case, why doesn't adding me to my wife's car policy increase her premium?Your premium on the car would be £1000.
You wife would be £500.
So to ensure you both it's £750.
Which is the average of the two risks.
Ladies are generally considered to be lower risk drivers.
In some cases adding a chap onto the wifes insurance does increase her premium.
If it doesn't in your case then it's probably to do with the many other factors that insurance companies take into account.
Perhaps you and your wife are considered equal risks.
Perhaps you could post your opinion or knowledge rather than just rubbishing mine.
ks me if I overtake anyone etc Snowboy said:
It was a very simplified example.
In some cases adding a chap onto the wifes insurance does increase her premium.
If it doesn't in your case then it's probably to do with the many other factors that insurance companies take into account.
Perhaps you and your wife are considered equal risks.
Perhaps you could post your opinion or knowledge rather than just rubbishing mine.
Fair enough. I have never experienced this.In some cases adding a chap onto the wifes insurance does increase her premium.
If it doesn't in your case then it's probably to do with the many other factors that insurance companies take into account.
Perhaps you and your wife are considered equal risks.
Perhaps you could post your opinion or knowledge rather than just rubbishing mine.
Gusto said:
Snowboy said:
A convenient lie is a bit like this.
Your premium on the car would be £1000.
You wife would be £500.
So to ensure you both it's £750.
Which is the average of the two risks.
Ladies are generally considered to be lower risk drivers.
Nonsense. If this is the case, why doesn't adding me to my wife's car policy increase her premium?Your premium on the car would be £1000.
You wife would be £500.
So to ensure you both it's £750.
Which is the average of the two risks.
Ladies are generally considered to be lower risk drivers.
Me: 10yrs driving on full UK licence, no points, no claims, no convictions
OH: Provisional licence
So naturally putting her on my policy > premium goes down!
Parking in a locked garage? > premium goes up!
I think this shows pretty clearly that statistics are useless without interpretation...
I'm assuming the garage thing is because most houses/flats on my street had garages, meaning less cars on the street > less claims from there. Whereas a few break-ins to garages where the more expensive vehicles are kept may have led to several high-cost claims, bumping up the average for garaged cars.
OH: Provisional licence
So naturally putting her on my policy > premium goes down!
Parking in a locked garage? > premium goes up!
I think this shows pretty clearly that statistics are useless without interpretation...
I'm assuming the garage thing is because most houses/flats on my street had garages, meaning less cars on the street > less claims from there. Whereas a few break-ins to garages where the more expensive vehicles are kept may have led to several high-cost claims, bumping up the average for garaged cars.
Most car theft these days is breaking into house to get keys. Car kept on the road, thief has no idea what house to break into. Car on the drive or on drive waiting to be put in garage, question answered.
So in some areas and for some cars, driveway or garage is more expensive than road.
So in some areas and for some cars, driveway or garage is more expensive than road.
tim-b said:
Me: 10yrs driving on full UK licence, no points, no claims, no convictions
OH: Provisional licence
So naturally putting her on my policy > premium goes down!
Parking in a locked garage? > premium goes up!
I think this shows pretty clearly that statistics are useless without interpretation...
I'm assuming the garage thing is because most houses/flats on my street had garages, meaning less cars on the street > less claims from there. Whereas a few break-ins to garages where the more expensive vehicles are kept may have led to several high-cost claims, bumping up the average for garaged cars.
I once heard that quite a few claims are made by drivers scuffing their own car getting into their garage, hence premiums reflect that. No idea if it's true.OH: Provisional licence
So naturally putting her on my policy > premium goes down!
Parking in a locked garage? > premium goes up!
I think this shows pretty clearly that statistics are useless without interpretation...
I'm assuming the garage thing is because most houses/flats on my street had garages, meaning less cars on the street > less claims from there. Whereas a few break-ins to garages where the more expensive vehicles are kept may have led to several high-cost claims, bumping up the average for garaged cars.
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