Shopping around for insurance essential for female drivers Easier (press release)
Graeme Kalbraier, Managing Director of Tiger.co.uk, gives his advice to women drivers as the AA report announces a rise in insurance premiums by seven per cent for 17 to 22 year old females for comprehensive cover.
"This seven per cent hike in comprehensive cover for woman since January will be a serious blow to some young drivers. The increase comes at a time when insurers are faced with increasing financial pressures, making them less keen to discount rates for what have historically been lower risk groups.
"Shopping around is essential for saving money. For 20-year-old female drivers, the variation between the top ten cheapest insurance quotes is £130 (or 20 per cent).l And it is not just young drivers who experience differentials in price; 30-year-olds can save even more - top ten premium quotes vary by almost £150, with the tenth best quote coming in at 40 per cent more than the lowest quote. This is testament to the importance of shopping around.
