A money saving tip from one of our MEP's

One of our MEP's, Vicky Ford, sends out an interesting newsletter about her work at the European Parliament.

She doesn't just confine herself to the abstract world of European politics, although what she has to say about the workings of the EU circus is illuminating.  This month she also has the following advice for female drivers:

'I am keen to encourage all women, especially younger women, to check their car insurance renewal dates, and to consider renewing policies before a new EU law comes into effect on the 21st December, which prevents insurance companies from offering discounted rates to female drivers. As younger women tend to have few accidents than younger male drivers, to date insurers have been able to offer the women lower pricing, reflecting the lower risk. Now insurers will not be able to offer this differentiated policy. There appears to be a general consensus that car insurance prices for certain women drivers will rise significantly as a result. I don't think the ruling is sensible, it throws into question the whole theory of insurance pricing'

 If you want to receive Vicky's newsletter by e mail you can sign up on her website here