Cheaper Car Insurance

With the implication of new age discrimination laws being introduced in Britain could this mean cheaper car insurance for all or does it mean the opposite. The new age discrimination laws which will be introduced in October 2006 will have ramifications throughout the business world including the insurance industry.

Will this mean cheaper car insurance for all. There cannot be any age discrimination when it comes to calculating car insurance premiums so how will calculations be changed to continue the current equations or will it mean radical changes to the prices of premiums that are directly affected by age, particularly the elements of new drivers 17+ and the over 75 market place. Both these markets attract much heavier car insurance premiums because of age so will this mean a change in wording to accomodate more emphasis experience and risk or will this mean cheaper car insurance for all.

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