The ECJ’s ban on using gender as an assessment factor when calculating insurance policies may
soon mean men have access to cheaper car insurance but for many young drivers in 2011, insurance premiums are simply too expensive or unavailable altogether. That could all be set to change, however, with the introduction of a ‘pay-how-you-drive’ initiative by the Co-Operative Insurance.
The Co-Op’s new insurance policy, aimed exclusively at the 17-25 age group, includes the installation of a Smartbox – like a black box recorder on an aeroplane – to record...