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Women's car insurance up by 300 tomorrow after new EU rules that ban setting prices according to gender come into force Female driver pays 1,247 on average while a man pays 2,004Women aged between 31 and 35 also likely to be hit with a rise of 10%Men approaching retirement will also suffer as value of annuities will drop | UPDATED: 00:40 GMT, 20 December 2012 Women drivers are among the biggest losers in an insurance revolution which comes into force tonight. A change to European rules will ban insurers from setting their prices according to a person’s gender – which could cost women drivers around 300 a year more