Car Insurance for Women

Are you wondering why car insurance for women is so much lower than identical insurance for a man. Well, there are a few reasons why car insurance for women is quoted lower, however, once you hit a certain age, even as a man, your vehicle insurance will even out closer to the rates a woman of your same age will have. Let us look at some of the reasons why car insurance for women is less expensive. Better driving skills Sorry guys, it is statistically proven that women have better driving skills. They pay more attention while they are driving and are less likely to speed or be involved in a collision. With this factor weighing heavily on the minds of insurance companies, car insurance for women is cheaper. No stunting or showing off Once again, it is statistically proven that women are much less likely to be involved in stunt driving or showing off to their friends. Males are much more likely to be ‘out with the guys’ and show off a bit while they are driving. More responsible Women tend to be much more responsible drivers than males, for the simple fact that most often, it is the women that have the children in the car. Even women without children tend to be more cautious that children are in other vehicles, and thusly drive more safely and cautiously. It is because of this increased likelihood of caution that car insurance for women is less expensive than that for men. There are many factors that impact the costs of insurance: • Driving record • Record of insurance (claims history) • Age • Type of vehicle you drive • Why you drive your vehicle (business, pleasure) • How far you drive your vehicle in a year • Where you drive your vehicle (city roads versus rural areas) • Gender With so many factors, it can be difficult to compare two drivers, however if you took a 23 year old male and a 23 year old female, with clean driving records, three years of clear claims history, driving the exact same vehicle on the same route for the same reasons, the car insurance for women would be less expensive. Now when you take into consideration that insurance companies like the statistics that show for women, car insurance for women could still be considerably higher than a man’s if that lady has a bad driving record, or has many claims in her insurance history and the man does not.