Reason Why Car Insurance Is Cheaper With Female Drivers ...

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Reader’s Question:

Why is auto insurance more expensive for male drivers than females?

Anna

Orlando FL

Generally, a female driver with age between 18 and 25 will pay less than her male opposite since it is a fact that the former meets less accidents and violations that the latter.

The truth is there are more male drivers than females. The more you drive, the more you are at risk of meeting an accident. More so, men are more risky drivers which may cause more moving violation tickets. Given these, this is why males’ premium is higher than females’.

As such, one’s gender really affects his or her premium rate since female drivers meet fewer incidents than males. The good thing though is that since as a male driver you got to drive more when you were younger than you are now older, your driving experience also matures. And since the insurance companies acknowledge this, your premium gets less as you age as compared to your female counterparts. More so, if you have been a very good driver - that is having a good driving record and no claims.

Source: Reason Why Car Insurance Is Cheaper With Female Drivers ...

Women less likely to take out comprehensive car insurance

28.06.10

Women are less likely to take out comprehensive car insurance when compared to men, according to a recent survey.

The research was commissioned by The Post Office and found that just 44% of women had taken out comprehensive cover on their motor, which is significantly less than the 58% of men who did have comprehensive car insurance.

The Post Office says it recommends comprehensive insurance for all motorists as it offers the widest range of protection including cover against theft, damage, and some policies even offer breakdown cover.

Third party, fire and theft policies offer a lesser level of protection, although drivers are often tempted to opt for this policy as it is cheaper than comprehensive cover. The advice being given from The Post Office is to thoroughly read through a motor insurance agreement before signing on the dotted line so as to be clear about what exactly is covered as part of the policy.

Separate research found that women are less likely to be involved in a head-on car collision compared to men, however they are more prone to accidents at slower speeds such as at traffic lights, car parks, and roundabout. Female motorists are the worst culprits when it comes to bumps and scraps to their vehicles, all the more reason to take out a comprehensive insurance policy perhaps?!

Source: Motor Insurance News (blog)