Womens Car Insurance: Women As Better Drivers!
Female driver come in for their fair share of criticism from men on the road. They are apparently dangerous and drive way to slowly but that, of course, is a definite male perspective. Car insurance companies actually take the exact opposite view. They actively encourage women to take up their womens car insurance policies because they tend to be safer on the road. There are many reasons why this is the case, but on a like for like basis, women save money every time.
Before looking at those reasons, it is important to check out just how much of a difference there can be between a male and female car insurance quote. Mr Bickley and his wife, Mrs Bickley, obtained quotes online for their brand new Ford Focus.
Both Mr and Mrs Bickley are 29 years of age and enjoy rural life. As a result, their home is in a low crime area. They also have a garage and an alarm system fitted just in case. Mr Bickley does have one more years no claims bonus than his wife, but their circumstances are identical otherwise.
As an experiment, they both went to E-Sure and CIS for car insurance quotes to see how much it would cost them to insure the car individually. Despite the extra year no claims for Mr Bickley, Mrs Bickley would have obtained the insurance for 107 cheaper.
This is a great example of the fact that women pay less for their car insurance than men. This is because women do not have as many accidents, and have far fewer serious accidents if the statistics are to be believed. This all points to the fact that women do not tend to claim on their insurance whereas men do. As such, an insurer can lower the premiums for women because their profits are greater as a result of the lack of claims!
Men tend to drive far more quickly on the roads than women and do get pulled up by the police for driving offences more. Men also apparently have a lower concentration level and so are more likely to get distracted by something as they are driving.
The choice of car is also a big part of why male car insurance premiums are higher. Men have a habit of buying faster and more powerful vehicles because women think practically rather than living out their fantasies. If anything happens to the powerful cars, whether stolen or in an accident, it costs more to fix or replace them, which contributes to the premiums as well.
Womens car insurance also comes from specialists. Every woman can choose from specialist or general insurance but men do not have the luxury. As such, men should expect to pay more now and into the future!