Car Insurance Guide for Women

Car Insurance Guide for Women

Car insurance rates for women are generally cheaper than they will be for men. This is because car insurance providers view women as safer and more mature drivers on the road. This may seem unfair, but statistics show that women are less expensive to insure because they are involved in fewer accidents, driving convictions, and are generally less expensive to insure.

Although women drivers are just as likely as men to have an accident, it tends to be at a lower speed or generally less serious bumps and scratches. Women are thus less likely to make a big claim on their car insurance.

And if you’re still not convinced that women are safer drivers, here are some statistics to back it up. 92% of convictions for driving offences in the UK are for men. Figures also show men are found responsible for 98% of all convictions for dangerous driving.

Over the years data has been collected that tells us a lot about the difference in driving behaviour for men and women.

Insurance companies use statistics to assess the risk and set insurance premiums. Statistics gathered over many years show significant differences between the behaviour of male and female drivers. On average women driver shorter distances On average women have lower mileage Women tend to drive more carefully Men tend to drive faster and more recklessly Men make more expensive insurance claims than women Women’s accidents tend to be minor compared to men

Lady drivers tend to drive slower, more carefully and shorter distances than men. This gives them less opportunity to be involved in car accidents on the roads.  However, it is not just gender that determines your motor insurance policy.  For instance, young women drivers are still inexperienced so will be more expensive to insure. Conversely, they will pay less than young male drivers the same age.

Recently insurance companies have come under fire for charging women less for car insurance based on gender discrimination.  The European Union debated whether women paying for cheaper car insurance is unfair.  However it was ruled that cheaper car insurance for women is based on statistics and not discrimination against men. MPs were eventually convinced that amending the Directive to allow gender to remain a factor when calculating insurance premiums would ensure women continue to pay a fair price.

Young female drivers are much less likely to be involved in an accident than boys the same age, so it is unfair that they should pay the same as males.