Car insurance for Women Drivers

Auto insurance companies prefer female drivers to their male counterparts because they are considered much safer drivers. It is not that the accident rates of women are low. They face as many accidents as males do. However, the damage caused by them is not as much in most of the cases. So, their claims after the accident are also less. That is why on an average women’s car insurance premiums tend to be 30% lower than that of the male counterparts having same demographic profile.

They drive at speeds lower than men. Hence, accidents caused by women drivers are not as serious. So, even if they might claim as often as males do, yet all in all they claim lesser amounts, giving insurers lesser premiums. Since the male drivers tend to drive at higher speeds, so if they crash on their own, the loss is higher. In such a case, when accident involves two vehicles in high damage state, it becomes an insurance company’s nightmare.

A women is regarded to be a better risk right from the age of 17. There are many premium discounts available for a young female driver, like pass plus certificate. It is a series of extra lessons that a young female driver learns following their test. It can gain you a discount of around 30% for the first year. Some car insurance companies specialise in auto insurance for women drivers. Literally, these companies try to insure women drivers only. They don’t even encourage getting a women insured with her husband under combined policy.

Because they can’t give too much discount, as they have to think about her husband’s high risk factors as well. So, they would prefer woman with woman. It means providing less risk in total, meaning lower premiums in total. That really clicks for them. So, the calculation is simple - the lower premiums might mean that they don't make much profit. However, if they can get as many women as possible, then the volume of business can make up for that. 

You may want to seek out these companies if you are a woman. Female car insurance quotes includes legal cover as well. It helps you to claim back your excess from the third party in the event of a non-fault claim. You can further lower your premium by parking your car overnight in the garage, by taking extra driving license's courses, and maintaining a good driving record.