What Is So Special About Womens Car Insurance? by :
Davidhill
Women drivers have a reputation on the road, although it really depends who you are talking to as to what that reputation is. Other drivers, male drivers, on the road are constantly bemoaning the bad women drivers out there that do not drive off at an acceptable speed (within the limit). However, car insurance providers love them because they do tend to have several advantages over their male counterparts. This is one reason as to why womens car insurance is generally cheaper than the same level of insurance for male drivers. There are several reasons why this is so in the eyes of insurers. However, it is necessary to look into the financial and practical reasons as to why car insurance quotes are cheaper for women than men. The former can best be explained by the case of Mr and Mrs Bickley from a small village in the West Midlands. Their brand new Ford Focus needed insuring and so they both set about getting quotes. 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. To find the best deals, they both got separate quotes from two insurers - CIS and E-Sure. When both obtained the car insurance quotes, they found that Mrs Bickley would have to pay 107 less than her husband despite the fact that she had a years less no claims bonus! Women receive lower car insurance quotes than men because they tend to have fewer serious accidents than men. In fact, they statistically have fewer accidents in general, and fewer claims as a result. Fewer claims ultimately mean that the individual insurer is far less likely to have to pay out high amounts and thus have a greater profit. This profit is passed on to the woman in the form of a discount! Speed is also an issue because men do tend to drive at higher speeds than women, which is a proven fact given that more men get in trouble with the police for driving related offences. They also tend to get distracted much more easily. 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 can also be found for a cheaper overall price because there are specialist providers for the female drivers out there. These insurers are exclusive. As such, women get more affordable cover over their male counterparts.
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