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Cheap Car Insurance For Women Drivers

Although too many males feel it seems unfair, it is true that women are not as likely to claim on their car insurance as men. Studies have shown conclusively that men are not as safe behind the wheel mainly because they drive faster than women and are more likely to take risks, even though many females choose to drive cars with the most up-to-the-minute safety features.

It is for this reason that auto insurance companies are happy to give insurance policies to women than males as they know that there is less of a chance they will make an insurance claim. Men are also more likely to make larger claims on their insurance and even though the chances faced by women drivers are the same, their claims are virtually invariably lower. This is why women drivers can anticipate to receive anything up to almost a third off an equivalent policy for a man who had similar profile to that of the woman.

Women usually drive slower than males and so accidents caused by lady drivers are not as serious therefore in most examples the claims are lower ensuring underwriters pay out less; lowering rates. Men on the other hand are more likely to drive beyond the speed limit and when an accident occurs it causes more damage to both vehicles involved meaning insurance suppliers are at greater risk financially. Women are even considered to be a better risk even when they have only just passed their driving exam.

In view of this, a number of specialist auto insurers will only sell their auto insurance plans to females with no males allowed, not even husbands. They are just working with the statistics and believe that having a man on the policy will just increase the chances of a big claim meaning that rates will have to rise.

some of these underwriters find the only way they can increase their overall profits is by having a large number of members because the price of rates are lower, their profit margin is correspondingly less. If you are a woman then you really need to get a quote for a lady’s car insurance policy preferably one that includes legal cover as well as it will help to claim back any excess from the third party in the event of a non-fault claim. It is always possible to obtain further reductions in the premium by fitting anti-theft devices and parking in a secure garage when not in use.

It is worth noting that auto insurers that only insure females drivers are often small and cannot invariably offer the same discounts as bigger companies that do not have ladies only policies. As the costs surrounding insurance generally continue to spiral upwards, it would be a good idea to go online and apply for quotes from a number of underwriters, even if they are not females drivers only.