You and your husband head to the local car insurance company to get a new policy for your vehicles. What you may be surprised to find is that even with the same policy and the same features, yours will be cheaper than your husbands. But why is it that cheap car insurance for women is virtually a given?
While it doesn’t seem fair, there is a simple reason behind this according to autos.com. Women cost insurance companies less when it comes to accidents and other claims and are therefore much less of a risk on the roads. There’s always the saying that women are horrible drivers, but in actuality women are the safe ones behind the wheel.
When looking at the statistics, car accidents do vary from year to year with men and women going neck and neck with regard to the number of accidents. However, when looking at the severity of those accidents things change. Typically, women cause less damage in accidents then men.
Cheap car insurance for women also comes with the fact that statistically men drive faster and more recklessly than women. As a result, this leads to serious accidents and serious dollar damage on the road. Women typically find themselves involved in fender-benders that cost far less to repair.
In addition, it has been found that men are more likely to get into an alcohol-related accident on the road. Male DUI numbers are typically far greater than women’s which in turn also leads to cheap car insurance for women.
It is important to note that all of this is the average, not the case every time. There are a lot of dangerous women drivers on the road causing one accident after another or those who have piled up a number of DUI’s. But on average, it is the male who is at higher risk on the road than the female.
There is no denying the fact that car insurance companies are in the business of risk assessment. If they feel you are a high risk driver behind the wheel, they are going to jack up the price to cover themselves. But if you have few to no traffic violations whatsoever, you will be able to get a much more affordable policy.
Because of this, cheap car insurance for women is typically the norm because of the good track record to date. But if you’re a woman that piles up the tickets quickly, expect to see your rates increase drastically in no time.