Compare Women’s Car Insurance – Why Is It Cheaper Than Men’s?

In a direct comparison of similar drivers, the fairer sex can expect anything up to £300 less on their car insurance, which is almost incomparable. Women’s auto insurance benefits from specialist insurers that only deal with female drivers. However, the niche market is growing as insurers base their rates on purely statistical risk, and women’s risk is much lower than their male counterparts.

When insurers make a trade-off about the price of their auto insurance, the factors they take into account will adjust the variable price. These factors include the make of the car, the age of the car, the specification of the vehicle, the age of the driver, the geographic location, but perhaps most importantly the gender of the driver.

Of all the variables, gender is one of the most important that determines the overall price when you compare car insurance for women with that for men. Of course, it’s no coincidence that women also tend to choose more modest cars with smaller engine sizes and lower specifications.

The cars that do not emphasize high performance are usually cars with more abundant and cheap replacement parts, cheaper labor to repair and easier to repair bodywork. Taking these factors into account, any car insurance policy would become cheaper, not just for women.

However, statistics show that when comparing the sexes, men are far more likely to break the law in their cars than women. About 90 percent of all driving bans and convictions in Britain are attributable to male drivers, which speaks volumes for car insurers looking for prudent drivers.

Although women have fewer convictions than men, the number of insurance claims they file is roughly equal to that of men. What’s interesting is that when you compare women’s car insurance claims to men’s, there’s a huge difference in costs on average.

Even if women have an accident and make a claim on their car insurance, their costs are statistically much lower than when men claim. This is not only due to the difference in the cars that are driven, but also to the seriousness of the damage when men and women drive.

In general, women drive slower, safer and with more concentration than men, which means they have fewer convictions, but also why repair costs are much lower on average when they have accidents.