Cheap Car Insurance for Women

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Cheap car insurance for woman. If you are looking for cheap car insurance for women, you will find a lot of useful information on this page. You can also compare cheap auto insurance quotes from various providers.

To begin simply submit your Zip Code at the top of this page. If you want to find out why women pay less than men for car insurance, continue reading this article. Cheap car insurance for woman:

Gender is an Important Factor

There is perhaps no bigger game of risk and calculation than shopping for car insurance quotes from the nation’s biggest companies.

Using roughly a century of data about how people drive, where they drive to, and how likely they are to get a ticket, wear a seat belt, or get into an accident, insurance companies levy monthly premiums that vary between customers based on gender, age, and more.

These rates are often full of discounts, too, for things like safe driving, defensive driving education, and even good grades.

Amid all of the discounts given for “good behavior” on the road and in the classroom, there’s one major discount that most insurers don’t really talk about. That discount is the one given to female drivers who request an insurance policy.

In virtually every case, car insurance for women involves lower monthly insurance premiums than the rates given to male drivers. That even rings true when compared to a male driver of the same age, income level, and number of years on the road as a licensed driver.

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The reason for this pretty big gender gap in insurance premium rates is actually pretty obvious. In study after study, statistical analysis after statistical analysis, women are proven better at driving and avoiding accidents.

And, because an insurance company’s rate is largely a risk-based calculation, the lower risk associated with women drivers grants them access to the best car insurance premiums available.

In New York, More Pedestrian Deaths are Caused by Male Drivers

In one of the most unique safety-related studies to take place in the past several decades, a recent study based in New York City has actually shown that women are better at driving in urban environments.

The study was conducted in all five of New York’s boroughs, and every accident was logged in terms of the driver’s age, the pedestrian’s age, and how those two things line up.

The study conclusively showed that, as far as city streets are concerned, it’s bad to be both a male driver or a male pedestrian.

A stunning 80 percent of all pedestrian-related automobile accidents in the Big Apple were caused by male drivers of all ages; and, of the people who happened to be hit by a car while crossing the street, the most common victim was a male under the age of 64.

In this case, the study proved that not only do men have a tendency to be unsafe behind the wheel, but they also have a tendency to be safe in front of it. Insurance companies quickly took notice, offering cheap car insurance for lady drivers that soundly beat the prices offered to men.

Men Take More Risks on the Road than Women Do

This might come as no surprise, especially given the male fascination with sports cars, roadsters, and testing the limits of speed restrictions, but female drivers have been shown to shy away from risks on the road more than men.

Of those drivers with a clean driving record, 68 percent were female. Only 64 percent of male drivers had a similarly clean record.

When traffic tickets and moving violations were factored into the study, analysts found that 30 percent of women have between 1 and 3 tickets, while 33 percent of men fall into the same category.

For extremely risky drivers, four or more tickets were lodged by only 2 percent of women drivers; 3 percent of male drivers had four or more violations. Female car insurance premiums, then, are a direct reflection of their tendency to be far safer on the road.

Summer is Bad for Male Drivers

While women drivers tend to remain consistent throughout the year in terms of their violations, accident claims, and other risky behavior, men actually experience seasonal fluctuations.

A major study conducted by Sheilas’ Wheels Insurance Company found that, quite consistently, men experience a spike in summertime accident-related insurance claim.

In fact, men increase their accident-related filing by a full 16 percent between May and September, while women remain relatively consistent between the seasons.

This tendency to not only remain safe, but to be consistent with driving habits, is another key reason why many insurance companies offer cheap car insurance for women — even while they charge men more.

Beyond the Gender Gap: How to Score Low Insurance Rates

The studies mentioned above are clear indicators that women are doing something right.

Their use of greater caution on the road, and their tendency to follow the rules of the road more consistently, have allowed them to get into fewer accidents each year than their counterparts of the opposite gender.

But, even though it’s great to note the differences between the genders when discussing insurance rates, there’s more to the equation than someone’s estrogen or testosterone levels.

While a key part of the equation used to calculate the cost of car insurance for women involves the risk associated with many different types of drivers, competition between the major insurance companies nationwide is another great way that rates are lowered.

These companies are constantly battling for new business, hoping to lure people form the competition by promising greater discounts, more forgiving policies in case of an accident.

And a better overall customer experience as it involves the sales and support staff employed by the company.

To that end, the best bet for consumers of both genders is to invoke the use of an online insurance comparison tool. These convenient tools collect a great deal of personal information, including driving records and vehicle information, and then submit it to each of the major insurers nationwide.

That data is then processed by each insurance company separately, and a quote is returned to the customer in just a few seconds.

This is where the real opportunity for savings occurs, for both male and female drivers. Insurance company quotes can largely be viewed side-by-side, or at least in rapid succession.

Those quotes list things like the policy’s deductibles, the percentage of discounts, and any other special programs a customer qualifies for.

When it comes to finding the cheapest auto insurance for women, this online tool is really the icing on the cake.

Already low insurance rates are further lowered when companies are forced to compete, and that benefits drivers immensely over the term of their new automobile insurance policy. (*)