LauxMonte50
Women's car insurance has been showing up throughout the web and our TV screens recently. There's an entire new class of insurers like Sheila's Wheels and Cover Girl who offer motor insurance for females only. They offer lower payments for women motorists because, they claim, it's cheaper for them to guarantee women. Women are better drivers therefore a lesser chance, they say. They have fewer mishaps, fewer driving convictions and when they do have an, the repairs are generally cheaper. Therefore, is it really true, or is it yet another marketing trick?
The clear answer to the issue is both yes and no. Women only insurance companies are advertising to a particular market - women drivers. Obviously it is a device, but like the most readily useful advertising jokes, it is located in truth. Here are the facts about women drivers and insurance:
-92% of driving convictions are handed out to men.
As women become more aggressive drivers, these numbers are changing, though. According to statistics collected by the vehicle insurance assessment website confused.com, 16.8% of male drivers have convictions on their driving record, when compared with 9.8% of female drivers. That number is up from 4.8% of female drivers just 3 years ago.
-Men drive differently than women.
This past year a huge 98% of dangerous driving convictions were given out to male drivers. According to all the research, men tend to be more aggressive and competitive when driving than women, and that naturally results in more incidents. Women tend to drive more slowly - broadly speaking within the speed limits - and to drive shorter distances. All of those details soon add up to fewer incidents that involve women. (So much for those jokes about bad women drivers. The statistics say otherwise.)
-Insurance organizations spend out less in damages for policies taken out by women.
They are usually of the fender-bender scrape variety, when women do get into an incident. Overall, insurance firms have always known that female individuals cost less to them in winnings.
However, that doesn't of necessity translate to the best costs from organizations that only ensure women. In reality, many provide actual quotes that are greater than the price you'd be quoted from a more common motor insurance company. The simple truth is that despite the widespread sentiment that women drivers underwrite their more costly male counterparts by paying higher insurance, many insurance companies offer lower insurance costs to female drivers as a customary part of conducting business.
That is not to say that you'll not have the most useful value from an insurer who only insures women's cars. Underneath line may be the identical to it's with every other auto insurance decision. Check around. Before you decide on the plan that's best for you get insurance price estimates from a number of different organizations. Bear in mind when you're evaluating policies that you should compare like with like. Choose the specific cover that you need before you start requesting rates, and make sure that the price you are quoted includes all of the cover you need. It's really the only solution to be sure you're having the best address for your money. team
