Why Do Car Insurance Companies Offer Women Driver Cheaper Deals?

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Anonymous Profile
Anonymous answered
I think its a load of rubbish... Its extremely sexist. Men should be treated the same.
Anonymous Profile
Anonymous answered
I'm fed up with this also. This women get cheaper car insurance because they are better drivers.    I work in th industry so I know what I'm talking about - and I will tell you some truths about  all this.    1. Women drive less miles than men  2. Women drive less expensive cars than men  3. Women drive more slowly than men  4. Women are less likely to be professional drivers (trucks, buses, taxis, chaffeurs, pursuit drivers, rally drivers etc)  5. Women tend to avoid driving in the dark and in poor weather conditions  6. Women tend to avoid back roads and lanes (where a lot of accidents occur)  7. Women tend not to do the driving when towing (i.e caravans, boats, gliders etc)    The insurance company knows all this, so even although women are almost TWICE as likely to have an accident, they tend to be much cheaper and less serious "low impact crashes".    Now must people know all this - what they might not know is insurance companies know women, once they have taken up a policy, will tend to stick with that insurance provider for a long time. They are offererd cheaper policies up front but tend to pay ****MORE**** over the lifespan of their time with that policy provider due to:    1. Frequest loss of No Claims Bonus for a minor scrapes  2. More likely to pay up without a fight  3. Less likely to shop around (once policy is purchased)  4. Less likely to query a small rise in premium  5. More likely to pay a higher Excess in the first instance    Women are very poor drivers - but a little bit slower and safer. And as a point of fact women usually take almost TWICE as many driving lessons as men in order to actually pass their tests.    Now, us men know all this and can work it out quite easily - still if it keeps women happy to let them dream...
Anonymous Profile
Anonymous answered
Sorry chaps, it's true: women really are better drivers. Or, at least, they are in the eyes of the insurance companies who have the statistics and claims pay out figures to back it up.

It's not really that women are better drivers or have fewer accidents per se; it's that the accidents they are involved in costs insurance companies much less to put right. The type of road accidents involving men tend to involve speed and be more serious whereas accidents of women drivers are normally much less dramatic and at slower speeds. But let's not get into a debate that features the words 'rubbish at parking'

For purely risk costs reasons, then, insurance companies favour women drivers. In some cases, the degree to which female motorists are favoured over their male counterpart can be quite startling. For example, a seventeen year old male would find his policy quotes substantially more expensive than those received by his twin sister. In general, though, the difference in premiums between males and female drivers does decrease with age.

Unsurprisingly, car insurance companies are keen to attract female drivers, hence the lower premiums demanded and the emergence of women-only insurance companies.
Anonymous Profile
Anonymous answered
Women want to be equal according to feminists? So then why are they having cheap car insurance, surly it is sexist and completely rules out the treating equally rule? Men should not all be tarred with same brush, fair enough there is a lot of men who do drive like complete and utter t**ts but there is women who also do this, its effecting the young drivers especially and I fall under this category fair enough the insurance should be high at first but not stupid prices like what I'm getting for a 1.2 clio £2500-3500 and I'm 19!! But I suppose it is down to the young d**kheads who find it appropriate to drive like loonaticks and crash their car all in aid to try and pull some orange faced s**g who has probably already slept with their mates. It really gets me mad :@
Swati Pawar Profile
Swati Pawar , Turtlemint, answered

In India, atleast in the insurance plans I have compared and checked, I did not see any such difference in the car insurance plans of women. Car insurance depends a lot of your previous history. If you are someone who has claimed a lot in the past and have been in accidents, then your insurance premium will be higher in general. This is true for all regardless of the gender. However, if you are still insure, you can check www.turtlemint.com. For car insurance when you enter the details of your car, you can buy a plan depending on your car details. If you are renewing your insurance, then you just need to upload your old policy document and you will get quotes.

Anonymous Profile
Anonymous answered
Statistically speaking, women as a group are safer drivers (and thus don't file as many insurance claims, which saves money for the insurance companies).
Anonymous Profile
Anonymous answered
Its a form of discrimination I'm a 17 year old boy and have just bought a citroen saxo, insurance £3000 and thats for third part only yet my sister who is 18 got fully comprehensive insurance for £1200 and thats for an 07 mini convertible.
Anonymous Profile
Anonymous answered
Insurance companies spend a lot of time researching driving patterns and yes, women have fewer accidents. It also depends on what age you are. And a woman who has had several accidents won't have better insurance, so take history into consideration.
www.cheapercarinsurance.com

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