November 24th, 2009

Car insurance companies prefer lady drivers to their gentlemen counterparts because they are considered as much less risky drivers. It is not that the accident rates of ladies are low. They usually face as many accidents as most men do. However, the damage caused by them is not as much in most of the cases. So, their claims after the accident are also less. It is the main reason why on average women’s car insurance premiums tend to be lot lesser than those fo their male counterparts. You may learn more about online car insurance today and get your online car insurance quotes now.

They drive at speeds lower than men. Hence, accidents caused by lady drivers are not serious. So, even if they might claim as often as males do yet, in all they claim less amounts, giving insurers lesser premiums. Since male motorists prefer to drive at ultra higher speeds so even if they crash on their own, the loss is very high. In some cases, the accident involbes two vehicles in high damage state, it also becomes an insurance company’s dilemma. 

A lady is regarded to be a better risk right from the age of 17. There are many premium discounts available for a young lady driver, like pass plus certificate. It is a series of extra lessons learned that a young lady driver learns following their tests. It can gain you a discount of around 30% for the first year.

Some online car insurance companies specialise in auto insurance for lady drivers. Literally, these companies attempt to insure lady drivers alone. They don’t even encourage getting a lady insured with her husband under combined policy. Because they can’t give too much discount, as they have to think about her husband’s high risk factors as well. So, they will most likely prefer woman with men. It means providing less risk in total, meaning lower premiums in total. That really clicks for them.   

So, the calculation is simple – the lower premiums might mean that they don’t make much profit. However, if they can get as many women as possible, then the volume of business can go high. Look out these companies if you are a woman. Lady car insurance quote includes legal cover as well. It helps you to claim back your excess from the third party in the event of a non-fault claim. You can further lower your premium by parking your car overnight in the garage, by getting extra driving license course, and maintaining a good driving record.

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