ALL >> Insurance >> View Article
Is It True That Men File More Insurance Claims Than Women?
We all know that there's a war between sexes on who are better drivers, men or women? And as men are claiming to be far better at the wheel the statistics are actually on the opposite side. The National Highway Traffic Safety Administration's Report dated 2004 notes men being involved in 27,000 more fatal accidents, 432,000 more injury accidents and 1,369,000 more incidents with damaged property, resulting in total 1,828,000 more insurance claims filed by men in 2004 only. And since then the trend hasn't changed.
And it's hard to tell that the most risky drivers - men younger than 25 years old - are contributing to these statistics. These are actually men of all age groups.
As an insurance agent from Ohio, Brad Vermillion has stated: "Men are more aggressive in their very nature and pursue a riskier attitude when driving a car. You see a man not wearing a seat belt, speeding and driving under influence far more often than a woman. The amount of miles driven throughout the lifetime is also quite higher with men than with women, which of course means a greater risk of being involved in a traffic accident and filing ...
... an insurance claim. The less you drive the safer you are.
A righteous question rises consequently, whether do insurance companies take into account the statistics provided by the NHTSA and other organizations? "Insurers know about such statistics very well and they are reflected in their pricing guidelines," stated Vermillion. "A man will always pay a higher auto insurance premium than a woman, even if he lives in a safe area and has a perfect driving and credit record."
But the overall trend has started to shift in recent years, making the gap between men and women smaller in what concerns auto insurance premiums. "The last couple of years have shown more and more women driving at longer distances and for more extended periods of time. This results from a wider access to cars among women and more intense and active lifestyle attitudes, forcing women to move around a lot more than in previous years," states Dave Roush, CEO of Insurance.com. "Women spend more time behind the wheel and raise the stress levels, which inevitably results in more aggressive attitude from women on the road. This trend is only starting to take shape and it's a matter of time to judge whether it will minimize the gap between men and women in what concerns auto insurance rates. But for now men are well ahead in this competition."
Add Comment
Insurance Articles
1. Explore Microsoft Software Solutions With Vexil InfotechAuthor: vexil infotech
2. Vexil Infotech: Your Trusted Partner For Nbfc Loan Management Software
Author: vexil infotech
3. Why Choose Business Loans Over Other Options?
Author: Capital Business
4. A Comparative Analysis Of Dedicated Piccolo And Home Insurance Plans
Author: musicinstrumentsins
5. Common Perils Faced By String Instrument Owners
Author: victor12johnson
6. The Strategic Importance Of Financial Advisory In India's Growing Economy: Trends, Challenges, And Future Prospects
Author: Drishti Desai
7. The Hidden Costs Of Health Insurance
Author: Algates Insurance
8. Explore The Journey Of Saxophone From Raw Brass To Musical Beauty
Author: micheljordan4
9. Comparing Comprehensive Home Insurance Plans: Tips For Uae Residents
Author: Stephan Rose
10. Oboe Vs. Bassoon - A Feud As Old As Time Itself
Author: musicinstrumentsins
11. Secure Your Inventory With Comprehensive Music Dealer Insurance
Author: victor12johnson
12. The Role Of Insurance In The Orchestra's Financial Harmony
Author: micheljordan4
13. How Ai Can Transform The Future Of Music?
Author: musicinstrumentsins
14. Mastering The Brass Player's Secret Weapon - The Embouchure
Author: victor12johnson
15. Term Life Insurance
Author: Bimastreet