Why Women Get The Best Deals On Insurance

By Author: Norris Rios
Total Articles: 572
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It's a strange fact of life but, when it comes to driving, men feel threatened by women. Ask the average man about how well women drive and you're likely to get a stream of negatives. Yet, when you ask the insurance industry, you get a completely opposite reply. On every factual test, women drive more safely than men and have way fewer accidents. Why is there this big disconnect?

It's rare to find a stereotype that's so far removed from reality. In most cases, myths and prejudices are quite limited in geography. Yet the willingness to mock women drivers travels around the world. Whether you're in China, India or the US, men refuse to allow women to drive them and make jokes about their poor driving skills. This goes far beyond the usual sexism and gender prejudices. It seems driving is such a deeply macho activity, women are not supposed to trespass into this male preserve.

So, how do we know driving is a male thing? Well, you only have to go on to the roads. Men drive fast and can be aggressive. It's like all drivers are in a race to get from A to B. That means never giving way, pushing the limit when it comes ...
... to overtaking, taking chances when approaching turns and junctions, and assuming laws and regulations do not apply. The result? More traffic accidents. More importantly, because the average speed coming into a collision is higher, more people are seriously injured and the damage to the vehicles is significantly greater.

All the evidence shows that women drive more slowly and obey all those annoying laws and regulations designed to maximize the chance of arriving at their destination in one piece. So even if a woman driver is unlucky enough to get into an accident, the lower speed and the defensive driving style means fewer injuries and less damage to the vehicles. Now add in some of those stereotypes. Women are more likely to buy less powerful cars. They are less interested in status and do not invest in babe magnets (sorry, that should be hunk magnets). So however an insurance company looks at the evidence, women drivers are less likely to be involved in serious accidents. That means their premiums are usually significantly lower than those payable by men of comparable age and driving experience.

So here's a simple statement of fact: women can pay lower premiums on their auto insurance than men! Is this fair? If you ask the majority of men, they would say, No!. They prefer everyone to pay the same so that safer women subsidize dangerous men. So many auto insurance policies group all drivers together and divide the risk between them. But if women shop around, they can get lower premiums. The best approach is to go online and use one of the standard search engines to get comparative quotes from all the leading insurers. At a glance, this lets women see the range of premiums offered. The best deals are offered by companies that have separate policies for women or safer drivers. Grouping safe drivers together means a lower total pay-out on claims is divided among the group members so all pay lower premiums. Women can make major saving when they buy their auto insurance online.