It is all too common to hear jokes about women drivers, but the fact is that insurance companies think women are less of a risk on the roadways than men. Whether young or old, the female driver pays consistently less than her counterparts, seemingly because the women are less inclined to bad driving habits.
Women are not as likely to get into bad driving habits as men. This is true for auto accidents, speeding, and other offenses. As women get older, the risky behavior gets rarer, and the associated insurance premiums will go down.
Not only are women a lower risk, they are also entitled to other discounts that are available to men, including being a safe driver and discounts based on what you do for a living. Young couples might be able to save money by listing the young woman as the primary driver, overcoming some of the risk associated with young male drivers.
For women, car insurance can be hundreds of dollars cheaper, based on a proven safe driving record and factors like a good credit score or owning the home you live in. Property and personal finances are what insurance is designed to protect, and it is important to have enough coverage to prevent you from being sued. Women can even get a car insurance discount if they have a Bachelorâ€™s degree or better.
If you are a woman and do not think you are getting the best prices, look for something better. Most people do not realize it, but you can change insurance companies whenever you want, as long as you give the insurance provider sufficient notice.
Finding the right insurance coverage can be challenging, but using online insurance quotes will make the job a little easier. You can enter the amount of coverage you want, answer a few demographic questions and have a custom insurance policy quote available to compare to other insurance companies.