Home | Finance | Insurance | Auto

Vehicle Insurance For Women - Less Expensive Or Not?|Women's Car Insurance - Less expensive Or Not?|Is Vehicle Insurance Less Expensive For Women Than

By: Jullienne Queen

Read More About Auto

Historically, the insurance industry has used certain data from customer's gender and age to decide the premiums to charge. In some cass, using this data places a burden on certain drivers to pay more for insurance than others. A common misconception held that men were better drivers than women resulting in higher premium car insurance for women.

This misconception is largely a fabled part of the past since insurance providers are now more competitive and more informed to the fact that women are equally, and in some case more responsible than men when it comes to driving.

The old adage that men are better drivers than women has made many to believe that car insurance for women is higher. In reality that is not the case, a recent study conducted by Carnegie-Mellon University shows otherwise when it comes to the battle of the sexes on the road. A result of the data was that a man has a 50% greater chance than a woman to be involved in a fatal accident.

While in another independent study, almost 65% of men had no traffic citations, while the figure for women was almost 70%. Men also showed that they have more traffic violations than women do when asked how many citations they have ever received. In each study, men had 10% more violations than women did.

Since the insurance companies are aware that women are lower risk, many insurance companies gear specific programs toward car insurance for women. This eliminates the possibility that a woman will pay a higher rate than a man will simply because of her gender. These insurance companies have set up special individual companies to provide and underwrite car insurance for women only.

If you believe that car insurance for women is higher, you should consider the fact the insurance companies target young men as the riskiest of drivers. You can simply find out how your rates compare to other drivers by checking out a free web quote offered by may insurance companies. Comparing quotes will reveal the fact that car insurance for women is actually lower than that same policy for men.

Although the general perception may be that women are worse drivers than men are, the insurance companies that underwrite car insurance for women do not necessarily reflect this. However, gender is only one factor used in arriving at the premium charged by an insurance company, since demographics are also an important consideration. However, if you are a woman it is to your advantage that premiums are, commonly, lower than a similar male with similar driving patterns.

Article Source: http://depositarticles.com/

Check out additional articles on discount car insurance and buy car insurance

Please Rate this Article

 

Not yet Rated

Click the XML Icon Above to Receive Auto Articles Via RSS!
Additional Articles From - Home | Finance | Insurance | Auto
Sign Up for a free account.
Our other websites
All about SEO
Beauty Tips Forum
Submit Articles
Member Login
Link Us
Submission Guidelines
Ezine Notifications
Article RSS Feeds
Sitemap
New Stuff
About Us
Developer
Good shopping portal
Link to Us
Contact Us
Privacy Policy
Terms of Service

counter easy hit

Powered by Article Dashboard