Why are there separate car insurance providers for women?
Simply put, women have a better driving record than men. According to Home Office statistics released in 2004, men are responsible for nine times as many motoring offences as women. Indeed men are guilty of a staggering 975 of dangerous driving offences and 94% of accidents causing death or bodily harm. Admittedly, statistics are skewed in favour of women in that men drive more miles on average and more men drive overall – meaning there are more opportunities to be involved in an accident. Nevertheless, the statistics are overwhelming – men tend to drive more powerful cars and take more risks behind the wheel. Consequently they are a bigger risk to insurers and as such a number of female only car insurance providers have emerged which state they can offer savings to women due to the lower risk they present and the fewer number of claims they have to pay out on.
