Why Can Women Drivers Often Get Cheaper Car Insurance?
Insurance is one of the highest costs of running a car, in most cases far outstripping the costs of fuel, taxes, and maintenance. This is especially true for younger and more inexperienced drivers, who can easily find that their annual premiums add up to the actual value of their car, even for a basic policy. If you’re a female driver, however, you might be able to take advantage of a special kind of policy which boasts lower premiums: women driver car insurance. Why is this? Well, insurance is all about risk. The insurance company works out how much the average customer is going to cost them in claims over the life of the policy, and sets the premiums high enough to cover this average amount and make a profit. To do this they need to find out which type of customers are likely to cost the most, and which ones represent the lowest risk. As you’d probably expect, young male drivers are the most likely to be involved in accidents, and so their premiums are often sky-high. Women are stati
