Why is Womens Car Insurance Cheaper?
For many years women’s car insurance has been significantly cheaper than policies for male drivers. Whilst many men drivers are just as competent as female drivers, there are a number of reasons to explain motor insurance providers’ motives. Statistical data and various different studies have deduced that male and female drivers have differing driving records in relation to crash rates and insurance claims. The upshot of these results is that they demonstrate male drivers are more likely to be involved in a car accident and therefore claim on their motor insurance more frequently. Understandably, with women a significantly better insurance risk, car insurance providers are qualified to lower the rate of women’s motor insurance. There remain a number of gender differences when it comes to driving a car. Women drivers are regarded as ‘safer’ drivers. This does not necessarily mean that they are ‘better’ drivers – for car insurers, safety is their number one priority. Another significant
