Is Car Insurance For Women Higher

Historically, the insurance industry has used certain data from customer’s gender and age to decide the premiums to charge. This practice has resulted in those in higher risk categories, as defined by the industry, to pay more for their inusrance coverage. At one time the belief that men are better at driving than women, may have been the motivating factor behind higher premium car insurance for women.

The division of classes for car insurance for women and men, are mostly a thing of the past especially since the insurance industry is well-informed and more competitive regarding the differences in women and men drivers, showing women are, in most cases, just as safe as their male counterparts.

The cliché that women are not as good drivers as men has led some people to believe that car insurance for women is more expensive. 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. This study concluded that men are two times more likely to be involved in a traffic fatality than women.

Further evidence from the insurance industry revealed that while 68% of women have no traffic violations, men who have never received a traffic violation is only 64%. An additional result of the study was the amount of multiple violations. The question revealed that men have received multiple citations 10% more often than women.

An attempt to level out the premium differences between men and women has prompted several insurance providers to cater specifically to car insurance for women. This increases the opportunity that women will pay a lower premium than men. By setting up special programs, these companies are becoming more viable in providing car insurance for women.

Regardless of the popular opinion being car insurance for women is more costly, through research and practical studies, the insurance industry has determined the riskiest of drivers are the 18-25 year old male population. You can simply find out how your rates compare to other drivers by checking out a free web quote offered by may insurance companies. You will find that car insurance for women is in most cases less than the same class 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. Although insurance providers use demographics and gender as a consideration, the mere fact that one is a man or woman is only one factor in determining the amount of that person’s premium.