Did you know that studies show women are safer, less risky drivers than men? While this may not surprise you, it may make you happy to know that women enjoy lower car insurance rates than men do. Because of the statistical differences between male and female drivers, car insurance companies see women as less of a risk to them than men. This makes car insurance for women cheaper than car insurance for men.
However, these car insurance price differences only really occur between the ages of 16- 25. After that time period, car insurance for women costs about the same as it does for men.
Between the ages of 16 and 25 males are statistically more likely to drive under the influence, be reckless behind the wheel, drive faster, and not wear a seatbelt. Auto insurance companies look at all these statistics and more to come to the conclusion that females between these ages are less risky to insure than males between these ages. This makes car insurance for women cheaper than for men.
It is important to remember that not every auto insurance company evaluates risk factors in the same exact way, making it crucial to shop around to find the best car insurance for women and men.
Here are some other facts that influence car insurance rates:
- Age
- Location
- Vehicle
- Claims History
- Driving Record
- Credit Score
Take a few minutes now to shop around and compare car insurance rates now! Whether you are looking for car insurance for women or men, it is always smart to shop around and compare quotes before buying!
Use our free car insurance quote finder now to find the auto insurance policy you need!