Club Veracity

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 insurance 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 old adage that men are better drivers than women has made many to believe that car insurance for women is higher. 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. A result of the data was that a man has a 50% greater chance than a woman to be involved in a fatal accident.

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.

Since the insurance companies are aware that women are lower risk, many insurance companies gear specific programs toward car insurance for women. This eliminates the possibility that a woman will pay a higher rate than a man will simply because of her gender. As a result of the special car insurance for women programs, Insurance companies are making their products more practical and affordable all their customers.

If you believe that car insurance for women is higher, you should consider the fact the insurance companies target young men as the riskiest of drivers. You can simply find out how your rates compare to other drivers by checking out a free web quote offered by may insurance companies. Comparing quotes will reveal the fact that car insurance for women is actually lower than that same policy for men.

In spite of the fact many may believe men are better drivers than women, the insurers writing the policies do not subscribe to this theory. However, gender is only one factor used in arriving at the premium charged by an insurance company, since demographics are also an important consideration.