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Car Insurance For Lady Drivers
by Joseph Kenny
Car insurance companies prefer lady drivers to their gentlemen counterparts
because they are considered as much less risky drivers. It is not that the
accident rates of ladies are low. They face as many accidents as males do.
However, the damage caused by them is not as much in most of the cases. So,
their claims after the accident are also less. That is why on an average women’s
car insurance premiums tend to be 30% lower than that of the male counterparts
having same demographic profile.
They drive at speeds lower than men. Hence, accidents caused by lady drivers are
not serious. So, even if they might claim as often as males do yet, in all they
claim less amounts, giving insurers lesser premiums. Since the male drivers
drive at higher speeds so even if they crash on their own, the loss is high. In
case, the accident involves two vehicles in high damage state, it becomes an
insurance company’s nightmare.
A lady is regarded to be a better risk right from the age of 17. There are many
premium discounts available for a young lady driver, like pass plus certificate.
It is a series of extra lessons that a young lady driver learns following their
test. It can gain you a discount of around 30% for the first year.
Some car insurance companies specialise in auto insurance for women drivers.
Literally, these companies try to insure women drivers only. They don’t even
encourage getting a lady insured with her husband under combined policy. Because
they can’t give too much discount, as they have to think about her husband’s
high risk factors as well. So, they would prefer woman with woman. It means
providing less risk in total, meaning lower premiums in total. That really
clicks for them.
So, the calculation is simple - the lower premiums might mean that they don't
make much profit. However, if they can get as many women as possible, then the
volume of business can go high. Look out these companies if you are a woman.
Lady car insurance quote includes legal cover as well. It helps you to claim
back your excess from the third party in the event of a non-fault claim. You can
further lower your premium by parking your car overnight in the garage, by
getting extra driving license course, and maintaining a good driving record.
About the Author:
Joseph Kenny is the webmaster of the insurance site http://www.insure121.com/
where you will find information, news and links to the leading providers of car
insurance http://www.insure121.com/uk-car-insurance.htm in the UK.
This article is reprinted with permission from www.WritingCareer.com |
