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Women's car insurance has been showing up all around the web and our TV screens currently. There's a complete new class of providers like Sheila's Wheels and Cover Girl who provide car insurance for women only. They offer lower premiums for women motorists because, they claim, it's cheaper for them to insure women. Women are better people so a lower chance, they say. They have fewer accidents, fewer driving convictions and when they do have an, the repairs usually are cheaper. So, is it actually true, or is it yet another marketing device?
The answer to the problem is both yes and no. Women only insurance firms are marketing to a specific market - women drivers. Obviously it is a device, but like the best marketing jokes, it is based in reality. Listed here are the facts about women drivers and insurance:
-92% of driving convictions are handed out to men.
Those numbers are changing, though, as women be more aggressive people. In accordance with statistics collected by the automobile insurance evaluation website confused.com, 16.8% of male drivers have convictions on the driving record, when compared with 9.8% of female drivers. That number is up from 4.8% of female drivers only 36 months before.
-Men drive differently than women.
A huge 98% of dangerous driving beliefs were passed out to male individuals last year. According to all the research, men are generally more aggressive and competitive behind the wheel than women, and that naturally leads to more incidents. Women have a tendency to drive more slowly - broadly speaking within the speed limits - and to drive shorter distances. All those details total up to fewer injuries that involve women. (So much for anyone jokes about poor women drivers. The data say otherwise.)
-Insurance companies pay out less in damages for policies taken out by women.
When women do get into a crash, they are usually of the fender-bender scrape variety. Total, insurance firms have always known that female individuals cost them less in winnings.
Nevertheless, that does not fundamentally translate to the lowest premiums from companies that just cover women. In reality, many of them provide true prices that are greater than the price you'd be estimated from the more general motor insurance provider. The stark reality is that despite the common sentiment that girls drivers underwrite their more expensive male counterparts by paying higher insurance, most insurance companies offer lower insurance rates to female drivers as a normal section of doing business.
That is not to state that you'll not obtain the best value from an insurer who only protects women's cars. The bottom line may be the just like it is with any other car insurance decision. Shop around. Get insurance rate quotes from the quantity of different companies before you decide on the plan that is best for you. Keep in mind when you're comparing procedures that you should compare like with like. Decide on the particular cover that you want before you start seeking rates, and ensure that the price you're quoted includes all of the cover you need. It's the only real method to be very sure you're getting the most readily useful cover for the money. Tables - Some New Ideas: Lowest Auto Insurance coverage Quote### - yam????
