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Women's car insurance has been popping up all more than the net and our Tv screens lately. There's a whole new class of insurers like Sheila's Wheels and Cover Girl who provide automobile insurance coverage for ladies only. They promise reduced premiums for females drivers because, they claim, it's less expensive for them to insure girls. Ladies are better drivers so a decrease risk, they say. They have fewer accidents, fewer driving convictions and when they do have an accident, the repairs are usually less expensive. So, is it really accurate, or is it just an additional advertising gimmick?

The answer to the question is each yes and no. Women only insurance businesses are marketing to a distinct niche - girls drivers. Of program it is a gimmick, but like the very best advertising gimmicks, it is based in truth. Here are the details about females drivers and insurance:

-92% of driving convictions are handed out to men.

Those figures are altering, though, as women turn out to be more aggressive drivers. According to statistics gathered by the auto insurance coverage comparison internet site confused.com, 16.8% of male drivers have convictions on their driving record, compared to 9.8% of female drivers. That quantity is up from 4.8% of female drivers just 3 years ago.

-Guys drive in a different way than females.

A whopping 98% of unsafe driving convictions had been handed out to male drivers final year. According to all the study, guys tend to be more aggressive and competitive behind the wheel than women, and that naturally leads to more accidents. Females tend to drive a lot more slowly - generally within the speed limits - and to drive shorter distances. All of these facts add up to fewer accidents that involve girls. (So a lot for all those jokes about lousy women drivers. The statistics say otherwise.)

-Insurance firms pay out less in damages for policies taken out by females.

When ladies do get into an accident, they tend to be of the fender-bender scrape variety. Overall, insurance firms have constantly identified that female drivers cost them less in payouts.

Nonetheless, that doesn't necessarily translate to the lowest premiums from companies that only insure women. In truth, numerous of them offer you actual quotes that are greater than the rate you'd be quoted from a a lot more generic motor insurance coverage organization. The truth is that in spite of the widespread sentiment that girls drivers underwrite their more costly male counterparts by paying higher insurance, most insurance companies offer you decrease insurance prices to female drivers as a customary part of performing organization.

That is not to say that you won't get the very best cost from an insurer who only insures women's automobiles. The bottom line is the very same as it is with any other auto insurance coverage decision. Shop around. Get insurance rate quotes from a number of various organizations ahead of you make a decision on the policy that is finest for you. Maintain in mind when you are comparing policies that you really should constantly compare like with like. Decide on the specific cover that you want before you commence requesting quotes, and make positive that the rate you happen to be quoted includes all the cover you need to have. It really is actually the only way to be totally certain you are finding the best cover for your income. rate us