Is Womens Car Insurance Just A Marketing Gimmick? 156922140462
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Women's vehicle insurance has been appearing all around the net and our TV screens lately. There is a complete new class of providers {go there|powered by|How To Get We're Listening To You like Sheila's Wheels and Cover Girl who provide auto insurance for females only. They offer lower payments for women motorists because, they claim, it's cheaper for them to ensure women. Women are better drivers therefore a lowered risk, they say. They have fewer accidents, fewer driving convictions and when they do have an, the repairs usually are cheaper. So, is it really true, or is it yet another marketing device?
The solution to the question is both yes and no. Women only insurance providers are marketing to a particular niche - women drivers. Obviously it is a trick, but such as the best marketing gimmicks, it's based in reality. Listed below are the important points about women drivers and insurance:
-92% of driving convictions are passed out to men.
These figures are changing, though, as women be aggressive drivers. According to data gathered by the car insurance evaluation website confused.com, 16.8% of male drivers have convictions on their driving record, compared to 9.8% of female drivers. That number is up from 4.8% of female drivers just 3 years ago.
-Men drive differently than women.
A massive 98% of dangerous driving convictions were passed out to male individuals a year ago. According to all the research, men tend to be competitive and more aggressive when driving than women, and that naturally contributes to more injuries. Women have a tendency to drive more slowly - generally speaking within the speed limits - and to drive shorter distances. All of those details soon add up to fewer accidents that involve women. (So much for all those jokes about awful women drivers. The statistics say otherwise.)
-Insurance companies pay out less in damages for policies taken out by women.
When women do enter an incident, they are generally of the fender-bender scrape variety. Total, insurance providers have always known that female individuals cost them less in winnings.
However, that doesn't fundamentally translate to the cheapest payments from companies that only insure women. Actually, many of them provide actual estimates which are greater than the price you'd be quoted from a more universal motor insurance carrier. The fact remains that despite the popular sentiment that girls drivers underwrite their more costly male counterparts by paying higher insurance, most insurance companies offer lower insurance rates to female drivers as a part of working.
That's not to say that you will not get the most readily useful price from an insurer who only ensures women's cars. The underside line could be the same as it is with every other car insurance decision. Look around. Before you choose the plan that is best for you get insurance rate quotes from a number of different companies. Bear in mind when you're comparing policies that you should always compare like with like. Choose the specific cover before you begin requesting prices that you need, and make certain that the price you are quoted includes all the cover you need. It is really the only way to be absolutely certain you're getting the best cover for your money.
