How many times have you brought up the issue of insurance premiums, only to hear the men in the room begin complaining about how unfair it is that women get lower rates than men? Did the men start mentioning how women can’t drive? Did they start telling you have they are perfect drivers and women are the reckless one? Have you ever felt that you had to defend yourself? If so, you may want to continue reading. This section is going to make the case of cheap car insurance for women. As you will see, women receive lower insurance rates because of facts, and not on some misguided assumption.
As proven by the numerous studies conducted by the various insurance companies, the fact is that per capita, women are in fewer accidents than men. Additionally, when women are in car accidents, there tends to be less fatalities and damage done than compared with men drivers. A large percentage of this is believed to be based on the tendency for males, especially young males, to driver aggressively.
As another example of this tendency, whenever you see a young person driving a high performance automobile, odds are that it is a young male driver. Very rarely will you see a young woman driver behind the wheel.
This leads to the fact that women tend to drive smaller, more practical cars. Additionally, women tend to drive significantly less (in terms of mileage) as compared to male drivers. A phenomenal example is when a family chooses to take a long road trip. The majority of the time, the husband will be the one who chooses to do the majority of the driving.
As further evidence of why women deserve to pay lower insurance premiums, the statistics prove that men cause significantly more vehicle related crimes than women. With that said, just because you are a male doesn’t mean that you are going to create a crime, but the statistics do prove men are in the larger share of vehicle related crimes.
If you think about, in general, women do tend to be more safety conscious and risk adverse than men. They are not as likely to perform car stunts or try to show off for their friends by doing something aggressive in the car.
Since the car insurance business is predicated on a risk/benefit ratio, it makes perfect sense to charge lower premiums to women since their accidents are considered “cheaper” and happen less frequently. Therefore the insurance companies are not being sexist or unfair to men, but are actually tending to their business properly.
As you have been shown, it makes perfect sense for women to have cheaper automobile insurance as compared to men. Hopefully, the next time the subject of insurance premiums come up, you will not have to defend yourself. But if you do, your audience will definitely be amazed at how well you articulate the insurance company’s rationale for cheaper car insurance for women.
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