Womens Cheap Car Insurance

What Women Should Know About Buying Car Insurance

Car insurance companies offer cheaper rates to women compared to their male counterparts.  Before you decide this is purely sexist, consider reading the rest of this article.  If you are a woman driver, this advice is especially tailored to you.

Purchasing Auto Insurance

The statistics published by the Insurance Institute for Highway Safety (IIHS) indicate clearly why car insurance companies offer women’s cheap car insurance.  Consider the following from the IIHS’s statistics:

  • Women drivers are involved in less car accidents than men.
  • They are less ticketed for speeding and other moving violations.
  • Male car accident casualties outnumber those of women.
  • Women drivers wear their seat-belts more often.
  • Women drivers do not drive as fast as their male counterparts resulting in less damage and injuries during accidents.

It seems to follow that insuring women drivers is a less risky proposition…make sense?

However, at the other side of the coin is a IIHS report indicating that women are becoming more aggressive at the wheel.  Recent statistics reveal that the number of women motorists dying in vehicular accidents increased 14% as compared to an 11% decline for male motorists for the same time frame.

If this trend continues, the favorable rates that women now enjoy may become a matter of history in the not so distant future.

Insurance Claims Services

Insurance companies take different approaches in handling auto insurance claims. It’s a matter of concern for women drivers that they are treated fairly when claiming their insurance benefits.

If you, as a woman driver, believe you are not being treated fairly by your insurance provider, you have every right to file a complaint with your state insurance regulator.  Please keep in mind that it may take an extra dose of patience to get the matter resolved to your satisfaction.

Tips for Buying Car Insurance

Here are a few tips for you to consider before making a decision to buy auto insurance.

1.Know the minimum amount your state requires for auto insurance. However, it would be to your benefit not to settle for the minimums.

2. Know at least the basics of the different types of insurance cover. This may require a little homework on your part, but a basic knowledge of the differences between liability, collision and comprehensive coverage will certainly help in making prudent coverage decisions.

3. Ask for discounts. If you are a good driver, an excellent student, a senior citizen, a non-smoker, or if you purchase another type of insurance from the same company, you may be entitled to discounts.

4. Consider raising your deductibles to save money.

5. Do a little research on claims handling practices.

6. Know that buying online may result in a much better deal.

7. Lastly, take time to read your policy…before you buy.