What makes car insurance for women cheaper?
If you have ever tried to quote for car insurance as a woman, or are aware of things going on in the European Union, you definitely know that car insurance for women is always cheaper than for men. Namely because of such a discrepancy and seeming discrimination the Europeans are now forcing insurance companies to eliminate the gender factor from the list of variables that actually determine a person's rates. And while we won't take opinions on the European insurance market, it's still necessary to understand what causes such a difference in rates between the two genders.
From the insurance provider point of view such a difference is evident because all they deal with are statistics. And according to statistics women file far less insurance claims than men. Some of you may instantly reply that the overall number of women driving cars is less than men. However, the relative percentage of claims and accidents involving women is also lower than that of male drivers. To put it simple, women simply tend to drive safer and are less prone to performing traffic violations than men. That is why exactly the car insurance companies are asking you to indicate your sex when getting quotes, and that's why women tend to have cheaper car insurance.
Of course, this doesn't mean that all women are good drivers. We all know that there are a lot of ladies out there who are just as reckless if not even more than most guys. Yet, they do not affect the statistics to a significant degree. Not as much as reckless male drivers who are more in numbers and definitely affect claim histories with all car insurance providers. It's not that car insurance companies are intending to promote sexism with their services. It's only a matter of risk management they employ when setting rates.
If you feel that you're treated unfair as a male driver with such a manifestation of sexual discrimination, you have two options. The first one is moving to Europe and enjoying all the benefits of “egalite, liberte, fraternite” after the new non-discriminatory law takes force. Or you can become a better driver yourself, shop around for car insurance and get all the discounts you can to neglect the difference in rates between the two sexes. If you are considered a low risk driver it doesn't matter whether you are a man or a woman.
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