Women tend to get cheaper car insurance deals because statistics show that they are more careful drivers and thus get involved in less vehicle accidents. Statistics also show that women are safe drivers because they drive slower than men and are less prone to competitive driving and road rage.
Type of car and driving record
The type of car women drive saves them money
Ladies car insurance is overally based on the factors mentioned above. There are other factors to explain why ladies car insurance is cheaper. This is to do with the type of cars they choose to buy. The fact is that women generally prefer less expensive simple cars unlike their male counterparts who prefer sports and expensive luxury cars. Inexpensive cars are cheaper to repair thus making the insurance a bit cheaper as well. It is however important to note that it is not every woman who prefer inexpensive simple cars, there are some who like sports and other expensive makes and models but the average majority buy simple cars. Clear driving record
If you are a woman driver and you have a clear driving record, then you are likely going to get a cheaper car insurance deal. If the record is clean, you will get a discount because the insurance company will see you as a good risk. A woman however without a clean driving record will still get a cheaper deal as compared to a man with a similar driving record.
Other ways of saving money
Installing security devices
Ladies drivers just like any other driver are also encouraged to install safety and security features like alarms and airbags on their car in order to get cheaper rates. This means you will get a discount and you end paying up to 20% less premiums for your car insurance.
Paying a high excess
Another way of getting cheaper insurance as a woman is by paying a higher excess on your policy. If you pay more excess, you pay less premiums because you will participate in the payment of a claim should an accident happen. Final word
Ladies can therefore get better insurance deals and save a lot of money than men because of their nature. If they also put some effort in trying to reduce their risk, they get even more discounts. Insurance companies are willing to give these discounts to women because they know they will also be saving a lot of money.