Super Fitness Health BlogIs Womens Car Insurance Only A Marketing Gimmick?
Women’s vehicle insurance has been showing up all around the net and our TV screens lately. There is a whole new class of insurers like Sheila’s Wheels and Cover Girl who provide car insurance for girls only. They offer lower costs for women drivers because, they claim, it is cheaper for them to guarantee women. Women are better drivers so a lowered risk, they say. They have fewer accidents, fewer driving convictions and when they do have an, the repairs are generally cheaper. Therefore, is it actually true, or is it merely another marketing trick?
The solution to the issue is both no and yes. Women only insurance firms are advertising to a specific market – women drivers. Obviously it is a device, but just like the most readily useful advertising gadgets, it’s located in fact. Here are the important points about women drivers and insurance:
-92% of driving beliefs are passed out to men.
Those numbers are changing, though, as women be much more aggressive individuals. In accordance with statistics gathered by the automobile insurance assessment website confused.com, 16.8% of male drivers have convictions on the driving record, when compared with 9.8% of female drivers. That amount is up from 4.8% of female individuals just three years ago.
-Men travel differently than women.
A huge 98% of dangerous driving convictions were given out to male individuals last year. According to most of the research, men are generally competitive and more aggressive behind the wheel than women, and that naturally leads to more incidents. Women have a tendency to drive more slowly – generally within the speed limits – and to drive shorter distances. All of those details add up to women that are involved by fewer accidents. (So much for those jokes about awful women drivers. The data say otherwise.)
-Insurance organizations spend out less in damages for policies taken out by women.
When women do get into an incident, they tend to be of the fender-bender scrape selection. Overall, insurance providers have always known that female drivers cost them less in payouts.
But, that doesn’t necessarily translate to the best premiums from women that are only insured by companies. Actually, most of them offer real rates which are higher than the price you’d be estimated from a more common motor insurance provider. The reality is that despite the common feeling that girls drivers underwrite their more costly male counterparts by paying higher insurance, many insurance companies offer lower insurance rates to female drivers as a part of conducting business.
That’s not to state that you will not have the best value from an insurer who only protects women’s vehicles. Underneath line may be the identical to it is with every other car insurance decision. Check around. Get insurance rate quotes from a amount of different organizations before you decide on the policy that’s best for you. When you’re comparing guidelines that you should compare like with like bear in mind. Determine the cover before you start seeking estimates that you need, and make certain that the price you are quoted includes all the cover you need. It’s the one way to be sure you are obtaining the most useful address for your money.
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