There are many factors when it comes to getting auto insurance that are flexible and can reduce your premiums, but there are some factors that you can do nothing about. One of those factors is whether you are a man or a woman, as it is a fact that women do get lower insurance premiums than men. This is not a sexist notion as these premiums are calculated based on risk factors, and statistically speaking, men are a higher risk than women to insure. Here we will discuss why men see higher premiums, and knowing these may help you look for the right discounts when you are doing your comparison shopping. Statistically speaking, men are higher in numbers in most major risk factors assessed by insurance companies. Men file more insurance claims than women a year, and when a known demographic registers more claims than other demographics, insurance rates go up. There are many reasons why men are filing more claims than women are, knowing these can help you make the right choices in driving, car buying, and in insurance.
Women drive less than men do. This fact is statistically proven repeatedly, and it goes to common sense to show that the less time you spend on the road, the lower your risk of an accident. Men can find out ways to save time on the road and decrease their risk of insurance claims in the future, by driving less, or using alternate means of transportation if and when possible. Women drive safer cars than men. Again, this is another fact that shows up in car sales reports matched with insurance agencies time after time after time again. Women choose safer vehicles to drive, and this leads to fewer collisions on the road. At the end of the day, it is the smart choices women are making that are leading them to lower insurance rates, not so much their gender. What does this tell you if you are a man? Choose a safe vehicle to drive with a smaller engine. You don't need a big fancy car if you have a tight insurance budget. Safer cars will always lead to lower premiums whether you are a man or a woman.
Men have more risky driving habits than women, and men experience more vehicle fatalities on the roads than women. Research cross matched with police reports, insurance claims, and fatalities shows that more men are charged with speeding tickets than women, and have more risky driving charges against them than women. Any one of these factors alone is going to hike your insurance rates, whether you are a man or a woman. Adhering to the rules of the road and driving safely as much as possible without engaging in risky behavior such as speeding will keep you safe on the road, and will also keep your driving record clean which keeps your insurance rates nice and low. Many men find it a bit biased that their car insurance is affected by their gender, but many times, the discount for being female can be caught up by the man that makes wise choices with his driving record and insurance history. Keeping your driving record clean, your claims history low, and driving safer cars are all ways to get nice low car insurance premiums, whether you are a man or a woman.
Also read: Automobile Insurance Rate Quote