Ladies Motor Insurance
For reasons that the vast majority of male drivers will be confounded by, motor insurance brokers and insurance companies
(as shown by the insurance price comparison sites) much prefer female drivers to their male partners.
What is even more confounding is that this anomaly is not by virtue of the fact that women drivers are statistically less likely to have a collision. On the contrary, the female majority is actually as likely on the balance of probabilities to be involved in a motor car collision as their male counterpart. But the anomaly is, in reality, easy top explain and the explanation is founded upon the level of expense suffered by motor insurance companies at the hands of the two genders. In other words, although women are just as likely as men to be involved in a motor collision, the types of collision in which they are involved are likely to result in modest financial outlay, comparatively speaking, for the insurance company.
Who ever heard of a "girl racer?".I would venture to suggest that the answer to that hypothetical question is, "No One."
However, women are likely to be involved in minor bumps and scrapes which, although they register as accidents and consequential insurance claims cost a fraction of the claims submitted my the average male.
"Car Insurance" Ladies Car Insurance premiums, as a direct consequence of this recorded reality tend to be as much as one third lower than those of male insurance applicants who have identical driving histories and characteristics, including address area, motor car specifications, age, health and age.
The bottom line in all of this is the matter of speed. Women simply do not seem to drive as quickly as men. It is axiomatic that a collision at low or relatively modest speed is going to result in less financial (and physical) damage than one that occurs at low speed in a crowded car park.
When one contemplates the possibility of a head on collision at high speed between two heavily
loaded vehicles, the consequences are too frightening to mention.
Newly qualified female drivers are also considered to be a much lesser risk than a young man. In fact, it is often the case that a newly qualified teenage male driver will be able to afford the purchase of a motor vehicle but not the purchase of motor insurance!
The insurance companies are prepared to cover women for the very simple fact that they have perceived over the course of many years that the insurance of women drivers is a good insurance bet.
Such has that phenomenon become recognised by the trace, certain car insurance companies now actually specifically concentrate on providing car insurance for women drivers. Some, in fact, insist on insurance for women only, often not even allowing their husbands to be covered as a named driver under their insurance policy!
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