The reason why women do not pay as much for their auto insurance is overall they are involved in less insurance claims than men. The reasons for this are not conclusive but point towards a few known facts such as the speed at which women are more likely to drive at plus they are less likely to drive sports vehicles.



So, car insurance providers prefer to insure women drivers to men as the risk of an accident and claim is lower than those for men. The problem is that although both sexes actually face similar driving conditions, when a man has an accident, the damage to the vehicle is normally far greater than if a woman had been driving. In light of these facts it is not surprising to find that the insurance premium a woman will pay is usually around thirty percent less than that paid by a man.

Because it is a known fact that women drivers generally drive within the speed limits, any accidents they do have are of a more minor nature which means repairs do not cost as much thereby keeping premiums down. As the speed that most male drivers travel at is considerably higher, often above the speed limit for the road; when accidents occur, they result in far more damage to the vehicle and a greater cost to the insurance provider. A lady is regarded to be a better risk as soon as they start driving, even at an early age and there are many premium discounts available for women drivers.

Some car insurance companies specialize in auto insurance for female drivers and will only insure women; they will not even insure a woman who wants to put her husband on the same auto insurance plan. In these circumstances they have to think about the husband's high risk factors as well and they would rather prefer two women on the policy as it means providing less risk overall, meaning the insurance premiums will be lower.

Some of these insurers find the only way they can increase their overall profits is by having a large number of members because the cost of premiums are lower, their profit margin is correspondingly less. Women drivers should seriously consider getting a car insurance quote from a company that will only insures women drivers. Further discounts can be made when a car is parked in a garage and if the person takes advanced driving lessons in addition to a clean license.

Even though insurance companies have always known that female drivers cost them less in payouts, that doesn't necessarily translate to the lowest premiums from companies that only insure women as they can be more expensive than a standard auto insurance premium from a well know company. As the costs surrounding insurance generally continue to spiral upwards, it would be a good idea to go online and apply for quotes from a number of insurers, even if they are not women drivers only.