Female Driver Car Insurance

Reader’s Question:

Do female drivers have higher auto insurance rates than male drivers? If so, why?

Michelle

Jackson, MS

 

Rate factors and rating system differ from insurance provider to insurance provider. Car insurance premiums are calculated by using a lot of factors and gender generally is one of them.

Generally, a female driver between the ages of 18 and 25 will pay less than male driver. The reason for this is because generally speaking younger women have fewer accidents and traffic violations than males in the same age group. Statistics typically show that males are more aggressive motorist and therefore with some insurance carriers their risk factor is much higher so a male motorist’s auto insurance rates are higher than that of a female driver.

So gender would really affect your insurance rates, because statistically females motorists have less accidents than males. However if a female has a bad driving history and her male counterpart has a clean and good record then the female’s rates would normally be higher due to her record.