Cheap Car Insurance For Female Drivers

In general car insurance companies seem to favor female drivers to male drivers as they are considered as less risky drivers. It isn’t that women have fewer accidents because they are involved in as many accidents as men but the overall damage caused by women is not as much in most instances. Subsequently, their insurance claims are a lot less. For this reason alone, an average women's car insurance premium tend to be at least 20% lower than that of their male counterparts despite being in the same demographic profile.
Women mostly drive at lower speeds than men. So due to the number of lower speeds attained by women, accidents caused by lady drivers are in general less serious. For this reason, even if they might make claims as often as men do, their claims are of lesser value, which gives insurers lower premiums. On the other hand, since male drivers, usually drive at higher speeds, when they crash, the losses are high.
A female driver is considered a profitable risk even from the age of 17. As such, there are many premium discounts available for young lady drivers. They could choose to take the pass plus certificate, which is a series of extra lessons that a young lady driver attends following the standard driving test. Passing it can gain you a discount of around 30% for the first year. Depending upon how much some insurance companies charge to first time drivers, a 30% discount could equate to a few $100. You could give such specialist companies a thought if you are a woman. As with any standard insurance policy, you can take advantage of additional discounts if you park your car overnight in the garage, or off-street. This is possible even by enrolling for additional driving lessons, such as the Advanced Drivers Test, or even by driving lesser miles over the course of the insurance year.
Of late there are insurance companies that cater only to women drivers. Sheila's Wheels in the US is a popular company in this field. The company has stringent policies and even goes on to encourage women not to get an insurance policy with their husband because they don’t offer such high discounts to male drivers due to the perceived risk posed by them. So the best offer is to just get the woman insured on a stand-alone policy. This results in low risks and consequently low premiums. This works well for the insurance companies. Though lower premiums means lower profits the companies are not worried. This is because they hope to generate a high volume of insurance policies for women, which equates to high volumes of business.