Thursday, February 19, 2009

Car Insurance -- Why Ladies Get Lower Rates

By Chimezirim Odimba

Women often get poorer deals in many matters. But in auto insurance, your gender is Car insurance is an exception. It really pays to be female as far as getting lower rates is concerned. And, insurers have good reasons for this position. Insurance companies over years have established that females are lower risks to them. This is why they give them cheaper rates.

Most speed demons are men. Most dare devil drivers are also male. It is certainly part of the female nature to take serious physical risks. By the way we raise our women, every tendency of roughness or recklessness is reduced to the lowest.

Women are also less likely to drive for long hours. In a family, it is often the men that drive long trips.

Ladies also drive smaller vehicles. These are less expensive to maintain. Furthermore, yhey will also go for cars that have better safety features.

These and other factors make insurers favor ladies given similar profiles. However, some insurance companies will consider your gender more than others. The meaning of this is that you'll get different car insurance quotes from different insurers.

For you to know how insurance companies calculate your rate, check my other articles. I treated that extensively in one of them.

It makes sense that you understand what you are paying for. Therefore, ask the agent what is included in your policy and what's not.

If you are female and often drive alone, there are features like breakdown cover that you should consider when choosing your car insurance provider.

Savings in car insurance is not something that is reserved for women only. A man who does the tip I'll give next will save much more than female (Who should normally had paid far less...

Obtain quotes from insurance quotes sites. Compare the quotes returned and pick the best offer. Visit at least 3 sites. Getting and comparing car insurance quotes from insurance quotes sites will guarantee that you save between a few hundred dollars to a few thousands (depending on your profile, policy and current car insurance premium). - 15224

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