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Women's vehicle insurance has been popping up all over the net and our TV screens recently. There is an entire new class of providers like Sheila's Wheels and Cover Girl who provide motor insurance for women only. They offer lower payments for women drivers because, they claim, it is cheaper for them to insure women. Women are better drivers therefore a lesser risk, they say. They've fewer accidents, fewer driving convictions and when they do have an, the repairs are often cheaper. Therefore, is it really true, or is it just another advertising gimmick?

The clear answer to the question is both yes and no. Women only insurance companies are marketing to a specific market - women drivers. Needless to say it is a gimmick, but just like the best advertising jokes, it's located in fact. Listed here are the facts about women drivers and insurance:

-92% of driving convictions are handed out to men.

Those numbers are changing, although, as women be more aggressive individuals. In accordance with data collected by the vehicle insurance assessment website confused.com, 16.8% of male drivers have convictions on their driving record, compared to 9.8% of female drivers. That number is up from 4.8% of female owners just three years before.

-Men drive differently than women.

A whopping 98% of dangerous driving beliefs were given out to male individuals last year. According to all the research, men tend to be more aggressive and competitive behind the wheel than women, and that naturally leads to more injuries. Women have a tendency to drive more slowly - broadly speaking within the speed limits - and to drive shorter distances. All of those facts add up to fewer injuries that involve women. (Therefore much for all those jokes about bad women drivers. The statistics say otherwise.)

-Insurance businesses spend out less in damages for policies taken out by women.

When women do enter an accident, they are usually of the fender-bender scrape range. Total, insurance companies have always known that female individuals cost less to them in winnings.

However, that doesn't necessarily translate to the lowest payments from companies that only insure women. In reality, many provide real rates which are higher than the rate you had be quoted from the more simple motor insurance carrier. The truth is as a customary part of conducting business that despite the popular sentiment that females drivers underwrite their more expensive male counterparts by paying higher insurance, many insurance companies offer lower insurance rates to female drivers.

That is not to say that you will not obtain the best price from an insurer who only protects women's cars. Underneath line could be the identical to it's with any other auto insurance decision. Look around. Get insurance price estimates from the quantity of different companies before you choose the policy that is best for you. When you are comparing guidelines that you must always compare like with like remember. Determine the specific cover before you start seeking rates that you want, and ensure that the price you are quoted includes all of the cover you need. It's the one method to be very sure you're having the most useful cover for your money. go here for more info