Cheap car Insurance For Ladies. Insurers have previously judged women to be safer drivers – on average – than men. This meant that until 2012, women could almost always find cheaper deals on their car insurance. However since European law made it illegal for insurance providers to use gender as a consideration when calculating insurance, this is no longer the case.
Don’t worry though, there are still many ways to save money on car insurance for women.
You can get a quote in just minutes and buy online with ease. And if you do have to make a claim you have the peace of mind that our UK-based claims team is on hand 24/7 to help you through the claims process. Our comprehensive car insurance for ladies also comes with an optional RAC breakdown cover, so you can be sure that you’ll never end up stranded if your car lets you down.
According to Quadrant Information Services, the national average cost of car insurance for a woman is $111 per month or $1,332 per year. This is slightly cheaper than the national average cost for men of $115 per month or $1,381 per year. These averages include both minimum- and full-coverage auto insurance policies.
How can women get cheaper car insurance?
Even though women can no longer get cheaper car insurance just because they’re women, most will find they’re offered cheaper premiums for other reasons. Things like tending to drive smaller, safer cars and getting into fewer accidents on average, which means a better no-claims bonus.
There are many things you can do as a woman (and as a man!) to cut costs even further:
1. Drive a safe car
Choose a car in a lower insurance group, as they’re safer on the road and so often cheaper to cover
2. Invest in security
You’ll save a lot of money by parking your car off the street or in a garage, and by using features such as an immobiliser
3. Increase your excess
Asking for a higher voluntary excess should reduce your premiums, because it shows you’ll only make a claim when you really need to.
4. Reduce mileage
The less you drive, by and large, the less insurance you pay – simply because you’re less likely to get into an accident. Consider a low-mileage policy.
5. Add a named driver
For younger women, adding a named driver (like a parent) to your car insurance policy could earn you reduced premiums.
6. Drive carefully
One of the biggest factors affecting cost is your driving history. If you go years without making a claim, your premiums will fall.
7. Telematics
Using telematics or ‘black box’ insurance means your premium is based on how safely you drive.
8. Pay annually
Paying annually may seem like a big upfront cost initially, but it will cost less overall than if you were to pay monthly instalments.
Factors That Affect Car Insurance Rates for Women
While gender can play a role in how much you pay for car insurance, it’s not the only deciding factor. Some critical factors that will determine your insurance rates include:
- Age: Younger, less experienced drivers typically pay higher rates for auto coverage than those with years of driving experience.
- Location: Car insurance rates vary depending on where you live. Climate, population density and the number of claims processed in your area can affect auto insurance costs.
- Driving record: A recent accident, speeding ticket or driving under the influence (DUI) charge in your driving history will have you paying a higher car insurance premium.
- Marital status: Married drivers are likely to pay less for insurance than single drivers.
- Vehicle type: Your vehicle’s mileage, make, model, age and condition all factor into how much you pay for a car insurance policy.
- Credit history: Drivers with high credit scores generally pay lower car insurance premiums. Low credit scores result in higher premiums.
Are there specific insurance companies for women?
In the past, it was quite commonplace to find insurers exclusively targeting women. That has all changed since the Gender Directive was passed by the European Court of Justice, meaning gender can no longer have an impact on the cost of car premiums.
So, while there may still be companies that cater to women through their marketing, they’re legally obliged to insure all genders.
Don’t be put off by advertising.
The following insurers target women in their advertising:
- Sheilas’ Wheels
- Diamond
- Go Girl
- insurePink
The Bottom Line: Car Insurance for Women
Car insurance for women is generally less expensive than it is for men, especially as a teen or young adult. However, insurance companies offer plenty of ways for women to save even more on their insurance premium costs.
If you’re looking to find cheap car insurance rates for women, it’s wise to shop around and compare car insurance quotes from various insurers to find a policy that suits you best.