Sex Role In Car Insurance Benefits Lady Drivers
Some people might pay attention to several car insurance companies or some car insurance policy that lady drivers get lower premium than their male counterparts even if all factors are the same. Is this true? Has sex affected car insurance rate? Is there any sex discrimination here?
For some, if not most, companies this condition is true. Woman drivers do get lower car insurance premium than male drivers. But there is nothing about sex discrimination here. It´s just logical and statistical consideration.
What logical consideration, you ask? Do woman drivers have less accident than male drivers? Do woman drivers have fewer claims than male drivers? No, that´s not the case. For average, woman drivers have the same number of accidents and claims. So, why woman drivers might get lower car insurance rate?
This is mostly because woman drivers drive slower and less aggressive than their male counterparts. That means if they do have accidents, it´s not a severe case. If they do claim, their claim is smaller. As you can see, if you are running a car insurance company this is what you want.
Of course some woman drivers drive as fast as and as aggressive as their male counterparts. However, in most cases woman drivers do drive slower and less aggressive.
Some car insurance companies target woman drivers specifically. It can be said that they only want woman drivers and not male drivers. By doing this, the car insurance companies and most woman drivers will gain mutual benefits. Smaller claim means more profits for car insurance companies. This in turn means the car insurance company can give smaller rate for woman drivers. Both parties win.
So, for women out there, you will have more option to shop for car insurance later on when you want to renew your car insurance or you need new car insurance for your new car. You can also get lower discount if you keep your driving record clean and other ways to convince your car insurance company that you are a safe investment. Don´t forget this when you shop.
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Disclaimer:
The general information provided by http://CarInsuranceCenter.blogspot.com is intended as an educational purpose only, and should not be interpreted as legal advice. The law varies drastically by location and legal specialty, and http://CarInsuranceCenter.blogspot.com makes no promises about the accuracy or completeness of the information provided. You should not rely on our information when making legal decisions. We recommend that you consult with a lawyer to get professional legal advice on how best to deal with your situation.
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** Attn Ezine editors / Site owners **
Feel free to reprint this article in its entirety in your ezine, blog, autoresponder, or on your site so long as you put a link back to this original post, leave all links in place, and do not modify the content in anyway.
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For some, if not most, companies this condition is true. Woman drivers do get lower car insurance premium than male drivers. But there is nothing about sex discrimination here. It´s just logical and statistical consideration.
What logical consideration, you ask? Do woman drivers have less accident than male drivers? Do woman drivers have fewer claims than male drivers? No, that´s not the case. For average, woman drivers have the same number of accidents and claims. So, why woman drivers might get lower car insurance rate?
This is mostly because woman drivers drive slower and less aggressive than their male counterparts. That means if they do have accidents, it´s not a severe case. If they do claim, their claim is smaller. As you can see, if you are running a car insurance company this is what you want.
Of course some woman drivers drive as fast as and as aggressive as their male counterparts. However, in most cases woman drivers do drive slower and less aggressive.
Some car insurance companies target woman drivers specifically. It can be said that they only want woman drivers and not male drivers. By doing this, the car insurance companies and most woman drivers will gain mutual benefits. Smaller claim means more profits for car insurance companies. This in turn means the car insurance company can give smaller rate for woman drivers. Both parties win.
So, for women out there, you will have more option to shop for car insurance later on when you want to renew your car insurance or you need new car insurance for your new car. You can also get lower discount if you keep your driving record clean and other ways to convince your car insurance company that you are a safe investment. Don´t forget this when you shop.
-=-=-==-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=-
Disclaimer:
The general information provided by http://CarInsuranceCenter.blogspot.com is intended as an educational purpose only, and should not be interpreted as legal advice. The law varies drastically by location and legal specialty, and http://CarInsuranceCenter.blogspot.com makes no promises about the accuracy or completeness of the information provided. You should not rely on our information when making legal decisions. We recommend that you consult with a lawyer to get professional legal advice on how best to deal with your situation.
-=-=-==-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=-
** Attn Ezine editors / Site owners **
Feel free to reprint this article in its entirety in your ezine, blog, autoresponder, or on your site so long as you put a link back to this original post, leave all links in place, and do not modify the content in anyway.
-=-=-==-=-=-=-==-=-=-=-=-=-=-=-=-=-=-=-
posted at
9:27 PM
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