Womens Car Insurance Ireland Free Useful Guide
The reason why women do not pay as much for their auto insurance is in general they are involved in less insurance claims than males. The reasons for this are not definitive but point towards a few recognized facts such as the speed at which females are more likely to drive, plus they are less likely to drive faster sports cars.
It is for this reason that car insurance firms are pleased to give policies to women than men as they know that there is less of a chance they will make an insurance claim. However, potentially they can have as many accidents as men but when they do have one they generally have less damage to their vehicles. That is why on an average womens car insurance premiums tend to be 30 percent lower than that of the male counterparts having same demographic profile.
Of course the primary reason insurance rates for women are lower are because they are slower, safer drivers thus accident repairs are not as high as for men. As the speed that most male drivers travel at is considerably higher, often above the speed limit for the road; when accidents occur, they result in far more damage to the vehicle and a greater price to the insurance supplier. Not only this, but women are generally treated as preferred drivers even when they have less experience than men.
In view of this, a number of specialist car insurance underwriters will only sell their auto insurance plans to females with no males allowed, not even husbands. Many of these companies believe that the risk the male driver poses, even though he is a insurance holders partner is not worth the additional price that can be incurred if he has an accident.
Working to a budget like this means the company will not make as much profit and so they will have to attract more members than would normally be required. some of these companies include legal protection in their policies and it is well worth a woman driver finding a automobile insurance company that can provide this. To reduce the cost of rates further, it is always worth storing a auto in a garage where possible and of course making sure the license stays clean.
Even though insurance firms have invariably recognized that female drivers price them less in payouts, that doesn’t necessarily translate to the lowest rates from companies that only insure females as they can be more expensive than a standard auto insurance premium from a well know company. The best advice is too shop around and obtain insurance rate quotes from a number of different companies before you decide on the insurance policy that’s best for you.