Women are said to be more careful and responsible drivers as compared to men - that is why they are the type of clients that are preferred by car insurance providers. This does not mean, however, that most accidents are caused by men. As a matter of fact, the number of women involved in accidents is at the same level to that of men. It’s just that the damages sustained by the cars of most women meeting an accident are lesser, which further means that the claims made by women are lower. This clearly explains why car insurance rates for women are almost always cheaper than those for men.

Men are more aggressive when driving while most women only drive at a moderate speed. This is the reason why the damages on women’s car are just minor. When it comes to the filing of claims, small amounts are just being released to women drivers, and in effect, car insurance companies collect lower insurance premiums from them. As mentioned earlier, male drivers often drive aggressively and so when they meet an accident, the impact is strong and the damages are big. Bigger damages mean bigger claims.

Ladies aged 17 up to 24 are the less risky drivers as most of them are still in the process of learning how to drive. Several discounts are actually given to ladies within this age range and one of them is the pass plus certificate. 30% is usually deducted from the car insurance premiums for one year.

Women can get more discounts if they will install safety devices on their cars and when they have a garage where they can safely park their cars. Safety devices include steering lock, car alarm and tracking device.

There are car insurance providers that exclusively offer car insurance to women as their stakes are more secured. These providers are so strict with their policy that even the husbands may not be included in the insurance policy because this will contradict their impression on their clients who are purely women. The premiums for this exclusive car insurance are low and so are the insurance claims.

If we will try to think like the minds of these car insurance providers that only offer policies to women, we can conclude that they are not at the losing end at all. The lower insurance claims mean that they have more profit. This kind of car insurance business will actually even prosper if they are able to saturate a bigger market of women drivers.