bharatbhasha.com
Free Articles  >>  Auto >>  Page 443  >> 

Is Womens Car Insurance Just A Marketing Gimmick





Women's car insurance has been popping up all over the net and our TV screens lately. There's a whole new class of insurers like Sheila's Wheels and Cover Girl who offer car insurance for ladies only. They promise lower premiums for women drivers because, they claim, it's cheaper for them to insure women. Women are better drivers so a lower risk, they say. They have fewer accidents, fewer driving convictions and when they do have an accident, the repairs are usually cheaper. So, is it really true, or is it just another marketing gimmick?

The answer to the question is both yes and no. Women only insurance companies are marketing to a specific niche - women drivers. Of course it's a gimmick, but like the best marketing gimmicks, it is based in truth. Here are the facts about women drivers and insurance:

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

Those figures are changing, though, as women become more aggressive drivers. According to statistics gathered by the car insurance comparison site 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 drivers just three years ago.

-Men drive differently than women.

A whopping 98% of dangerous driving convictions were handed out to male drivers 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 accidents. Women tend to drive more slowly - generally within the speed limits - and to drive shorter distances. All of those facts add up to fewer accidents that involve women. (So much for all those jokes about lousy women drivers. The statistics say otherwise.)

-Insurance companies pay out less in damages for policies taken out by women.

When women do get into an accident, they tend to be of the fender-bender scrape variety. Overall, insurance companies have always known that female drivers cost them less in payouts.

However, that doesn't necessarily translate to the lowest premiums from companies that only insure women. In fact, many of them offer actual quotes that are higher than the rate you'd be quoted from a more generic motor insurance company. The truth is that despite the widespread sentiment that women drivers underwrite their more expensive male counterparts by paying higher insurance, most insurance companies offer lower insurance rates to female drivers as a customary part of doing business.

That's not to say that you won't get the best price from an insurer who only insures women's cars. The bottom line is the same as it is with any other auto insurance decision. Shop around. Get insurance rate quotes from a number of different companies before you decide on the policy that's best for you. Keep in mind when you're comparing policies that you should always compare like with like. Decide on the specific cover that you want before you start requesting quotes, and make sure that the rate you're quoted includes all the cover you need. It's really the only way to be absolutely certain you're getting the best cover for your money.
About Author Simon Christopher :

For a comprehensive list of the most popular womens car insurance companies plus real customer reviews and buying tips, visit http://www.uk-insurance-index.co.uk/womens-car-insurance-1.html.


Article Source: http://www.bharatbhasha.com
Article Url: http://www.bharatbhasha.com/automobiles.php/68374


Article Added on Monday, December 3, 2007
LD
Other Articles by Simon Christopher

Are You Too Old For Cheap Travel Insurance
Remember the days when grandparents might toddle off to the coast for a holiday? When the most adventurous trip they might take was a sight-seeing bus through the Highlands? Those days are long gone for many senior citizens and those over 65 are just as likely to be on the ski slopes as those half their age. Many seniors have just got to the point in their lives when they can kick back and relax - and their relaxing often involves deep sea diving and hikes through the wilds of a jungle. The...

Popular Types of Insurance Excess Explained
An insurance policy excess is a feature designed to give you some control over your premiums by leaving some of the risk with the customer. An insurance policy will have an excess amount for each type of cover and, if a claim is made, this excess is deducted from the payment made by the insurer. As an example, if a home contents policyholder makes a claim for 5,000 after a burglary but has a 500 excess, the insurance firm will only pay them 4,500. The actual excess amount may depend upon...

How To Take Control Of Your Car Insurance Costs
Amid concerns about a predicted increase in premiums, it's actually become easier than ever to save money on your car insurance, if you know how and where you can cut costs. According to the latest AA British insurance premium index, if you shop around at renewal time you can save up to 33% on your car insurance costs. The index data also showed that those who insure their cars for third party theft and fire damage have the most to gain by switching to a new insurer at renewal time. Cut What...

Does Your Car Insurance Cover You For Driving Abroad
By law, British motor insurers must cover your car for the minimum cover required by the law in other European countries, or the minimum cover required by UK law, whichever is greater. In most cases, this means that no matter where you are driving your car, you'll have at least Third Party coverage. There are special conditions that may apply however, and you'd do best to check with your individual insurer to find out about limits or conditions on your policy. These are some of the most...

5 Tips For Cheaper Life Insurance Premiums
1. Consider an income policy instead of a lump sum Most people know that life cover pays out a lump sum if you die. But far less know that you can buy cover that pays a regular tax free income instead of a lump sum. Its official name is Family Income Benefit and is often cheaper than the more common Level Term lump sum payout option. So why would an income be better than a lump sum? Many people who take out a life insurance policy simply want to provide an income for their family to replace...

Do You Know What Your Home Insurance Doesn t Cover
If something happens to your home, either with it's contents or construction, are you certain that your home insurance policy would pay out? Many of us buy buildings and/or contents cover and assume that everything is covered. It's only when we need to make a claim that we might discover an exclusion written into the policy that means we have to foot the bill. The only way to be certain is to read through your policy and know what is covered and what is not. There are many things that your...

How to Control Your Car Insurance Renewal Quote
We've all experienced that uncomfortable feeling every time you open your car insurance renewal letter and see the insurer's renewal premium for the next twelve months. It can leave you feeling frustrated, out of control and possibly even a bit shocked. Whilst there are a number of factors which determine just how expensive your quote might be, there are just as many which you can control that could lower your premiums too. Armed with a little knowledge of the process and realisation that you...

Should You Buy Mortgage Payment Protection From Your Lender
So, you've done your home work and found the best mortgage for you with a great rate that should save you money. This is where many borrowers let their guard down and end up paying way over the odds for insurance sold to them by their new lender. Whilst, Mortgage Payment Protection Insurance can be a financial life saver should you be unable to work through illness, injury or even redundancy, some borrowers are paying a significant proportion of their monthly payment to the lender in...

What Do Pet Insurance Policies Cover
The most basic pet insurance policies simply cover vet bills. More advanced policies can cover everything from kennel and cattery bills if you are unable to look after your cat or dog due to illness, right through to the costs of placing adverts and offering a reward if your pet goes missing. POLICY TYPES There are three main types of pet insurance policy. The costs and benefits vary greatly, so the best deal for you will depend on your financial situation and the health of your pet. -...

Critical Illness Insurance Is it Worth the Cost
Critical illness cover is an additional element offered with many life insurance policies. It pays out in the event that you are diagnosed with a serious medical condition. Is This The Same As Medical Insurance? No, critical illness cover is not designed to cover medical costs. Instead it is designed to cover other costs relating from a condition, most notably a loss of earnings. This is often marketed with particular emphasis on the policyholder being able to still pay their mortgage while...

Click here to see More Articles by Simon Christopher
Publishers / Webmasters
Article ID: 68374
DELINK URL from Authors Bio
REMOVE Article
Tell A Friend
Leave A Comment!
Download this article in PDF
Report Article!
Search through all the articles:


156 Users Online!!
Related Articles:
Latest Articles:
 
Auto >> Top 50 Articles on Auto
Category - >
Advertising Advice Affiliate Programs Automobiles
Be Your Own Mentor Careers Communication Consumers
CopyWriting Crime Domain Names DoT com Entrepreneur Corner
Ebooks Ecommerce Education Email
Entertainment Environment Family Finance And Business
Food & Drink Gardening Health & Fitness Hobbies
Home Business Home Improvement Humour House Holds
Internet And Computers Kiddos and Teens Legal Matters Mail Order
Management Marketing Marriage MetaPhysical
Motivational MultiMedia Multi Level Marketing NewsLetters
Pets Psychology Religion Parenting
Politics Sales Science Search Engine Optimization
Site Promotion Sports Technology Travel
Web Development Web Hosting WeightLoss Women's Corner
Writing Miscellaneous Articles Real Estate Arts And Crafts
Aging


Disclaimer: The information presented and opinions expressed in the articles are those of the authors
and do not necessarily represent the views of bharatbhasha.com and/or its owners.


Copyright AwareINDIA. All rights reserved || Privacy Policy || Terms Of Use || Author Guidelines || Free Articles
FAQs Link To Us || Submit An Article || Free Downloads|| Contact Us || Site Map  || Advertise with Us ||
Click here for Special webhosting packages for visitors of this website only!
Vastu Shastra

WHM Reseller Hosting Provided By AwareIndia







Company IDS