There is an often quoted perception that women are worse drivers than men. So that must mean women pay more for car insurance, right? Wrong. Not only do women pay less than men for insurance in just about every state of the US, there are several reasons why this is so. These reasons tend to indicate that the stereotype of women as bad drivers couldn’t be more wrong:
- Women are about half as likely to have a DWI on their record.
- Women are 10% less likely to have a moving violation of some other type.
- Women tend to insure cars that cost less than man (which could be an indication that they drive fewer sports cars than men).
All these things add up to a picture of women as better, safer, and less risky drivers. That translates to lower rates when you get insurance.
But don’t be fooled — the best way to lower your rates is still to get a large variety of quotes from many sources when you go to get insurance quotes. Whether your male or female, this is the way to save up to hundreds of dollars per year on your insurance.