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Could Women Find Cheaper Car Insurance?

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While many things in today’s marketplace are geared towards women, the fact is car insurance really isn’t.Rates among the sexes may not be entirely equal, the auto insurance shopping process by and large is.One might be tempted to look for auto insurance discounts specifically tailored towards women.

“Women” Car Insurance Doesn’t Exist

Nevertheless save yourself the energy: it does not really exist.

Insurance providers need to be careful to target their rates and discounts depending on concrete data – not birth records information. Providing discount rates to women or producing cheap car insurance for women with no additional qualifiers is recognized as discrimination, and that’s against the law.

Nonetheless car insurance rates for women can tend to be somewhat below they may be for men, everything the same. The reason behind it is going back to the numbers. On the whole, women tend to be fewer claim – happy compared to men. Consequently, companies pay out fewer on claims. Rest assured the old typecast of a “woman driver” basically does not wash within the insurance world. Rather, the choice is true.

Women: Seek Information

The ultimate way to get cheap car insurance for women is always to shop around. Prices vary from company to company. That’s why a little shopping around can make a great deal of dough. When looking for car insurance, make sure to provide the VIN for all vehicles, how many miles you drive to work, who drives your vehicle and just how many claims you’ve had the past five years.

Don’t lie about the claims, underwriters will find out if you do. Be sure you use identical deductibles and limitations whenever you compare different company quotes. A great standard to use is a 50/100/50 limit or $100,000 mixed single limit (MSL) for liability, and a $500 deductible for full coverage.

Also practical, inexpensive cars tend to be less expensive to insure compared to sports cars. Keep in mind various insurance companies look at various things when it comes to quote. Excessive details are better than insufficient information.

Women Need To Look for Discounts

Auto insurance discounts are generally readily available for women who bundle insurance coverage with a similar company. Insurance companies regularly provide auto insurance discounts to the people who purchase home owners or renter’s protection from them.

Several businesses offer car insurance discounts with life insurance. Mind you, everything being even, women have better life insurance rates compared to men simply because – statistically speaking – they have a tendency to live.

Numerous insurance companies provide discounts made to appeal to young families. For instance, a few businesses provide a “new parent” discount for women who have small kids, usually toddler age or younger. More mature drivers may take advantage of discounts through defensive driver programs. Just remember ladies: always check with your agent during the quote process to get the most discounts.

Todd Clay was an agent for the largest insurance company in the United States. He now researches and blogs about car insurance with the consumer in mind. Grab a few quotes that will help get you .

This Information belongs to Ezinearticles.com

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