Do you get cheaper car insurance if you’re a woman?
9 November 2009 By MoneyHighStreet Staff Leave a Comment
It seems simply being a women helps you to get cheaper car insurance – men on average pay 71% more than women for their car insurance.
Research by moneysupermarket.com shows that the average car insruance premium for a man is some £386 more than a woman, standing at £886 compared to £517.
See how your price stacks up using a car insurance comparison website such as moneysupermarket, Confused.com or Comparethemarket.com.
As Steve Sweeney of moneysupermarket comments, ‘Men have historically had to pay higher motor premiums than women and this is reflected in the different prices insurers charge for male and female drivers.
Many insurance companies view women as safer and more mature motorists and this is why their premiums are not only cheaper but also decrease with age at a much faster rate they those of men.’
As Steve adds ‘motorists who are prepared to shop around for the best deal each year will always come out on top regardless of their age or gender.’
To help, check out our MoneyHighStreet article ‘Save money on your car insurance‘ which has 5 steps to help you save money on car insurance.
Need car insurance now? Check out our MoneyHighStreet latest best car insurance deals.
