Car Insurance: Women are better drivers? - 16 Sep 2009 06:40
According to eNatis: Driver and Driving License studies, women may be better drivers, or at the very least a better insurance risk than men. The battle of the sexes may never be resolved among drivers but it looks as though insurance companies, particularly 1st for Women, have chosen their side. While women may or may not be better drivers, they are confirmed to be safer and more responsible.
With more confirmed cases of drunken driving, excessive speeding and road rage among men than women, insurers claim that women are safer on the road. With women driving shorter distances, at lower speeds, mostly during the day with good visibility and non-permanently employed women and stay-at-home moms avoiding rush hour, they are better risk for their insurers.
According to eNatis, 63 percent of those driving with expired drivers’ licenses are men. Of all licensed individuals, from motorbikes exceeding 125 cm³ to articulated MVs between 3,500 kg and 16,000 kg, 65 percent are men. With more men licensed on the roads than women, they make for a higher risk group purely based on number. Yet one could argue that this indicates more driving experience among men as a group.
While driving experience determines the premiums of young versus old drivers, insurers have not yet figured out an analytical system to determine whether men have more driving experience than women, which would certainly make them less of a risk. Such a study would be impossible to conduct, and even more so to generalise. For the moment, it looks as though 1st for Women will continue to offer lower premiums for the safer risk of women drivers.
According to eNatis: Driver and Driving License studies, women may be better drivers, or at the very least a better insurance risk than men. The battle of the sexes may never be resolved among drivers but it looks as though insurance companies, particularly 1st for Women, have chosen their side. While women may or may not be better drivers, they are confirmed to be safer and more responsible.
With more confirmed cases of drunken driving, excessive speeding and road rage among men than women, insurers claim that women are safer on the road. With women driving shorter distances, at lower speeds, mostly during the day with good visibility and non-permanently employed women and stay-at-home moms avoiding rush hour, they are better risk for their insurers.
According to eNatis, 63 percent of those driving with expired drivers’ licenses are men. Of all licensed individuals, from motorbikes exceeding 125 cm³ to articulated MVs between 3,500 kg and 16,000 kg, 65 percent are men. With more men licensed on the roads than women, they make for a higher risk group purely based on number. Yet one could argue that this indicates more driving experience among men as a group.
While driving experience determines the premiums of young versus old drivers, insurers have not yet figured out an analytical system to determine whether men have more driving experience than women, which would certainly make them less of a risk. Such a study would be impossible to conduct, and even more so to generalise. For the moment, it looks as though 1st for Women will continue to offer lower premiums for the safer risk of women drivers.