• woman in car

  • guy looking at car

  • guy looking at car

  • Find out if women get better car insurance rates than men.
  • Want to see how age affects what you pay for car insurance?
  • See how safe drivers get better insurance rates.

Three Important Car Insurance Rate Risk Factors

Insurance Rates for Women


Gender plays a role in the pricing of car insurance, with women receiving better rates. This is because women are statistically safer drivers than men, speed less and drive cars that cost less to insure. Women typically pay 8% less than men for car insurance.

Driving Records' Role


A clean driving record is rewarded by lower insurance premiums. Moving citations and major accidents can increase your insurance rates. Minor accidents and accidents where you were not at fault usually don’t impact your rate. Accident-forgiveness policies ignore your first accident if you are an otherwise safe driver.

Effect of Age & Insurance


Based on statistical analysis, insurance companies find that older drivers tend to be safer than younger ones. Insurance policies reflect this in the decreasing premium costs as the driver ages. Elderly drivers are sometimes exempted, so it is important to find a policy that rewards an experienced and safe driver.

Overall Safe Driving


There are various factors that can influence your monthly rates. However, the best thing to remember is that safe driving will determine the best rates for your monthly insurance. Making sure that you're following the law at all times will, in all probability, keep you safe and your rates down.

Recent Posts

  • How Can You Protect Your Most Expensive ...

    July 30th, 2014

    Your home is probably the most expensive purchase you will ever make. But how should you protect this investment? Here are two suggested strategies. Maintenance and Repairs While houses last for a [...]

  • Insurance Agents Vs Insurance Brokers: W...

    July 29th, 2014

    People often make the mistake of assuming that insurance agents and insurance brokers offer the same services. However, the truth is, there are some significant differences between the services that [...]

  • 3 Tips For Saving Money On Teen Auto Ins...

    July 24th, 2014

    If you have a teen driver in your home, you’re likely very excited. It can be a fun time watching your teen learn to drive and it can be exciting [...]

  • Save Money With Full Body Auto Insurance

    July 17th, 2014

    If you are currently without a full coverage included in your auto insurance policy, you should really consider adding it in. Having a full coverage insurance policy is an excellent [...]

  • The Benefits Of Providing Your Car With ...

    July 16th, 2014

    Have you just purchased a new car? If so, you will want to protect this new asset by shopping for a full auto body insurance policy. Auto insurance is the [...]

  • What Exactly Do Actuaries Do? The 3 Prim...

    July 15th, 2014

    In the simplest terms, an actuary is a professional that can provide businesses with estimates of future costs by taking into account the state of the economy and demographics that [...]