Cheap Car Insurance For Women: Here’s What You Need to Know?

Until recent years, cheap car insurance for woman was not even considered such an important target market by the big insurers?

But this has all changed in the last 10 years – the car insurance industry is all about risk. Setting aside the age of the driver, on average male drivers drive faster, drive bigger cars, drive longer distances and take greater risks than female drivers.

Today it’s common knowledge amongst motorists that women pay comparatively less for car insurance than men. What is less well known is that they make almost the same number of claims, though these tend to be for minor damage as opposed to costly write-offs.

Women drive far more carefully and statistically are 10 times less likely to be convicted of a driving offence than their male counterparts. So it really isn’t surprising that these statistics are reflected in some excellent car insurance deals. But as with most things it still pays to shop around.

The first step is to always compare quotes online. Although there are a number of insurers providing cheap car insurance for women some of these insurers specifically cater to women such as Sheila’s Wheels, Diamond and Diva Insurance.

These companies offer some good deals if you also take into account the additional extras that come with them. Sheila’s Wheels for example include handbag cover of up to £300 along with other female friendly benefits, such as priority roadside assistance and ‘female friendly’ repairers.

However, although these incentives deserve consideration it’s still possible to get cheaper deals with ‘no frills’ cover from the regular ‘big name’ car insurers.

What you first need to consider is how much cover you are likely to need? The legal minimum insurance cover required to drive in the UK is ‘Third Party Only’ car insurance – this is also the cheapest car insurance cover you can get with the lowest cost premiums.

If you were in accident and you was found to be at fault ie. if you crashed into another car, then all third parties involved in the accident would be covered by your insurance but you would not be able to claim for damages to your own car.

If your car is several years old and has little cash value then this may be of little concern to you. On the otherhand, if you are driving a relatively new and more expensive vehicle then taking out ‘third party’ insurance can be risky. You would sleep better at nights knowing that you have comprehensive insurance cover (were all parties in an accident are covered) and try to tailor the policy to suit your needs

You could lower your premium by opting to increase your voluntary excess and by including all the discounts you’re entitled to for security features like anti-theft devices, anti-lock brakes, and automatic seat belts. If you keep your car garaged or use your vehicle infrequently you should also be able to reduce the cost of your policy.

Special offers for cheap car insurance for women can always be found if you are prepared to shop around, and by tailoring a policy around your specific needs you will go a long way in lowering your premiums.