Tips on Getting Cheap Car Insurance for Young Women Drivers | Car ...

by Sara Boughton

One of the most frequently asked questions in the car insurance business today is how to get cheaper car insurance for young women drivers? As you can imagine, the price of car insurance is not very cheap for this demographic. Therefore, we will seek to answer that question in this section.

As a general population, the insurance company statistics have indicated that women drivers are less likely to cause fatalities or cause large amounts of damage than men drivers. We believe this to be true because women tend to by more security and safety conscious than men when it comes to driving.

The first thing a young woman can do to get cheaper car insurance is drive a reasonable vehicle. If the car is reasonable, the insurance company will feel comfortable with ensuring that driver.

Next, the young driver should take one of the many defensive drivers courses available. Since these courses provide real, on the road experience, they can be extremely valuable. Additionally, the insurance company will usually lower your premiums as these courses lower the probability that you will be involved in an accident.

Another way for the young driver to lower their insurance premiums is to get married. With that said, please do not get married simply to save money on your insurance policy.

A fourth option is to ensure you are doing well in school. You will find that many insurance companies will discount your premiums if you are able to maintain a certain GPA.

Just like with any other business, you should seek multiple quotes. Luckily, there are numerous websites that allow you to quickly input your information and see what your rates would be. You will be amazed at the range of quotes that you will be provided.

As we have demonstrated, there really are ways for a young driver to pay less in the form of insurance premiums. We recommend you implement a few of these strategies, as we know that they will help keep your hard earned cash in your pocket, where it belongs.

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Soaring cost of car insurance prices out teenage drivers

01.09.11

Statistics revealed by Sainsbury’s Finance show the annual average cost of running a car is now £3,090 – 21.1 per cent higher than this time last year.

And this is largely due to soaring insurance premiums, which together with sky-high fuel costs, has seen many people – in particular young drivers – left wondering whether they can afford to run a car.

Duncan Jones, 18, of Tenison Avenue, Cambridge, bought his 13-year-old Ford Fiesta earlier this year for the modest price of £500.

But after trawling comparison websites for the most competitive car insurance deal, he reluctantly opted for Direct Line which gave him a quote of £3,100 – and this included a 10 per 
cent discount.

“It’s kind of irritating,” said Duncan, who is going to study agriculture at 
the College of West Anglia 
in Milton.

“I bought a car and had some money saved for insurance but it was twice as much as I thought it would be.

“I’m going to sell it over the next couple of weeks as I’m better off spending the money on something else.”

Source: Cambridge First

Car Insurance For Young Women Drivers- News

New insurance rules 'unfair' say female drivers Wokingham Times - Mar 09, 2011 New insurance rules 'unfair' say female driversYoung female drivers in Wokingham will be hit hard by new rules that mean they will have to pay the same high premiums as men when insuring their cars. Driving schools and road safety officers in the borough say female drivers will be hugely effected

EU equality ruling 'will cost British taxpayer £1billion': Young women drivers ... Daily Mail - Feb 28, 2011 Globe and MailEU equality ruling 'will cost British taxpayer £1billion': Young women drivers They are poised to make it illegal to assess insurance premiums and pension payouts on the basis of a policyholder's sex. Research shows this will make car insurance much more costly for young women, and cut retirement annuities for men by up to 8 per ECJ gender ruling hits insurance costsOpinions split over insurance changeInsurance firms face sex ruling - -all 1,224 news articles »

EU gender ruling - is it fair? girlracer - Mar 09, 2011 Daily RosettaNot because all young male drivers are the stereotypical boy racer. More worrying is the assertion in media coverage of the EU ruling that insurance for young women will go up. If it was a fair ruling then surely insurance for young men should also Insurers, pensions providers and customers face up to fall-out from gender rulingNorth West Evening Mailall 14 news articles »

Lack of women's voices on FTSE boards unacceptable Reuters Blogs (blog) - Mar 08, 2011 Lack of women's voices on FTSE boards unacceptableOf course, if they were to reduce the car insurance premiums of young men to match those of young women, and increase the annuity payments of women to those of men, it would seem to be a good idea. But we live in the real world, and that is not going and more »

Confused.com Reveals Young Female Drivers to be Hit With Car Insurance Increases PR Newswire (press release) - Feb 25, 2011 Based on its own car insurance index, Confused.com recently reported a 38.2% rise in the average premium over the last 12 months and it's likely that drivers of all ages will be hit with further rises if the change is agreed. In particular, young and more »