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 Women's car insurance wins when it comes to priceExpatriate Medical Insurance news about Medical Insurance, Health Insurance, Health Care Insurance, Expatriate Health Insurance, Affordable Health Insurance, Cheap Health Insurance.  When it comes to car insurance, women are paying less than men, with young male drivers being the worst hit by expensive premiums according to research from moneysupermarket.com. On norm, women pay nine per cent less for their car insurance than their male opposite number, according to the study, with the norm quote for a woman in her 20 being £320 compared to £370 for a man. Age also plays a large part in determining the price of cover, particularly for male drivers, who pay 41 per cent more when they are in their 20 compared to when they reach their 30. An even more dramatic gap can be seen for men insuring their car when they are aged 18, at an norm cost of £1,815, and age 19, when the norm drops by more than half to £874. It seems the older a driver gets, the lower their car insurance premiums are, with the cost for women being an norm £203 a year once they reach their 50, and men in their 50 finally benefit from a small vantage with an norm of £199. "Young and newly qualified drivers have long been perceived as high risk by the insurance industry and often find it hard to get competitive motor insurance. Peter Gerrard, head of insurance research at moneysupermarket.com, said. "But there are ways they can cut their insurance costs, such as adding a parent to their policy or look at specializer insurers who mark young drivers. "It's also clear that insurers view women as far more mature motorists at an before age. "Older drivers generally find their cars cheaper to insure so this can make it tough for specializer insurers to offer good value for elderly drivers. Motorists who are prepared to shop about for the best deal each year will ever come out on top, whatever their sex or age." While women are paying less for their car insurance than their male peers, swiftcover.com still believes that they are paying more than they need to. According to its research, the 18.9million British female drivers face price differences of as much as £600 a year. The insurer warns that companies which specialise in women's car insurance are not necessarily going to be the most competitive, and urges women to compare car insurance quotes to make sure they get the best deal. Tina Shortle, marketing director of swiftcover.com, comments: "Statistically, women have been shown to cause less accidents than men, which means their premiums should be much lower, but even we were surprised in the difference between what they could be charged. Our message to all drivers, both men and women, is to shop around - and certainly not to settle for your renewal premium until you have made sure it is competitive." © Fair Investment Company Ltd More Expatriate Medical Insurance News |