Car Insurance for Women and Young Drivers

Statistically the claims made by women are for relatively minor accidents when compared to the claims made by male drivers. They drive, on average, shorter distances and often drive with a more courteous attitude than their male counterparts.

Female only car insurance companies have emerged to take advantage of the female driving statistics. By not including male drivers in the amount of money set aside for claims, they are able to pass back larger savings to the female driver policy holder.

These same advantages also apply to young women drivers. Some companies are offering young female insurance for drivers aged 17+. By providing cheaper car insurance for young drivers encourages them to take on a policy in their own name. This subsequently allows them to fast track their way to earning the highly valued No Claims Bonus.

Car insurance for young drivers has always been expensive. Statistically they are more likely to make a claim when compared to older drivers.

However, insurance companies are attracting younger drivers with offers that reward safe drivers. One example of this is the rapid bonus scheme. Instead of the policy running for twelve months, the rapid bonus scheme runs for just nine. This means the no claims bonus is obtained faster, meaning the following year's premium will reduce quicker.

Another way to reduce insurance costs for young drivers is to add a parent to their policy as a named driver. By having an older more experience driver added to your policy can reduce costs.