Not exact matches
As you are considering purchasing insurance, consider a few factors: first,
females generally cost less than males to insure; second, shop around for insurance companies that offer discounts for
driver's education classes, good grades, and driving logs; third, as you are insuring teenage
drivers, your premiums will be lower if the
drivers are occasional
drivers; fourth, teenagers have a high accident rate, so consider purchasing high liability
coverage and lower comprehensive
coverage; and fourth, the type of car teenagers drive — whether it is new, sporty, or exotic — will also determine the premiums.
Averages are based on a 45 - year - old married
female driver driving 2012 sedan, employed, with a B.A., excellent credit score and no lapse in
coverage, who has never filed a claim and has the following limits: $ 100,000 (bodily injury) / $ 300,000 (property damage) / $ 100,000 (UI / UIM), $ 10,000 (PIP) and a $ 500 deductible.
Using a hypothetical 45 - year - old married
female driver who's employed, has an excellent credit score, has no lapse in
coverage and has filed no prior auto insurance claims, the study looked at how much annual premiums can go up after filing one of three different types of claims:
Using a hypothetical 45 - year - old, single
female driver with a bachelor's degree and no prior claims or lapses in
coverage, the study looked at how much annual premiums can change based on this unique factor.
Averages are based on insurance for single 40 - year - old male and
female driver who commutes 12 miles to work each day, with policy limits of 100 / 300/100 ($ 100,000 for injury liability for one person, $ 300,000 for all injuries and $ 100,000 for property damage in an accident) and a $ 500 deductible on collision and comprehensive
coverage.
The dollar figure below represents that average of quotes for a 30 year old single
female driver, full
coverage, and 12 month premium.
Like young male
drivers, teen
female drivers pay a youth surcharge for their auto insurance
coverage, usually until they are 25 years old.
For any age group, male
drivers tend to be charged higher prices for insurance, both for liability as well as comprehensive
coverage, compared to
female drivers.
The chart below shows actual quotes from six insurers for a
female California
driver with a clean record and liability
coverage limits of $ 100,000 per person, $ 300,000 per accident and $ 50,000 for property damage, plus uninsured motorist
coverage in the same amounts.
As you are considering purchasing insurance, consider a few factors: first,
females generally cost less than males to insure; second, shop around for insurance companies that offer discounts for
driver's education classes, good grades, and driving logs; third, as you are insuring teenage
drivers, your premiums will be lower if the
drivers are occasional
drivers; fourth, teenagers have a high accident rate, so consider purchasing high liability
coverage and lower comprehensive
coverage; and fourth, the type of car teenagers drive — whether it is new, sporty, or exotic — will also determine the premiums.
Like
drivers of all ages, older
female drivers have special needs and challenges relating to their search for affordable auto
coverage.
Men are usually quoted more expensive insurance rates than their
female counterparts for the same type of
coverage because accident statistics show men to be higher risk
drivers.