Finding the best car insurance for women can seem like a daunting task, since there’s various of variables you need to consider.
One of these aspects is gender, and while all insurance providers take it into account when calculating policy rates, the importance they place on gender varies.
Without knowing how much weight gender carries with each company, it can be difficult to determine which insurance providers have the most reasonable rates for women.
If you want to get the best rates, it’s important to shop around and compare quotes, policies, discounts, and even the credit ratings of several companies when you’re looking for car insurance.
Without this information, it’s difficult to know if you’re getting the best car insurance for you.
Use the information below to get a head start on your research and learn how to find an insurance policy that works for you at a rate you can afford.
What’s the Cost of Car Insurance for Women?
You can’t guess car insurance rates, since they are determined by insurance underwriters who use complex mathematical calculations based on a multitude of risk factors.
In addition to gender, there are other factors affect your rate, including:
- Driving experience
- Make, model, and year of your vehicle
- Credit history
- Other drivers insured on your policy
- Average mileage
- Certain conditions of your geographic region
It’s important to remember that each insurance provider uses different calculations to quantify the risks associated with each of these factors.
Generally, women are considered a lower risk to insure.
According to the Insurance Institute for Highway Safety, women are statistically safer drivers who take fewer risks based on accident and DUI rates in the United States.
Since there are lower risk associated with female drivers, they tend to have lower insurance premiums.
While it’s best to shop around to find the best car insurance for women and the lowest rates, we’ve done some of the groundwork for you.
We’ve organized the average cost of car insurance for women in California, which is the most populous state in the United States and, therefore, a good example of what auto insurance costs for the average American woman.
- A single female living in Alameda County, who has between 9 and 15 years of driving experience, no violations, and drives between 12,600 and 15,000 miles per year can expect to pay between $1,112 and $6,967 for standard coverage on a Honda Accord, with an average cost of $2,608.
- A single female living in Alameda County, who has between 3 and 5 years of driving experience, one accident and one ticket and drives between 12,600 and 15,000 miles per year can expect to pay between $3,899 and $18,932 for standard coverage on a Honda Accord. The average in this scenario is much higher at $7,710.
This data clearly shows that insurance companies place a lot of weight on safe driving habits and years of experience.
Companies With the Best Car Insurance for Women
There are plenty of options to choose from when you’re searching for women’s insurance.
A good place to start your research is by looking into the prices, discounts, coverages, and features of top insurance providers.
Progressive offers a variety of coverages for all drivers that includes extra options such as lease and loan payoff and pet injury protection.
Women who purchase their insurance from Progressive can take advantage of its many discount offerings, including safe driver discounts that can save you up to $130 off your premiums each year.
Progressive uses the Snapshot program to track driving habits and determine eligibility for safe driver discounts.
Women can also save by bundling their policies, setting up automatic payments or taking advantage of Progressive’s Name Your Price Tool, which lets you to customize your insurance policy to meet your budgetary needs.
QuoteWizard is an online rate comparison tool that collects quotes from top insurance companies around the country.
Its simple online form allows you to enter your basic information to receive quotes from some of the best providers of car insurance in your area.
QuoteWizard collects data from more than 40,000 insurance brokers across the United States, which makes it a great place to start your research.
Liberty Mutual customers save an average of $509 on their annual insurance premiums after switching.
Women can practice safe, responsible driving behaviors to take advantage of Liberty Mutual’s safe driver discount and can save even more by customizing their policy to meet specific driving needs.
Customers frequently give good ratings to Liberty Mutual’s quick and simple claims process, and the company receives many positive reviews for its friendly customer service.
Esurance is a simple, no-frills insurance provider that offers ease of use and multiple ways to save on a women’s insurance policy.
The company offers a 5 percent discount for obtaining a quote online through its website and uses its DriveSense app to monitor your driving habits, which also helps you qualify for additional discounts.
Women who are looking for an insurance provider that offers an easy sign-up and claims process may find what they’re looking for from Esurance.
Travelers is an insurance giant that’s been a part of the industry since the beginning. It offers life, home, auto, and rental insurance, and customers who bundle their policies can qualify for discounts.
The company is well known for providing excellent service and features to its customers, including a 24/7 claims reporting tool, fast and reliable payouts, and friendly service.
Travelers also has rental reimbursement, loan gap coverage, and roadside assistance, assuring you’re 100 percent covered in the event of an accident.
USAA is exclusively available to members of the U.S. military and their immediate families.
Women who are serving their country, who’ve previously served in the Army, Air Force, Navy, Coast Guard or Marine Corps or who have a spouse or parent who’s a military member can qualify for competitive insurance rates.
USAA also has a safe driver discount and additional discounts for holding multiple policies, for military members that live in military bases, and for members who park their vehicle primarily in a garage.
USAA has a proven track record of providing excellent service, reliable claims processing, and plenty of coverage options to military members of their families.
Allstate is one of the largest insurance companies in the United States.
Women looking for a great deal on their insurance can take advantage of Allstate’s Safe Driving Bonus Check, which is awarded to policyholders every six months for remaining accident-free.
Allstate also offers adjustable limits and deductibles, so women who purchase policies with Allstate can reduce their monthly payments by customizing their deductibles and limits.
Allstate’s broad range of policy and discounts, makes it one of the best car insurers for women in the country.
State Farm operates as both an insurance provider and a financial institution, serving American women and men with a variety of services.
State Farm’s discounts include a safe driver, bundled policy, and a student driver discounts, which may appeal to women in universities and colleges across the country.
State Farm also has a large network of local agents, making it a great option for women who prefer to deal with their insurance company in person.
MetLife has spent over 100 years in the insurance industry and has a wide variety of policy options that include life, home, medical, dental and auto insurance.
The company is also known for providing employee benefits for many companies across the country.
Although MetLife has limited discount offerings, its rates are competitive, and its financial strength proves that it’s a worthy adversary to other women’s insurance providers across the country.
Kelly Klee isn’t an insurance provider, but rather a private insurance broker.
Brokers such as Kelly Klee work as a middle-man between the customer and insurance provider.
A broker helps you find the best coverage and rates for you, and can make recommendations on the exact type of insurance policy you should consider buying. For women who are new to purchasing car insurance or who are too busy to research and shop comparatively, an insurance broker such as Kelly Klee is a solid choice.
How to Reduce the Cost of Your Car Insurance for Women
Although car insurance seems like a huge expense, it’s necessary for several reasons.
First and foremost, driving without valid insurance is prohibited by law in most states, and depending on state legislation, it may be punishable by suspension of your license or registration, hefty fines, or even jail time for multiple offenses.
Car insurance is also an essential way to protect your financial well-being in the event of an accident.
Without car insurance, you may be held financially responsible for auto repair and medical expenses for yourself, your passengers, and other drivers, depending on whether you’re at fault.
It’s important to keep in mind that the cost of insurance doesn’t have to break the bank.
Women who shop smart can reduce the cost of their insurance policy by following these simple steps:
- List all vehicles and drivers in your household on the same policy.
- Bundle your home, life, and auto insurance with the same provider.
- Take defensive driving courses and maintain a clean driving record.
- Increase your deductible.
- Reduce your mileage by taking public transportation or carpooling.
When you’re ready to purchase your car insurance, make sure you’re prepared by approaching your chosen provider with quotes from competing companies, as well as the following information:
- Your age/date of birth and full home address
- Information about your driving history including previous infractions and how long you’ve been licensed to drive
- Information about where you’ll be parking your vehicle when you’re not driving
- Details about your vehicle(s) including make, model, year, condition, mileage, safety features, custom add-ons, and vehicle identification number
- An estimate of how many miles you drive on average per year
- Detailed information about any additional drivers who are included in your policy, and school grades ready for any teen drivers in your household
If you are prepared with the above information, your insurance provider or broker will have an easier time determining which discounts are available for you and provide you with the most accurate rate possible.
Now that you’ve read this article, you should have a good understanding of how to find the best car insurance for women.
Feel confident enough to ask questions when contacting them, and negotiate a great deal on your next policy.*While we make every effort to keep our site updated, please be aware that "timely" information on this page, such as quote estimates, or pertinent details about companies, may only be accurate as of its last edit day. Huntley Wealth & Insurance Services and its representatives do not give legal or tax advice. Please consult your own legal or tax adviser.