by Answerbag Staff on February 7th, 2010

Answerbag Staff

Question

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Why do men pay more for auto insurance?

Answers. 5 helpful answers below.

  • by Russell Huebsch on February 7th, 2010

    Answerbag Experts

    Great Answer

    Professionally Researched. (What's this?)

    According to data from Money Supermarket, men pay 71 percent more for their car insurance than women. However, this price differential is not uniform across all ages.

    Identification

    According to insurance quotes run through MoneySupermarket.com, men in their 20's and younger had the highest insurance premiums, but premiums for men and women achieved parity as the sexes got older.

    Function

    According to Insurance.com, men in general, but especially young men, tend to drive faster and be involved in more accidents than women. Because men are more likely to cause damage and violate traffic law, they also file more expensive claims on average.

    Considerations

    Adult men do not automatically pay more for insurance than women. Insurance companies also factor in things such as geographic location, car type and education.

    On the Other Hand

    Men tend to begin driving at a younger age than women. This means that young male drivers have more time to build up a good driving record and experience lower premiums later in life, assuming they have no accidents or violations.

    Prevention/Solution

    Men (and women too) should take defense driving courses--which usually result in an auto insurance discount. In addition, always compares quotes from several companies because each insurer calculates their rates differently.

    Source:

    MoneySupermarket.com: Why Women Win with Car Insurance

    Insurance.com: Are Men Better Drivers Than Women?

    CarInsurance.com: Why do Males Pay More Auto Insurance than Females?

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  • by ipswich14 on February 15th, 2010

    ipswich14

    they get in more accidents per capita then women and drive faster, which causes the accidents.

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  • by Twisted Taco on February 11th, 2010

    Twisted Taco

    Because they have more money

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  • by Shifu Eric Reynoldx on February 10th, 2010

    Shifu Eric Reynoldx

    There Sexist.

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  • by automd on February 10th, 2010

    automd

    compared to women, the male drivers pay around £17,000 more for their car insurance because of the following reasons:
    - young men have over twice as many auto accidents as women. men still account for 30% to 50% more accidents than women.
    - men are principally responsible for the most severe accidents, they are accounted for 84% of the fatal accidents involving young drivers while women caused 16%.
    - male also have worse records than females in other significant aspects
    - most of them are single and without families

    Source:
    why male drivers pay more
    Male used car drivers pay more for insurance

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