Auto Insurance for Females Missouri MO
Reader’s Question:
Hi , I’m a 20-year-old female studying at a university in Missouri. This would sound like a stupid statement, but despite my gender I would like to be charged the same rate as guys. Would it be possible to find an auto insurance company in Houston that would cater to such a deal? I find this gender-bias offensive.
Rica
St. Louis, MO
By all means, Rica. I’m sure you can find an insurance company in Missouri that would share your beliefs. Being a male, I find this tenet offensive, too. Imagine, charging females lower premiums!
In all honesty (leaving our abhorrence of a male-dominated society out the front door), insurance companies do not have a secret agenda. Their agenda is quite open. They want to make money. And they could do this by predicting what will happen through statistics. Using available data, they find that males between 18 to 25 are more prone to accident than females the same age. This means they would pay out less if they charge higher premiums for this male. What statistics are saying is that females are better and safer drivers than men, so giving them lower premiums would make sense business-wise.
But after this age range, data shows both sexes have the same rates of accidents. So, more or less the auto insurance package would be the same. Biologically, females have higher pain threshold than men, and generally they have a longer life span. So, who says that females are the weaker sex?
Seriously, in my years in the auto insurance business, I have not encountered this proposition. But rules are rules, so even if you are female between 18 to 25, you will be charged lower rates than a guy the same age. Bending rules would allow men to complain about sexism in the auto insurance business. Being charged lower rates is more a compliment to female drivers more than an insult.
Tags: auto insurance premium, Female Car Insurance, women car insurance