There is a great chance that you are a woman who owns and drives a car, which means that you will need female car insurance. There are some important points to consider when shopping for it and even finding cheap female car insurance.
Although women pay a lower rate for insurance than men, there are still ways to reduce the monthly premiums and increase your affordability. There are different levels of insurance, and it is always better to choose a fully comprehensive policy if you can. This can be very expensive, but by increasing your deductible – the first amount which has to be paid by you – you will reduce the premium. Only do this, or reduce your cover, as a last resort to making your premium affordable.
If you are aged 25 or older, the good news is that this reduces your premium which could be great for your financial plan.
Book yourself on an advanced driver education course, as this will reduce your premium still further. If your driving record is not what it should be, then begin improving that immediately. It will not help right away, but over time it will earn you lower insurance rates. When the insurer quotes you an insurance rate they take your driving record into account. This will include things like your accident claims history, and the number of citations for traffic violations on your driving record.
Women like shopping, so shop around for your insurance too. Not all insurers charge the same rate, so phone around and get quotes from as many as possible. You can do this yourself, or you can appoint a broker to obtain quotes for you. Some brokers are free agents, who deal with all of the insurers; others deal with only a few, believing that it affords them better rates and service from the insurers.
If you are calling around yourself, let them know that you are comparing rates, as it may induce them to offer a discounted rate if they want your business. Do the same with brokers – let them know that your business will go to whoever gets you the best deal. Remember, they work on commission from the insurer.
Some insurers have polices specially for women, so check these out too.