Tips On Car Insurance for Women

Posted on November 15, 2023

Some people may still think that car insurance is different based on gender. Car insurance is not priced by gender, but this was not always the case. Until 21st December 2012, car insurance was typically less expensive for women as road safety statistics showed that women tended to be safer drivers and less likely to be involved in a car accident. Due to this, insurers charged women less.

The European Court of Justice made a ruling that made it illegal for insurance companies to use gender as a factor when calculating insurance for either a man or a woman. After this ruling, insurers equalised prices across both genders, which led to price rises for some women and price drops for some men. 

Make Savings on Women’s Car Insurance

We may not be able to offer you a lower insurance quote based on your gender, but there are still ways that you can make savings on your insurance premium. We will give you some tips on how to save on car insurance for women.  

Driving history is a major factor for insurance providers – a clean record with no accidents and a no-claims bonus of over 5-years will help reduce your insurance quote.

Savings Car Insurance Women

Driver History

Your history on the road is one of the main factors that insurance providers look to. If you have a clean driving record with no accidents and a no claims bonus of over five years, then you are going to see the benefits of your good driving by a reduction in your insurance premium. 

Avoid getting any penalty points as your insurance premium may rise when you incur penalty points or any speeding fines. The safer you drive, the less the risk is that you’ll be involved in an accident. Your insurance premium will be less expensive with a clean driving record.

Ultimately the best way to save on your women’s car insurance is to be a safe driver. Even if you have had penalty points or have been involved in an accident, you can redeem yourself.

Ultimately the best way to save on your women’s car insurance is to be a safe driver. Even if you have had penalty points or have been involved in an accident, you can redeem yourself. You can start by promising to be a better driver and proving that on the road. Reduce your speed limit, get rid of distractions and focus on the road.

Smaller Engine

The type of car you have will impact your insurance premium. There is no rule to follow when buying a car, but you should always consider additional costs you may incur outside of your initial payment. If your car is newer or top of the range, it may be more expensive. 

The bigger the engine, the more expensive it will be. For example, if you have a 2L BMW, you will be paying a very high insurance premium due to the engine size. The car is very powerful, and the risk is more significant for you to be in an accident with the BMW than a car with a smaller engine size. If you’re a woman taking out insurance in your own name for the first time, we would recommend that you purchase a car with a smaller engine size to reduce to save on your women’s car insurance. 

Payment Method

It may seem easier to pay monthly by setting up a direct debit for your women’s car insurance. Ultimately, you will pay more in the long run due to the interest charged. Paying up-front works out cheaper, but of course, it may be more difficult for some drivers. You should check your budget and see which works best for you. 

Voluntary Excess

Another tip for women to reduce their insurance premium is to take out a voluntary excess. By taking out a voluntary excess, you will most likely see your insurance premium reduce. To explain this easier, let’s say your excess is €350, and you make a claim for €2,500, your insurance settlement would then be €2,150. Raising your excess will decrease your cover costs, but you will have to pay more if you have an accident.

Keep Your Car Secure

A great way to reduce your insurance premium without the hassle is to secure your car in a safe location when parking. If you have a driveway or garage, then park your car in it overnight. Be sure to let your insurers know. It helps minimise the risk that your car will be damaged or stolen. An added bonus is to install extra security features such as alarms or trackers. It will cost you money upfront but may lead to savings in the long term. 

Home Garage

Investing in extra safety features such as alarms and trackers may be expensive up-front, but can lead to savings long-term.

Review Your Policy 

You should review your insurance policy every year as your circumstance may change. You should do this to get the best quote available to you. Before you renew, you should ask if any discounts are available to you. You might have had another year no claims bonus, for example. 

Head over to the Women’s Car Insurance page to view all the benefits we offer our women drivers and then get a secure quote online or call us today on 01 409 2600.

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