Even though women tend to get lower auto insurance rates than men, finding places that provide cheap car insurance for young women is fairly difficult. Younger drivers (both male and female) are at much greater risk than average of getting into an accident. Since statistical data shows that they are riskier to cover for insurance, the companies that sell insurance end up charging them higher rates. You probably already know that the group of drivers that gets charged the most for their insurance policies are young male drivers ages 16 to 25; they have the highest accident rates. The bottom line is that if you are a young driver (yes, even if you are a female), you are going to need to be prepared to pay more than what older drivers pay.
How to Get Cheap Car Insurance for Young Women Drivers
One thing that I recommend to all young women looking for auto insurance is to first talk to their parents about it. Having your parents help you find some insurance that will work can be very beneficial. They likely know some of the basics about auto insurance and will be able to help you out (since they probably are insured themselves). Anyways, what you will want to do is ask them about getting a joint policy. A joint policy is basically just a policy that gets added on to theirs so that you can save yourself more money than getting a separate insurer.
When you bundle your auto insurance with their coverage, the savings are going to be very good. Even though you probably won’t consider the rate of your premiums cheap, it will likely be a whole lot cheaper than if you went with a different insurer. Obviously if you aren’t able to bundle your coverage/get a joint policy, you will want to go out and get quotes from different companies and compare them.
What Type of Car Insurance is Recommended for Young Women?
Most people end up getting recommendations to buy standard car insurance coverage. The reason that this is recommended is mostly because it is the most popular buy. Just because it’s popular though, does not mean that it’s right for you. There are various options ranging from: comprehensive insurance to third party fire and theft insurance to basic liability protection. It is up to you to analyze your situation and figure out what the best type would be for you to buy. Young women drivers that are going to be driving an expensive car will probably want to get a more complete policy (i.e. full coverage), while those who aren’t may want to opt for less coverage and more savings.
It Takes Effort to get a Good Deal on Insurance
In order to get the cheapest car insurance for young women, you will need to be aware of what your needs are and know how to compare insurers. When you have a couple policies in mind through different companies, take the time to compare them, contact each company, and then negotiate with them on prices to see if they offer any other ways to save. Young women that put forth the effort and research that it takes to save money and find a quality policy should end up feeling satisfied with their coverage. Even if you don’t end up with a cheap policy, you’ll at least know that you got the lowest rate available.