Insurance is a very important aspect of today's lifestyle. In today's hectic as well as dangerous life, insurance is a way of protecting yourself from sudden accidents. It is insurance which provides you security and a peace of mind. Insurance is basically divided into two types- Life and General. Life insurance, as the name suggest, provides insurance on your life. On the other hand, general insurance provides insurance on general aspects like mediclaim, fire, car, home, etc. Thus, we can see that it is important for those who own a car to have it insured. That is because in case of an accident, you will not only have to pay the expenses for your hospital charges but also for the damage to the car. Thus, in such a situation, if you have insurance, the repair charges for your car are borne by the insurance company itself.
It is necessary that your car must be insured before going on road. And some say it even more necessary when a woman drives the car. Recent consensus has shown are women are the biggest accident makers. Sometimes accidents caused by women are as serious as those caused by men. Whether women are good drivers or not is yet to be decided. And it has its own impact on society. But the main and interesting part in women car insurance is that women get many benefits in their car insurance many of which they are unaware of. Woman insurance is beneficial for the parties, the insurance company and the woman in question. Most of the cases of accidents by women are like minor crashes, bump etc., so the insurance companies don't have to pay much for incidences.
But there are some cases in which a company provides insurance at a very low rate because of the high amount of profit the company earns. Also cheap cars get insured at low rates of interest. There re separate and special insurance plans for women which are quite different to those offered to men. Mostly, it has been seen that women are provided, along with their car insurance, other benefits free of cost or at a low rate. These benefits include Comprehensive coverage, Medical coverage, Collision coverage, Roadside Assistance coverage, etc.
With increase in demand for women car insurance, many companies have started a special women's insurance subsidiary. This enables the company to provide better deals to the consumers. There are specialist women insurance companies like LadyBird and Shiela's Wheel which are known to provide benefits to women as an enticement. They even offer cover for small articles like handbag and purse. So any man who wants to insure his car should do so on his wife's name so that he gets the special benefits and also gets to pay low premium.
Although women are known to have become aggressive drivers, there is no statistical evidence as such. So unless any statistical evidence comes up, premium rates for women drivers are going to remain low.
Jon Elton owns and operates a Car Home Life Insurance Quotes website to help while making decision about insurance. He also operates a Cheap Car Auto Insurance site to help taking decision about auto Insurance. |
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