There are many car insurance myths that are full of bologna, but there is one that actually holds a little bit of truth (well, depending on the circumstances.) Have you ever heard that there’s a difference between the rates women pay for car insurance and the rates men pay for car insurance? Maybe you’ve wondered if that’s actually accurate. Maybe you’ve doubted that such a thing could be.
But here’s the truth of the matter:
Car insurance for women is often less expensive than car insurance for men.
There is a good amount of reasoning behind it – it’s not an arbitrary trend (because nothing in insurance is arbitrary.) And note that we say often. It’s not a rule that’s true for everyone everywhere. We’ll explain why car insurance for women might cost less than car insurance for men, and we’ll explain how you can get lower car insurance rates regardless of your gender.