Car insurance for women
Whereas in the past, car insurance could be priced differently based on gender, a European Court of Justice – ECJ – ruling that came into effect in 2012 means insurers can no longer take gender into account when quoting the cost of car insurance.
The average cost of fully comprehensive car insurance quotes for female motorists and how this has changed over the last 5 years, according to MoneySuperMarket data from January 2013 – July 2018.
Before the new rules came in, women often received cheaper car insurance as, statistically speaking, they were found to be safer drivers compared to men and less likely to make a claim.
However, there are other factors that can affect how much you pay for car insurance, and trends among women drivers often mean that car insurance quotes for women still end up being cheaper overall.
How much is women’s car insurance?
The average cost of a fully comprehensive premium for women was £454 in July 2018. You can compare the average cost of fully comprehensive car insurance for women over the last five years in the table below:
Year | Average quote for a fully comprehensive quote |
|---|---|
2013 | £393 |
2014 | £388 |
2015 | £452 |
2016 | £489 |
2017 | £522 |
2018 | £454 |
The average cost of fully comprehensive car insurance quotes for female motorists in each year over the past 5 years, according to MoneySuperMarket data from January 2013 – July 2018.
Is women’s car insurance cheaper than men’s?
Although insurers won’t give female motorists cheaper car insurance based on their gender, women actually pay 22% less for their premiums than men. That’s according to MoneySuperMarket data, which shows that while women paid an average of £454 for their fully comprehensive car insurance in July 2018, men paid an average of £567.
The difference in car insurance quotes isn’t due to gender but a number of other factors that affect price, such as a trend for women to drive less powerful cars with smaller engines, as well as travelling fewer miles than men.
The average cost of fully comprehensive car insurance for male and female drivers, according to MoneySuperMarket data from January - July 2018.
If you are trying to minimise your car insurance costs, these are the things to consider:
- Engine size
- Make and model of your car
- Increasing your excess
- Getting a telematics policy
- Car security
For more ideas on how save on car insurance for women drivers, visit our money saving tips page.
Women’s car insurance for young drivers
While gender has been taken out of the equation, age is still very much a consideration when it comes to calculating the cost of women’s car insurance premiums, and it’s the under-25s who generally pay the higher prices.
Car insurance for young drivers under the age of 25 tends to be higher because they are generally less experienced drivers, and insurers tend to view them as a bigger risk.
The average cost of fully comprehensive car insurance for women by age, according to MoneySuperMarket data from January - July 2018.
Women’s car insurance comparison
The best deals can be found when you shop around, so make sure you compare car insurance for women and don’t just accept the renewal offer made to you by your insurer. Make a note of when your policy is set to renew and then check for a better deal.
When you compare car insurance with MoneySuperMarket, you can instantly review more than 100 insurance companies across the UK to get the best deal possible for you.
Always remember that when comparing car insurance for women, the cheapest quote may not always be the best value; the most important thing is to make sure that the level of cover matches your circumstances. And in some cases, it may even be worth paying a little extra to include additional features such as breakdown cover.