Insurance News

You may read the title of this post and be a little confused right now because most cars are safe, aren’t they? They all have safety features these days because families look for such features before they buy a certain car. However, there is more than one way in which a car can be deemed safe and your womens car insurance will certainly point to that fact. For example, some cars are considered safe in terms of being rather undesirable to thieves whereas others are at risk of being targeted for stealing. A recent look at data from last year has revealed exactly which cars your womens car insurance provider will consider safe this year and so which will save you money on your premiums.

The recent report stated that, between 2004 and 2011, the Ford Ka was the most appealing car to motorists that did not want to deal with its theft. Thefts were less than 1 in 5000 because it apparently has “no street cred” with criminals. As such, if you have a Ka, your car insurance company is likely to go easy on your premiums in the coming year. There are other cars that will join it as well, such as the Hyundai Amica. However, there are certain cars that will have absolutely no benefits for your womens car insurance premiums at all.

The Toyota Yaris was revealed as the most stolen car, with 1 in 244 being stolen every year, although the Volkswagen Touareg, Volvo XC90, Porche 911 and Seat Altea right behind. Some of those may not be expected to be on the most stolen list because of the level of credibility, style, fashion and so on are not really that high. Of course, the Porsche 911 is different but the Seat Altea? It is certainly worth looking at the associated data when you realise that this is the case because it will impact upon your womens car insurance premiums.

Calculating womens car insurance is not an exact science because insurers do not reveal how they do it. However, it is certainly worth considering all the information at your disposal when it comes to choosing a new car. Asking yourself whether you can afford it or not will definitely give you a good idea of how much being on the road will cost you. In some vehicles it will cost you a little and in others a lot so choose wisely and take full advantage of data at your disposal!

In the last few days, a well known newspaper’s financial advisor has drawn attention to the car insurance industry and the fact that insurers are a law unto themselves. The newspaper published a letter from a reader, who actually highlighted the main problem via her own personal experience.. She had taken out a womens car insurance policy after finding a better quote than the one she had from her original provider. This was fine but the problem came when the time came for her old insurer to inform the new one that she did indeed have several no claims bonus years but she had been in an accident in the last yar, although it was not her fault and no claim was ever made.

Despite having several no claims years, declaring the bump and being found not at fault – all of which you think would indicate that she was an exemplary driver – a charge of more than £60 was addedd to the premiums she had previously been quoted for womens car insurance

You may well be sitting in front of your computer screen  with your mouth hanging open or in general disbelief and you would be right to do so. After all, if you have never claimed for an accident why should your premiums be increased? Well, it is apparently a result of statistics! You are statistically more likely to get into another accident within 12 months than you would have been had you not been involved ina bump. Why? Because apparently being not at fault in an accident means nothing. Some insurers perceive it as an indicator of poor driving habits like speeding, cutting other drivers up or generally not paying attention. As such, you have to pay more because others are reckless and hit you.

Womens car insurance is soon to be a thing of the past but this problem is not going to disappear when the policy does. Instead, it is far more likely to persist because it is not specific to that sector of the market. In fact, it is quite prevalent. In the case outlined above, the womens car insurance provider is actually a subsidiary of a major car insurance firm. It does make you wonder whether or not it is worth declaring accidents. Of course you have to by law but it is certainly worth thinking about these things when you get car insurance quotes when renewal time rolls around.

Well ladies, it has been confirmed that the fairer sex, and indeed the better drivers if years of statistics are to be believed, will no longer be able to take advantage of “gender biased” womens car insurance as of December 2012. This applies to companies offering women new policies and the renewal of existing policies. As such, whether you have womens car insurance now or not, you will not be eligible for it as of 2013.  So what does this mean for you?

Well, first of all it means that women up and down the UK can expect to pay more for their car insurance because they will not bring men’s policies down to meet the pricing. The car insurance companies, that is. However, much depends on your driving record as to how much your premiums will go up by. Although there will be no blanket discounting for women car insurance policies in the future, car insurance companies will be forced to assess drivers as individuals. This basically means that you will have your driving record and claims record scrutinised, penalty points, accidents, thefts and all, so that you get a fair quote that is not based on your gender. Although this will work to bring careful drivers’ premiums down, it may not do you any good.

So what can you do if your womens car insurance premiums suffer a massive rise later on? Well, the first is obviously compare policies and decide who you can trust. Womens car insurance companies will have to start selling policies to men or else face going out of business. However, if there is a specific company you trust then get a quote. If you have been with the same company for years then you should know that loyalty does not pay but that is not to say that you cannot see if a specific company offers the best value for money or indeed the most affordable policies. It is definitely worth doing your homework because having peace of mind that your insurer actually cars and is trustworthy is worth far more than you may realise.

In truth, with the comparison engine available here at Powerseeker, comparing car insurance has never been easier. You can get a range of quotes from trustworthy providers in next to no time… so take your time. You do not have to decide who to go with right away but be sure to check the market before you decide.

Womens car insurance may legally be a thing of the past thanks to European legislation but that is not to say that the mentality of women looking to get the best deals for themselves, their bank balances and their families is a thing of the past. It is definitely the future for many individuals and families that have their budgets stretched and the supermarkets are leading the way in offering value for money… and that includes in the car insurance market.

As of Monday, a major supermarket will be re-launching their car insurance products to challenge one of their main rivals in the marketplace. To appeal to the masses and especially the womens car insurance policyholders, they are offering significant loyalty points as an incentive to jump ship from your current provider to their own service. Now, I cannot mention the brands but the two insurers involved offer two of the biggest loyalty schemes out there so it is pretty obvious who they are. This incentive is not new but it may appeal to you if you are looking to save money and take full advantage of any savings you can make in your food budget too!

There are, of course, significant positives and negatives associated with taking advantage of loyalty points offers for womens car insurance. The positives are that you get a guaranteed reward for taking out car insurance. You can spend the points on food, household goods and even treats for all the family. You can also take advantage of discounts. One provider offers members of their loyalty scheme 15% off their premiums. As such, you can save between 15% and 20%  offer your total premiums. However, in many cases, you will not get the same discount should you choose to renew so you could end up paying more for coverage.

Although it is definitely worth looking at these offers before taking out womens car insurance, you should also avoid falling hook, line and sinker for them. Some seem to offer better value than they actually do and often cover for cheap insurance that does not offer value for money. Always compare quotes and policies to get the best deal to suit all your wants and needs. Check out features of policies as well as making sure that you can afford your premiums and you will not go far wrong. You need to make sure that your insurance can work for you so make sure that it does just that from day one.

If you have read a few of my posts over the past few months then you will be aware of the fact that I watch Watchdog to see if there are any insurance related matters every week. This week was a huge one because the show revealed an incredible fault with the Citroen C3 Picasso. As the car is a French vehicle that has been adapted to suit the British market, it has a master brake cylinder on the passenger side. As this is not sufficiently protected by the design, it is possible to operate the brake from the passenger side. This could potentially invalidate your womens car insurance if it causes a crash.

So why is it particularly important to women? Asking adult passengers to avoid the brake poses no problem but asking children to do the same could actually have the opposite effect. If you find this problem on your Citroen C3 Picasso then take it to a dealership today to get it sorted!

Finally we all know why women are less prone to having accidents than men! There has recently been a study to see why male drivers are more likely to have an accident when out and about on the road and it revealed that they are far less likely to concentrate on the road if they have a female passenger alongside them. I have seen some male commentators argue that it is no wonder if the wife is nagging and others shocked that a hot woman would distract a male driver. However, one fact remains – womens car insurance premiums should be less as a result.

Of course, thanks to the European court ruling, this will not be the case in coming years because it is gender biased but it does beg questions as to whether there should be gender bias or not in the car insurance industry and whether womens car insurance should be left alone.