When the insurance industry was starting out, it grouped everyone together, calculated the likely pay-out on claims and divided that amount among the group members as the premium. This was a simple, straightforward system for spreading the risk. If the insurers made good guesses, they ended up with a profit. If they had “bad luck”, they ended up with big losses. Because those in business prefer profits, the calculation of risk has become increasingly scientific. Actuaries collect detailed factual information about everyday events from traffic accidents to thefts to lightning strikes. There are statistics on all the risks covered by insurance companies. Now, these companies group people together on the basis of mathematical models of probability. Groups of safe drivers pay lower premiums. Because women are way safer drivers than men, groups of women drivers pay the lowest premiums.

That means you are likely to get a lower premium than a man just because you are a woman. Except it’s always better to make sure you’re getting the best deal by shopping around. There are many online sites offering search engines. They circulate details about you and the vehicle you drive to all the main insurers for your state. Back comes multiple quotes. Now you can see what the lowest premiums are. Never trust to luck when it comes to the premiums offered by your existing insurer. Always get comparative quotes when it comes to getting your first policy or renewal.

But don’t stop with one set of quotes. There are a number of different ways in which you can get even bigger discounts. As a learner, always take lessons with the instructors recommended by potential insurers. Start off as you mean to go on. After you get your license, continue training with advanced courses and further reduce your premium. As a student, stay in school and get a good GPA. A B grade or better produces savings. Why? The statistics show that responsible students make safer drivers. Now look at the vehicle you drive. Low powered cars which are cheap to repair and less likely to be stolen have the lowest premiums. When it comes to the rates for liability insurance, make sure you tell the insurers that you use public transport as often as possible and drive only a small number of miles a week at off-peak times. Joining a carpool is good if public transport is not available. You need the lowest possible usage and a clean driving record. For collision and comprehensive cover, get details of the vehicles with the lowest claims record. A man may consider them boring to drive, but they are cheap to insure.

Finally, look for discounts on the deductible to accept and for payment on a six-monthly or annual basis. Women drivers with a clean record and excellent credit scores pay the lowest premiums when they buy auto insurance online. It’s just a matter of building on the natural advantage you have as a woman to maximize the savings. Ironically when it comes to auto insurance, you don’t want sex or gender equality. You want to emphasize how different you are from the usual male driver. You don’t want to be treated as if you’re a man. As a woman, you get the best discounts and biggest savings on your auto insurance.