Male vs Female car insurance rates

[hellfreeze]

A while back females had lower car insurance due to the insurance companies saying that males were more prone to race and all....is this still effective? Or did they realize it's discrimination? Just curious since a friend of mine is finally gonna get her car soon

 

[minendo]

Males 16-25 have the highest insurance costs.

 

[hellfreeze]

Originally posted by: minendo
Males 16-25 have the highest insurance costs.

so females of the same age have it cheaper?

 

[minendo]

Originally posted by: hellfreeze

Originally posted by: minendo
Males 16-25 have the highest insurance costs.

so females of the same age have it cheaper?

Yes.

 

[DaWhim]

my housemate will have to pay $5000 for a year policy, if he moves back to long island. he is under 25!

 

[hellfreeze]

Originally posted by: DaWhim
my housemate will have to pay $5000 for a year policy, if he moves back to long island. he is under 25!

WOW!!! what kind of car??

 

[MovingTarget]

Me and my sister are only a year apart and are in that age group. Her insurance is lower by a decent amount. So, yes, they do have it better....

 

[MercenaryForHire]

Full coverage for me (20 year old male, NO tickets, NO claims, 2003 Civic LX sedan) = CDN$5200/yr

- M4H

 

[hellfreeze]

insurance for my car, 03 mistubishi lancer es with one accident (half fault. f00kin cops) is $1400/6 months for full coverage...im 18

 

[Mill]

Originally posted by: MercenaryForHire
Full coverage for me (20 year old male, NO tickets, NO claims, 2003 Civic LX sedan) = CDN$5200/yr

- M4H

WTF???

I am 20 and have tickets on my record and I don't pay that much in two years for a Mustang GT and a Ford Explorer. Wow.

 

[MercenaryForHire]

Originally posted by: Millennium

Originally posted by: MercenaryForHire
Full coverage for me (20 year old male, NO tickets, NO claims, 2003 Civic LX sedan) = CDN$5200/yr

- M4H

WTF???

I am 20 and have tickets on my record and I don't pay that much in two years for a Mustang GT and a Ford Explorer. Wow.

Yes, but I drive a Civic. Therefore, I'm an Illegal Street Racer, who spends all night drag-racing down crowded streets and all day running over young children and puppies.

F***ing corporate stereotypes.

- M4H

 

[LAUST]

before the age of 25 you should all own 8 year old 4 door Honda Civic DX's

 

[MercenaryForHire]

Originally posted by: LAUST
before the age of 25 you should all own 8 year old 4 door Honda Civic DX's

Civic? You nuts?

Try a 10-year-old bigass pickup. They're low to insure because your personal injury amount is pretty much nil. Your collision coverage for the other guy goes up, because if you're in an Urban Tank, you'll be fine, but the other poor SOB will have his sh!t ruined fiercely.

- M4H

 

[Pr0Hawk]

I see more women get into accidents than men. But when I do see men get into accidents, they are 10 times worse.

 

[DaWhim]

Originally posted by: hellfreeze

Originally posted by: DaWhim
my housemate will have to pay $5000 for a year policy, if he moves back to long island. he is under 25!

WOW!!! what kind of car??

he got a nissan SUV. actually, it is because the way he likes to drive. he has paid 8 speeding tickets and got his license suspended once.

 

[MercenaryForHire]

Originally posted by: Pr0Hawk
I see more women get into accidents than men. But when I do see men get into accidents, they are 10 times worse.

Sad but true (in my experience.) When it's a man at fault, it tends to be "Accident Due To Stupidity" like running a red, reckless, or DUI. When it's a woman, it's "Oops, there was a car there!" "No, the brake is the other pedal" and "Honey, R puts you in reverse"

- M4H

 

[Scootin159]

Women have more accidents...
but Men have higher claims

Basically women have fender benders, guys total cars.

Still though it's disgusting that I have to pay almost $7000/year insurance while a girl my age can get away with $2000 (or less), even with a few accidents/tickets.

 

[spidey07]

Its called discrimination.

I'd fight it if I were you.

 

[LAUST]

Originally posted by: MercenaryForHire

Originally posted by: LAUST
before the age of 25 you should all own 8 year old 4 door Honda Civic DX's

Civic? You nuts?

Try a 10-year-old bigass pickup. They're low to insure because your personal injury amount is pretty much nil. Your collision coverage for the other guy goes up, because if you're in an Urban Tank, you'll be fine, but the other poor SOB will have his sh!t ruined fiercely.

- M4H

I know they like to hike it abit for the 4x4.. but maybe 2wd trucks are cheaper

 

[MercenaryForHire]

Originally posted by: LAUST

Originally posted by: MercenaryForHire

Originally posted by: LAUST
before the age of 25 you should all own 8 year old 4 door Honda Civic DX's

Civic? You nuts?

Try a 10-year-old bigass pickup. They're low to insure because your personal injury amount is pretty much nil. Your collision coverage for the other guy goes up, because if you're in an Urban Tank, you'll be fine, but the other poor SOB will have his sh!t ruined fiercely.

- M4H

I know they like to hike it abit for the 4x4.. but maybe 2wd trucks are cheaper

Bingo. A 4x4 truck will get classed into a "potential off-road vehicle" and raise the payments on major frame/chassis/drivetrain damage. A 2wd "street truck" gets off easy.

- M4H

 

[freebee]

Originally posted by: MercenaryForHire

Originally posted by: Millennium

Originally posted by: MercenaryForHire
Full coverage for me (20 year old male, NO tickets, NO claims, 2003 Civic LX sedan) = CDN$5200/yr

- M4H

WTF???

I am 20 and have tickets on my record and I don't pay that much in two years for a Mustang GT and a Ford Explorer. Wow.

Yes, but I drive a Civic. Therefore, I'm an Illegal Street Racer, who spends all night drag-racing down crowded streets and all day running over young children and puppies.

F***ing corporate stereotypes.

- M4H

Its all risk classifications...has nothing to do with sterotypes. You rates are based on the limited amount of years you've had insurance (and to a lesser degree your vehicle which has lots of comp claims). AFAIK Canada doesn't have the pip problems that plague states like NJ.

 

[Mookow]

Originally posted by: MercenaryForHire
Full coverage for me (20 year old male, NO tickets, NO claims, 2003 Civic LX sedan) = CDN$5200/yr

- M4H

So, in REAL dollars... we are talking *makes conversion in his head*... $5/decade?

 

[MercenaryForHire]

Originally posted by: Mookow

Originally posted by: MercenaryForHire
Full coverage for me (20 year old male, NO tickets, NO claims, 2003 Civic LX sedan) = CDN$5200/yr

- M4H

So, in REAL dollars... we are talking *makes conversion in his head*... $5/decade?

/runs Mookow over with snowblower

USD$3800 or so.

- M4H

 

[freebee]

I don't know where everyone is digging up these underwriting guidelines...most are simply not the main cause of your premiums....y'all must work for the nuts at Allstate...(where everything is "somewhat" your fault...

 

[mugs]

Originally posted by: spidey07
Its called discrimination.

I'd fight it if I were you.

It's not discrimination because the insurance companies have data that shows what factors make a person more or less expensive to insure. It's called actuarial science.