I have never filed a claim on my auto insurance and I have just renewed my policy here in Scottsdale, Arizona. I am just curious to know, is it true that men file more car insurance claims and have higher insurance rates than women?

Terra

Scottsdale, AZ

According to statistics from the National Highway Traffic Safety Administration (NHTSA), male motorists file more auto insurance claims than female motorists. This is not just for men who are between 18 and 24 years old but it is for men of all ages. The reason behind this is that men are usually more assertive and likely to get on dangerous driving practices like not wearing seat belts, driving under the influence, etc. Male motorists also drive more miles than female motorists which intensifies their risk of being involved in a collision and the number of car insurance claims that they may probably file.

You have to keep in mind that insurance providers, including those in Scottsdale, Arizona, are very much aware of these data and assess their auto insurance premiums appropriately. Even if a male driver has a flawless driving history, exceptional credit score and resides in a low risk area, he is still apt in paying higher car insurance rates than women. However, over the previous couple of years, there has been a rise in women driving more frequently and for prolonged periods of time. This could be because women are dealing with full-time jobs, take their kids to school, etc. All of these things add to their time driving and bump up their stress level and could bring about aggressive manners on the road.

Tags: auto insurance claims, car insurance, car insurance rate

One of my friends are subscribing for the usual annually paid automobile insurance policy while another friend of mine has the “pay-per-mile” automobile insurance. How does the latter automobile insurance differ from the former in terms of affordability?

Annette

Deer Valley, AZ

Pay-per-mile automobile insurance gives the policyholder the chance to control his/her policy premium. This is, while the policyholder can still claim for the same amount when he/she gets involved in a roadway accident. This type of automobile insurance depends on the number of miles a policyholder travel using the cars he/she insured. Those who use their insured car on a particular schedule in a year will benefit to pay-per-mile automobile insurance. Hence, the annual amount of the automobile insurance policy a policyholder needs to pay will be converted to a “per-mile” fee. Insurance companies employ different ways to track the number of miles your car already travelled.

Some civil organizations have advanced this type of automobile insurance because its latent function is to lessen traffic congestion and pollution from automobiles. With this, many insurance companies offering the pay-per-mile automobile insurance give discount opportunities to those whose insured cars travelled short distances. Many insurance providers give discounts to their policyholders that travelled less than 15,000 miles a year. Compared to that of annually-paid automobile insurance, pay-per-mile automobile insurance lets policyholders to avail 40 percent discount annually, which can be converted up to hundreds of dollars.