In a recent study, it showed that 44 states in the United States are using gender as a determining factor whether your car insurance will be expensive or cheaper.
While there have been no clear data whether women are riskier than men when it comes to driving, car insurance companies still use gender to determine the cost of a premium they will bestow towards their client.
Other than gender, age, credit standing, car model, record in driving, and location are also key factors car insurance companies consider when computing for the actual quote of the insurance. In the United States, the average cost of car insurance plays at $125 per month.
The study, which was done by The Zebra, showed that in 2018 women paid more concerning their insurance cost as opposed to their male counterpart. This was counterchecked in 25 states where 20 of which showed that women pay more.
In a recent development, earlier this year California joined five other US states which banned gender-based car insurance costs. The other five are Montana, Pennsylvania, North Carolina, Hawaii, and Massachusetts.
Per The Zebra analysis, in 2016, women paid more in car insurance cost in 12 US states while this year it went up to double figures. With this figure, The Zebra concluded that most women in the US pay more concerning their car insurance.
For one, in 2016 women only paid $12 per month in Nevada while it increased $121 in 2018. This is a big increase in two years and for The Zebra this is kinda alarming.
The agency noticed this trend when they used a 30-year-old single male and female who drive a four-year-old Honda Accord Ex. Both have a good driving history and their coverage is limited up to $50,000 for injuries in the body per person. The coverage for bodily injury per accident is at $100,000, while property damage is $50,000.