Posted by Choosing the right car insurance can be overwhelming, especially when it comes to finding a policy that’s tailored to your specific needs as a woman. With so many different companies and coverage options to choose from, you must do your research and compare policies carefully.
To help you make a more informed decision, we’ll explore the top car insurance companies for female drivers based on factors like price, coverage, etc., and by the end, you’ll have all the information you need to make the best car insurance purchase.
According to the Insurance Institute for Highway Safety (IIHS), an independent and nonprofit organization dedicated to reducing deaths, injuries, and property damage from motor vehicle crashes through research and education of consumers, women account for 29% of crashes that lead to fatalities, and they tend to pay a pretty high premium when they seek to insure their cars.
Despite the high cost, the good news is that there are plenty of great insurance companies out there that offer policies designed specifically for you as a woman. So let’s get started with the benefits of car insurance for female drivers.
Benefits of Car Insurance for Female Drivers
The following are the benefits of car insurance for female drivers:
- Lower premiums
- Specialized coverage
- Peace of mind
- Roadside assistance
- Maternity coverage
- Accident forgiveness
- Safe driver discount
- Multi-policy discount.
Lower Premiums
Generally, it is no longer side talk that female drivers typically pay less for car insurance than their male counterparts. The reason for this is simple. As a woman, you always take it slow while driving, which means you are less likely to get into accidents or file claims.
This translates to you having to pay lower premiums.
Specialized Coverage
A good number of insurance companies offer coverage options that are designed specifically for you as a woman.
Such coverage includes things like maternity coverage, which can help cover costs associated with pregnancy and childbirth.
Other specialized coverages that they offer are roadside assistance, accident forgiveness, and many more. Interesting right?
Peace of Mind
Just knowing that you are going to be protected even if an accident happens is a special kind of feeling.
As a woman, this can be very important for you, especially because you have some other additional concerns at your place of work and the fact that you have to ensure the safety of your children at home.
Roadside Assistance
Some events, like flat tires, dead batteries, etc., can happen by the side of the road, and you are very likely to need assistance.
As a result, many insurance companies offer roadside assistance as part of their policies, so it can be very beneficial for you.
Maternity Coverage
Just as the name suggests, this coverage helps cover the costs of your pregnancy and childbirth. It can be a valuable benefit for women who are planning to have children, as certain costs like doctor’s visits, hospital stays, and more are taken care of by this coverage.
I know you might be asking if this is still part of having a car insurance policy. Well, it is, and there are a lot more benefits that come with having car insurance as a woman.
Accident Forgiveness
Another benefit of having car insurance as a woman is the accident forgiveness policy that some of these insurers offer.
This is a feature that is very helpful for female drivers. If you have accident forgiveness, your insurance rates won’t go up after your first accident.
It is a big relief, as accidents can be very expensive and stressful too.
Safe Driver Discount
As a female driver with a clean record, insurance companies are very likely to offer you this discount. This means you will be rewarded with lower insurance rates as long as you are a safe driver who does not have any records of accidents, tickets, or other major violations.
Multi-Policy Discount
This is a discount that many insurance companies offer to customers who have more than one policy with them.
For example, you might have both your car insurance and your home insurance with the same company.
Criteria for Selection of the Best Car Insurance Companies for Female Drivers
Below are the criteria for choosing the best car insurance companies for female drivers:
- Availability in your area
- Coverage options
- Discounts available
- Customer service reputation
- Claims process.
List of the 10 Best Car Insurance Companies for Female Drivers
The following are the best car insurance companies for female drivers:
Details on Female Drivers’ Best Car Insurers
1. Allstate
- Year Founded: 1931
- Location: USA
Pros
- They have a wide range of coverage options for their customers
- this insurance has a variety of discounts for female drivers
- They have an excellent financial strength rating.
Cons
- Their rates can be high compared to their competitors
- Slower claims process than some other companies
- Some customers report negative experiences with customer service
Description
Allstate is one of the largest and most well-known car insurance companies that offers a variety of coverage options like accident forgiveness, new car replacement, and many more.
So when it comes to car insurance for women, Allstate has a lot to offer. Let’s take, for example, that this insurance has a program that’s called the Women’s Choice Award.
This program recognizes companies that have a high level of customer satisfaction among women, and they also have programs like Accident Forgiveness and Drivewise that can be very beneficial for women drivers.
2. GEICO
- Year Founded: 1936
- Location: USA
Pros
- They have competitive rates
- Their customer service is available 24/7 for claims service.
Cons
- Their coverage options are limited to the selection
- They don’t have customizable policies
- Their claims process does take time.
Description
This insurance firm offers competitive rates and a variety of coverage options, like roadside assistance and many more, for its policyholders.
Of course, GEICO has some unique benefits for female drivers. For example, they have a Women at the Wheel program that offers tips and advice for female drivers.
They also offer a money-back guarantee on their policies, which gives women the peace of mind that they can switch to another company if they’re not satisfied with their coverage.
3. Liberty Mutual
- Year Founded: 1912
- Location: USA
Pros
- They have a variety of coverage options
- Several discounts are available
- This insurance company has a strong reputation for customer service.
Cons
- Lack of customization options
- Their rates can be high compared to their competitors
- Poor online ratings from some customers
- Limited branch locations
Description
Another great option for women drivers is Liberty Mutual, and the thing that sets it apart is its commitment to flexibility.
This insurance provider has different options for payment plans, so you can find a plan that fits your budget.
They also have a variety of add-on coverage options, so you can customize your policy to fit your needs.
4. Progressive
- Year Founded: 1937
- Location: USA
Pros
- They have very competitive rates
- Their website and mobile app are user-friendly
- They also have a good reputation for customer service.
Cons
- Lack of customization options and limited availability in some areas
- Some customers report that the claims process is slow and that customer service can be hit or miss.
Description
Progressive is known for being innovative and forward-thinking, and they have a lot to offer women drivers.
Their snapshot program helps them track your driving habits through a device and give you feedback on how to improve.
And if you’re a woman who owns her own business, Progressive has a special program called Women in Business that offers additional savings.
5. State Farm
- Year Founded: 1922
- Location: USA
Pros
- They have a wide variety of coverage options
- Good reputation for customer service
- They offer discounts to safe drivers.
Cons
- Their premium rates can be high compared to their competitors
- They have limited customization options
- Their availability in these areas is limited
- Poor online ratings from some customers
Description
State Farm is another company that’s worth considering. They have a long history of helping people protect what matters most to them.
They also offer discounts for safe drivers as well as a variety of add-on coverage options, like roadside assistance and rental car reimbursement.
6. Farmers
- Year Founded: 1928
- Location: USA
Pros
- They have competitive rates
- Many coverage options
- A variety of discounts are available
- Strong financial strength rating.
Cons
- Limited customization options
- Not available in all states
- Can be difficult to contact customer service.
Description
This is another great option for female drivers. They have a unique program called Signal, which is a smartphone app that tracks your driving habits and gives you feedback on how to improve.
Additionally, Farmers has a strong commitment to customer service, with a 24/7 claims hotline and an online claims reporting tool.
7. Esurance
- Year Founded: 1999
- Location: USA
Pros
- Esurance has a user-friendly website and mobile app
- It also has several discounts available
- Its claims process is very fast
Cons
- It has limited customization options
- Poor online ratings from some customers
- Limited variety of coverage options
Description
As a tech-savvy woman, you probably need to consider this insurance company. This is because they have a lot of online and mobile tools that make it easy to manage your policy and file claims.
Their DriveSense program uses a plug-in device to track your driving habits and give you feedback on your driving.
They also have a reward program that gives you discounts on things like hotel stays and rental cars.
8. USAA
- Year Founded: 1922
- Location: USA
Pros
- They have an excellent customer service
- Offer competitive rates to their customers
- They have many discounts available
- USAA is financially buoyant.
Cons
- Not the best rates for non-military drivers
- Slow claims process
- Limited customization options.
Description
When it comes to car insurance for female drivers, USAA stands out because of its commitment to serving the military community.
They understand the unique challenges and needs of military families, and they have a deep understanding of the risks and rewards of military life.
This makes them a great option for women who are serving in the military, have a spouse who is serving, or have a parent or child who is serving.
They also offer a variety of military-specific discounts and benefits, like discounted rates on rental cars and hotels.
9. Nationwide
- Year Founded: 1884
- Location: USA
Pros
- Nationwide has a wide variety of coverage options
- They have numerous discounts available
- Ability to bundle home and auto insurance.
Cons
- Limited availability in some states
- No local agents in some areas
- Online ratings are not as high as some competitors.
Description
Nationwide is another great option for female drivers. They also have a reputation for excellent customer service, with 24/7 claims service and a variety of online and mobile tools.
Plus, they offer a program called Vanishing Deductible, which can help you lower your deductible over time.
10. Travelers
- Year Founded: 1953
- Location: USA
Pros
- They have flexible coverage options
- Strong financial strength rating
- User-friendly website and mobile app.
Cons
- Higher rates than some competitors
- Limited customization options
- Slow claims process.
Description
This insurance firm has a Safe Driver Program, which rewards you for driving safely. They also have a program called IntelliDrive, which uses a small device to track your driving habits and give you personalized feedback.
And they also offer a variety of discounts, including a multi-policy discount and a good student discount. Plus, they have a strong financial strength rating and a reputation for customer service.
Factors to Consider When Choosing Car Insurance Companies for Female Drivers
Below are the factors you need to consider when choosing car insurance companies for female drivers:
- Availability in your area
- Coverage options
- Discounts available
- Customer service reputation
- Claims process.
Availability in Your Area
The availability of an insurance company in your area is an important factor to consider. You’ll want to make sure that the company is available in your location and that they have a good network of agents.
This will ensure that you can get the help you need if you have a claim or need to make changes to your policy.
Coverage Options
You’ll want to make sure that the company offers the coverage you need, and at a price you can afford. Some coverage options to consider are:
Bodily injury liability
Property damage liability
Collision coverage
Comprehensive coverage etc.
Discounts Available
Many insurance companies offer discounts like defensive driving discounts, low mileage discounts, multi-policy discounts, etc., for female drivers, which can help you save money on your policy.
Customer Service Reputation
After all, you’ll want to know that you’ll be able to get help when you need it. Isn’t that right? So when looking at customer service, you’ll want to consider things like how easy it is to get in touch with a representative, the average wait time for assistance, whether the company has a good track record of resolving customer issues, and many more.
Claims Process
You need to know that the company has a good track record of processing claims quickly and fairly. Also, you’ll want to consider whether the company offers any additional services to help you through the claims process.
FAQs
What discounts are available for female drivers?
There are a variety of discounts available for female drivers, such as safe driver discounts, multi-policy discounts, good student discounts, etc.
Is the customer service reputation of an insurance company important?
Yes, the customer service reputation of an insurance company is very important. You want to make sure that you can get help when you need it and that the company is responsive to your needs.
How do I know if an insurance company has a good financial strength rating?
A financial strength rating is a measure of an insurance company's financial stability. You can find this information from independent rating agencies like A.M. Best, Standard & Poor's, and Moody's.
Is collision coverage worth it for female drivers?
Collision coverage helps to pay for repairs to your vehicle if it is damaged in an accident, regardless of who is at fault. It is important to weigh the cost of the coverage against the value of your vehicle. If your vehicle is older or not worth a lot of money, it may not be worth it to have collision coverage.
We Also Recommend:
- Best Affordable Car Insurance for High-Risk Drivers
- 10 Best Affordable Motorcycle Insurance
- 20 Best Cheap Car Insurance For Young Female Drivers
- 10 Best Car Insurance for Low-Mileage Drivers
- 10 Best Car Insurance for New Drivers Over 30.
Closure
There are several great car insurance companies for female drivers which we have discussed in this guide.
These companies have good financial strength ratings, a variety of coverage options, and discounts available for female drivers.
When seeking to purchase car insurance, you need to consider the cost of the policy, the reputation of the company, the specific needs of each driver, etc.