Stand-up comedians are full of jokes about women drivers. It's like one more way to make women look bad, no matter what they are doing. Except the insurance industry collects and shares statistics from all the accidents reported to the police and forming the basis of the claims made. The actuaries know who is more dangerous. They have the facts to back them up. The reality is that women are better drivers than men. Looking at the number of accidents for miles traveled, women of all ages and seniors have the fewest accidents. The reasons are easy to state. They drive more slowly and follow the law. Each journey tends to be a shorter distance and usually made during the day or early evening, not at night. Women and seniors are less likely to drive while drunk or on drugs. They are more likely to drive safer vehicles. If there are traffic accidents, the damage is usually less because the collision comes at a slower speed.

All this will make depressing reading for all inexperienced drivers and men in general. As a group, you are more likely to get in an accident. If there is an accident, the damage is likely to be more serious. The result? The premium rates are lower for women and seniors. With regular policies, this saving is passed on through the points system used to make the personal risk profile. People with a good points score, are given discounts and pay less. But the greatest savings are always found in the specialized policies.

Insurance works by collecting in premiums and then sharing out the cost of all the losses between the policy holders. If a policy is for everyone, young/old, experienced/inexperienced, the losses are shared out among everyone. This means the safer drivers subsidize the dangerous drivers. But most insurers run policies for identified groups. So, if you qualify for membership, you can often make big savings on the premium because, say, all the seniors have their own policy. Check out the websites for the insurers and look out for specialized policies. It can also save money for young and inexperienced drivers. Check out what's on offer to find the cheapest auto insurance policies. If you decide on a regular policy, protect your interests by fitting safety features to your car and driving safely. The longer you drive without a claim, the more discount you will earn and the cheaper the premium you will pay.