According to a popular price comparison website, young men pay, on average, 71% more for their car insurance. This seems a little on the sexist and ageist side, not to mention unfair and it’s a real shame for men that drive sensibly to fork out hundreds of pounds, just to fulfil a legal requirement.
The cut off age is usually around 25 although some insurance firms say 30. This is the age at which the premiums are evened up but why is this?
The facts would suggest that young men are indeed the group of people that cause the most car accidents. There are many reasons for this but the statistics don’t have a habit of lying. Young men are not the best drivers according to the statistics and thus insurance firms are only too happy to charge them more.
Many factors are blamed for this. Some say that young males are too interested in pulling the birds with their cars and drive fast to impress them. Another reason is the boy racer culture which turns roads into racetracks. However, this is the case and men have to pay the price. This doesn’t take into account driving experience or the cost of insurance. There are endless statistics on male driving and none of them look good. Although there is no evidence to suggest that men are more aggressive behind the wheel, there is plenty of evidence that most accidents involve men.
All of these facts explain why men have to pay more for their car insurance. At the younger ages, this difference is at its most noticeable, even if the male has a no claims discount and longer experience, the figures have somewhat distorted the market. The only area that is a real difference is the level of risk taking behaviour and thrill seeking. This is the real reason behind the difference in insurance costs.
So there you have it, you may not consider yourself to be a boy racer or an unsafe driver but the reason for men paying more is simply due to the excessive thrill seeking and risk taking by some members of the male gender.
