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‘Oops’ and ‘oh no’: What insurance data says about women drivers
['Tshehla Cornelius Koteli', 'Business Journalist']
The Citizen
However, King Price Insurance’s claims data has revealed that there’s actually some truth to the frequency of these little everyday mishaps.
Men are more high-risk compared to womenNtuli says the data also revealed that men are more high-risk than women.
She highlights that same thinking is reflected in how insurance premiums are determined.
On average, women pay around 18% less for car insurance than men.
How insurance premiums are determinedNtuli adds that it doesn’t mean insurers reward women for being women.