Median Car Insurance Rate for Women Nine Percent Lower Than Men's

The median car insurance rate for women is approximately nine percent lower than the rate for men according to InsWeb (NASDAQ: INSW), a leading online insurance comparison provider.

The current national median rate for women is $698 for a six-month policy. For men, it’s $765.

Why do women pay less on average for car insurance than men? The answer may lie in the differences between the men and women that shop online for insurance, rather than the way insurers actually view the genders.

Based on an examination of male and female drivers who request insurance quotes at, several differences are noteworthy, including:

— Women are almost 50 percent less likely than men to have a DUI/DWI on their driving record — Women are approximately 10 percent less likely to have a moving violation on their record — Women own vehicles with an average list price that is over 8 percent lower than the list price of vehicles owned by men ($22,815 vs. $24,861, respectively) — Women listed as the primary driver are less likely than men to purchase a car insurance policy with multiple drivers and/or multiple vehicles

“While the difference in the median rates for men and women is clear, we can’t say definitively that women pay less than men for car insurance because they’re women,” said Brad Cooper, InsWeb’s Senior Vice President of Operations. “Our data suggests there is very little rate variation when gender is the only difference between two drivers. The variance in the median rates is most likely due to differences in the underwriting profiles of our male and female consumers.”

To view the median rates for men and women segmented by state, please visit InsWeb’s Male/Female Car Insurance Rate Index.

To learn more about how car insurance rates are determined, please visit InsWeb’s Auto Insurance Learning Center.

To compare car insurance quotes from top national carriers, visit InsWeb’s car insurance quote form.

About InsWeb InsWeb Corporation (NASDAQ: INSW) owns and operates a network of leading insurance marketplace and education websites. Founded in 1995 and headquartered in Sacramento, California, InsWeb’s primary properties include,,, and InsWeb has invented multiple e-commerce and online insurance distribution technologies and owns the following patents: 6,898,597; 7,107,325; 7,389,246; 7,640,176 and 7,707,505. In 2009, more than 10 million consumers turned to InsWeb for answers to their insurance questions.

About InsWeb’s Median Rate Data To determine median car insurance rates, InsWeb uses a proprietary system that tracks the rating algorithms of multiple insurance carriers in each state. Rates are based on actual customer profiles that can include multiple drivers, multiple vehicles and other variables.

For more information, please contact InsWeb.

Media Contact: Jonathon D. Tudor InsWeb Corporation (916) 853-3386 Email Contact

SOURCE: InsWeb Corporation