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Men and women even shop for car insurance differently

Men and women even shop for car insurance differently

According to a recent study conducted in Singapore, men and women are poles apart when it comes to the strategies they use to track down car insurance with the majority of women opting to consult their partner on the matter, while men would seek the advice of an insurance agent. 400 Singapore motorists were polled as part of the study which was commissioned by motor insurance price comparison website, CompareXpress. The findings revealed that half of all the women drivers who were questioned would discuss their car insurance options with their spouse or partner before signing up to a new policy. However just 3 in 10 men said they would consult their partner when searching for motor insurance. The study also found that when it comes to researching car insurance online, the sexes are equal with both using online resources to track down the right policy for them. However women are less likely to ask to a wide range of quotes from different insurers with just 2 in 10 requesting a car insurance quote from a broker or direct from an insurance company, compared to 4 in 10 men. It certainly pays to shop around for car insurance quotes as the study in Singapore showed that those who did compare rates of car insurance tended to pay lower insurance premiums.

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