Best Insurance Companies

Folksam Insurance and If fails because women over 40 pay more for their car insurance. It may be over a hundred dollars more per month in premiums.
- We look at the compensation paid into monetary terms, and then we see that women in these age groups will cost more, says Kjell Wirén, director of general insurance at Folksam.

- But they still pay less than men averaged over the entire life cycle. It is mainly young men who have a major impact in the accident.

If P & C Insurance is the second insurance company that allows women over 40 pay more for car insurance.
- We see a clear trend that the accident rate is rising among women between 40 and 55. Their premiums have been higher with us since 1995. It is a matter of fairness, I think, says product manager Dan Falconer at If insurance products.

Other companies have chosen not to raise the price for women, although they see the same pattern in the statistics. One of them is the Trygg-Hansa.
- It’s not a big factor, says Bjorn Dalemo, Product Manager at Trygg-Hansa.
- We do not think it is reasonable to price the following criterion. You could say that there is a valuation issue.

Also on Länsförsäkringar sees the same trend in the injury statistics as the other companies, yet they never for women over 40 pay higher premiums than men of similar age.
- We distinguish between the sexes up to the age of 39, says Staffan Nordström at Länsförsäkringar Skåne. There until it is the men who pay more because they are much more accident prone. But then the women will catch up and pass the men. But it is not so much that we think it is worth differentiating premiums.

Insurance companies do not know why women suffer more accidents than men when they are older than 40. But there is nothing that says that women drive worse than men in that age.
A common assumption is that women often have a smaller and cheaper car than their spouses. And it is the car used to exercise and beginner driving the family’s young people.
- Driving is a major factor in these statistics, says Dan Falconer at If. It is an educated guess.

The second explanation is that women over 40 are more susceptible to injuries in accidents, particularly whiplash injuries. Partly because they have smaller cars, which are not as crashworthy, and partly because they are assumed to have less physical resistance to a bang.

Terje Eklund at Automobile Association believes that it is a combination of the two causes, but the injury is the most important factor.
- Sure, this could mean that you lend your car to a greater extent. But the damage to the car is relatively cheap. There are injuries as whiplash injuries, costing companies big money.