Since premiums differ between men and women, it is very likely that changing one’s gender would affect the insurance rates. However, while the discount is a perk, informing the insurance company of the gender change involves several steps.
New York, NY (PRWEB) June 23, 2015
4AutoInsuranceQuote, a New York-based company that specializes in providing free auto insurance quotes to its clients, recently announced the launch of its latest article, “Does Bruce Jenner Pay Less For Auto Insurance Now That He’s A Woman?” The post, which can be read at http://www.4autoinsurancequote.com/blog/bruce-jenner-insurance/, explores how Caitlyn Jenner’s, the former Olympic gold medalist, choice to transition plays a role in lower car insurance rates.
According to the article, women usually pay less for car insurance than men. Statistically, men are more likely to be involved in deadly accidents where they are at fault, tend to drive under the influence at a higher rate, get cited for more traffic violations, and are less likely to wear seatbelts. Since car insurance companies specialize in determining risk, many of them have implemented higher insurance rates for men since more males take part in hazardous behavior.
Since premiums differ between men and women, it is very likely that changing one’s gender would affect the insurance rates. However, while the discount is a perk, informing the insurance company of the gender change involves several steps. For example, some states do not even legally recognize sex changes, and since there are no “legal genders” at the federal level, insurance companies go by what is printed on their customers’ official drivers licenses.
“Even if you change your gender from male to female, or vice-versa, you still might not be able to take advantage of your new gender’s auto insurance rates,” stated 4AutoInsuranceQuote. “As with all other changes to your insurance policy, it’s best to check with your auto insurance provider to see if your gender change will be recognized.”
However, 4AutoInsuranceQuote explains that there are many ways to lower car insurance rates regardless of gender. Vehicle owners are encouraged to compare quotes from multiple insurance companies before committing, switching vehicles to something cheaper to insure, or check if they qualify for low mileage discounts.
Individuals interested in learning more about 4AutoInsuranceQuote can visit the company’s website for additional information.
4AutoInsuranceQuote is a free auto insurance quote provider based in New York, NY. Founded in early 2008, 4AutoInsuranceQuote has provided more than three million insurance quotes for its customers. Readers can visit 4AutoInsuranceQuote.com today to get a free quote for their vehicle. For more information, please visit http://www.4autoinsurancequote.com/blog/bruce-jenner-insurance
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