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Men pay more than women for car insurance in Canada

Among the many factors that help determine auto insurance premiums are a person’s driving record, years of driving experience, insurance history, vehicle make and model, type of usage and even gender.

LowestRates.ca published a report with data collected on male and female drivers aged 17 to 60, from three major cities in Canada, Toronto, Montreal and Calgary, to understand the correlation between age, gender and car insurance premiums. The report shows that men are much more likely to be involved in traffic accidents, and are also more than three times as likely to be driving under the influence of drugs and alcohol than women. They also saw that men are more likely than women to commit traffic violations, such as dangerous driving.

For the full report, visit:  https://www.lowestrates.ca/blog/auto/gender-auto-insurance-report-2020

Source: https://www.newswire.ca/news-releases/in-canada-men-pay-more-than-women-for-car-insurance-across-all-age-groups-according-to-a-new-report-from-lowestrates-ca-808905467.html