Why is There a Gender Gap in Insurance Rates?
What leads to higher auto rates for young men and lower long-term disability premiums for women?
When first married, many couples sit together and evaluate their insurance coverages and costs: life, health, disability, auto and supplemental policies they have, such as critical care insurance, cancer insurance and accident insurance. As a result, they will often meet with insurance agents and financial advisors to consolidate their coverages and make any changes that they feel will be beneficial.
Something that may get their attention as they get quotes on insurance is the gender gap with insurance rates.
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