Best Car Insurance Rates For Seniors Compare Quotes
Senior car insurance is for seniors. Seniors are people who are older than 60 years. Different insurance companies set different ages for seniors. If one partner is over 60 years of age but the other is not, the wording of the policy will be included in the seniority insurance policy. Obtaining senior auto insurance can be difficult.
Often the insurance company charges an expensive premium for senior auto insurance. It has a high premium rate because of the high risks associated with older drivers. Older drivers tend to have frequent accidents due to their bodies falling apart.
For example, older drivers have poor eyesight, so they cannot see properly. It’s important to have the right coverage in your senior auto insurance policy.
Best Car Insurance Rates For Seniors
According to the US Bureau’s survey, human life expectancy is increasing every year. There is a wide range of best car insurance rates for seniors and policies today. Before that, there are fewer options for older insurance policies.
Taking out best car insurance rates for seniors protects you from accidents. Seniors need insurance because they can be involved in accidents at any time. Car insurance protects you from financial burdens.
Although senior auto insurance is expensive, there are many ways to cut costs. You can take a driver training course. Taking a driver education course will make you a more careful driver. There are driver courses specifically designed for older drivers. It teaches older drivers how to deal with different situations on the highway.
For example, most accidents involving elderly drivers occur at intersections. The driver education course will teach the senior driver how to change lanes by paying attention to the traffic sign posts located at road junctions. This will keep you in the right lane. It can be difficult to steer the car into another lane.
The easiest way to find best car insurance rates for seniors is to fill out the online survey form. When completing the online survey form, you will need to answer several questions including vehicle ownership, daily mileage, use of the car, mileage information, etc. You can select the amount of excess you wish to pay.
If you pay a higher deductible, your premium costs will be lower. Paying a lower deductible will increase the cost of the premium. There are two types of deductibles in older auto insurance policies, including comprehensive and collision deductible. The deductible ranges from $200 to $500.
You are free to choose the level of coverage for your insurance. The more coverage you add to auto insurance, the higher the premium cost becomes.
Top 10 Best Car Insurance Rates For Seniors:
- Geico – $507
- USAA – $639
- Esurance – $747
- AAA – $617
- State Farm – $710
- The Hartford – $754
- Travelers – $696
- Progressive – $732
- Mercury – $679
- Allstate – $942
Tips For Finding The Best Car Insurance Rates For Seniors
- Compare offers often. Older drivers often see higher insurance premiums when they turn 60, with additional increases at 70 or 80. This means that regardless of your driving safety, you may need to compare quotes to find best car insurance rates for seniors every time you pass one of these milestones.
- Consider a policy designed specifically for seniors. For example, The Hartford’s AARP auto insurance offers special discounts and tailored benefits for AARP members. Older drivers should consider the benefits of such programs in addition to other factors such as cost and customer service record.
- Adjust your coverage limits to your risk. Statistics show that older drivers are more likely to suffer serious injuries in car accidents than middle-aged drivers. Seniors should therefore consider increasing their coverage limits for insurance policies that cover medical bills, such as protection for personal injury.
Comparison Of Car Insurance For Seniors
| Company | Average Premium | Rating |
| USAA | $639 | 2.8/5 |
| Geico | $507 | 2.6/5 |
| AAA | $617 | 2.5/5 |
| Esurance | $747 | 3.6/5 |
| State Farm | $710 | 3.6/5 |
| Travelers | $696 | 2.2/5 |
| The Hartford | $754 | 2.6/5 |
| Progressive | $732 | 2.8/5 |
| Allstate | $942 | 3.1/5 |
| Mercury | $679 | 2.2/5 |
Compare Car Insurance For Seniors
There are dozens of auto insurance companies offering coverage and best car insurance rates for seniors. However, it is important to remember that not all auto insurance providers are created equal. Here are some things to keep in mind when comparing senior car insurance:
- Customer Service: Every auto insurance company is different when it comes to customer service. Some offer 24/7 phone support, others live chat, and still others only during limited business hours. Customer service ratings vary significantly between providers.
- Cover options: Almost every car insurance company offers minimum coverage and fully comprehensive insurance, but the additional coverage depends on the provider. If you are looking for a specific type of cover, such as B. Accident Forgiveness, Special Parts Coverage, or New Vehicle Replacement, focus your search on carriers that offer these endorsements.
- Discounts: As mentioned earlier, seniors often pay higher car insurance rates. Luckily, most providers offer discounts so you get a lower premium. When comparing providers, pay attention to the discounts offered and the possible savings. These also vary by company, although you’ll find many of the same discounts on different airlines.
Auto Insurance Discounts for Seniors
Many insurance companies offer discounts of up to 15% for taking a mature driver course. And in some states, your insurance company is required by law to give you a discount if you take an approved course.
Senior drivers can also benefit from usage-based insurance programs that calculate premiums based on driving habits. Retired seniors and those who drive less than average miles are particularly likely to benefit from these programs.
Finally, some seniors may be eligible for membership discounts because of their membership in certain professional associations, alumni groups, or recreational clubs.
Top 10 Ways Of Saving Discounts in Car Insurance for Seniors
There are many discounts available to senior drivers and you should keep track of any that apply to you. Below are eight specific actions you can take to reduce your premium costs:
- Drive Less If you stop commuting and drive less than you used to, tell your insurance company. Depending on your state (some require insurers to factor mileage into their rates), savings range from almost nothing to more than 10%. Most insurers define “low mileage” as 5,000 to 7,500 miles or less, but others are more generous.
- Consider Usage-Based Insurance. Some seniors can save up to 40% with usage-based or pay-as-you-drive insurance programs. A device installed in your car records your mileage and driving behavior – your speed, braking tendency and acceleration. If your habits mirror those of most middle-aged or older drivers, you could save in two ways – for safer driving and for less driving. Discounts vary by insurer and can be as much as 40%.
- Take A Class. As mentioned, advanced driver courses offered by AARP and others can reduce your premiums by 5% to 15%. Most states require insurers to provide the discount, but even where it is not required, it is widely available. Age eligibility varies by state.
- Drop A Driver. In states that don’t require all licensed drivers in a household to have auto insurance, you can exclude anyone (such as an elderly spouse or parent) who no longer drives to lower your rates. Alternatively, you can replace the main driver with a younger member of the household if that suits your actual circumstances.
- Upgrade Your Car. The latest vehicle safety features can earn you a reduced rate on your insurance. Even without a discount, features like reversing cameras, lane offset, collision warning systems and parking assistance can prevent accidents and damage, which can minimize future premium increases.
- Keep A Clean Record. If you have a clean record over the past three to five years, you should be able to get a good driver’s discount that ranges from 15% to 40%.
- To Join A Club. Membership in organizations like AARP gives you access to promotional pricing. It is called “Affinity Discount”.
- Recall Coverage. If you have homes and vehicles that you only use part of the time, look for cheaper “parked vehicle” or “snowbird” coverage during the months when you don’t drive them.
- Bundle It Up. If you haven’t checked out the cost of getting car and home insurance from the same insurance company, do so now. It’s a nice perk to only have one company to deal with home and car policies with, and you can get a discount of around 11%.
- Stop Driving If your insurance premiums are sky high because of how you drive, it might be time to stop. AARP lists a number of signs that you should give up driving, including frequent near misses, finding dents or scratches on your car or other property, getting lost in familiar places, having trouble seeing or following traffic signs and signals, slower reaction time for unexpected situations, misjudging traffic gaps, causing other drivers to honk or complain, difficulty concentrating while driving, trouble turning to look in the rearview mirror when reversing or changing lanes, and receiving multiple speeding tickets or warnings. AAA provides guidance on how to assess your driving skills.
See our tips for a safe driver for more information. Drivers of all ages can increase deductibles, bundle with home or renters insurance, or reduce coverage to save on premiums.
How To Find Cheap And Best Car Insurance Rates for Seniors?
Once you reach a certain age, usually 60, your car insurance rates may increase. Statistics show that older drivers are involved in more accidents than middle-aged drivers.
According to the CDC, around 7,700 drivers ages 60 and older were killed in traffic accidents in 2018 and over 250,000 were treated in emergency rooms for accidental injuries, meaning that more than 20 older adults are killed in accidents and 700 injured every day.
While your rates will most likely increase after age 60, there are some things you can do to keep your premium affordable. Here are a few tips to keep track of your best car insurance rates for seniors:
- Look at your insurance coverage: This is one of the best ways to reduce your insurance costs. Insurers assess risk differently, which can lead to dramatic differences in premium offerings. There are insurers that specialize in insuring older drivers. The Hartford is an excellent example. They’ve partnered with the AARP to offer auto insurance and discounts for drivers over 60. Get at least five quotes when shopping and make sure you compare apples to apples when it comes to coverage levels and deductibles.
- Change your driver status: Insurers use a variety of factors to set a rate, and one of them is how often you drive. When you’re retired and no longer commute daily, your rates should go down. Let your insurance company know you’re driving less miles and ask them to recalculate your rates if you see a drop.
- Defensive Driving Courses: Defensive driving courses aren’t just for teenagers, older drivers can benefit from a refresher course and many insurers offer a discount to older drivers who take a defensive driving course. Check with your insurance company for a list of courses that meet their needs and ask for a discount once you’ve passed the course.
- Look for senior discounts: Many insurers offer discounts for seniors. Look for long-term customer discounts as well as discounts for seniors who drive less each day. Ask your insurer to review your policy to ensure any senior discounts apply to your policy.
Older Drivers Should Follow These Safety Tips
The National Institutes of Health (NIH) advises that you can drive more safely by understanding the effects of aging on your driving behavior and by being aware that your ability to drive is almost certainly affected by changes in your body becomes. Here are the most important tips:
- Take care of your health. Get regular hearing, vision, and general health checks, and keep any prescription devices, such as glasses and hearing aids, updated. If you don’t see well after dark, avoid driving at night.
- Stay physically active. Physical activity can promote fast reaction times.
- List your vehicle. Raise your seat for an adequate view and switch to power steering, brakes and mirrors to control your car.
- Check medication. Understand how your medication can affect your ability to drive. Avoid driving after taking medication with warnings about using machines.
- Create a healthy buffer zone. Follow at a greater distance, avoiding busy neighborhoods and busy times of the day.
- Plan your route. Intersections are particularly dangerous for drivers over 60, and there’s no reason to take a risky left turn when you’re going to end up in the same spot after three right turns.
- Sharpen skills. Defensive driver courses and refresher courses behind the wheel can improve your skills and result in lower insurance premiums.
- Maintain your vehicle. Regular inspections and maintenance reduce the likelihood of roadside breakdowns.
Frequently Asked Question (FAQs)
What is senior car insurance?
Car insurance for seniors is essentially auto insurance that offers discounts for seniors but may offer other perks as well.
Generally, senior discounts are offered at age 60 and increase every five years. Seniors who drive well usually get the best rates and discounts of any driver.
Do seniors pay more for car insurance?
Yes, in most situations, a senior will pay more for auto insurance than a driver in their 30s or 40s. However, they often pay less than a teenager.
According to our data, the average comprehensive insurance rate for an 85-year-old driver is $2,165, which is a 20% increase over rates at age 75 and a whopping 44% increase over the cost of auto insurance for a 60-year-old Driver.
Does car insurance increase with age?
If you are a teenager the answer to this question is no, but if you are over 60 the answer is absolutely. Rates tend to be high in young drivers, fall in middle-aged individuals, and rise again after age 60.
This is because teenagers and seniors have higher accident rates than middle-aged drivers. As you get older, you can expect premiums to increase.
Is car insurance for seniors worth it?
Yes, and it is required in almost every state in the country. Legally you are not allowed to be on the road without basic liability.
Each state sets its own minimum liability limits, which can range from $15,000 to about $50,000. If you do not have the correct amount of insurance with you when you drive, you are not allowed to drive on the road.
While collision and comprehensive insurance are not required in any state, if you do not carry these covers and your vehicle is damaged or destroyed in an accident, you will be responsible for the cost of repairing or replacing your vehicle out of your own pocket.
Can I add an older driver to my insurance?
Anyone with car insurance can add a senior driver to their policy. There is no maximum age for car insurance.
So if your 90-year-old parent still drives and lives with you, there’s nothing stopping you from adding them to your car insurance.
However, remember that adding an older driver to your insurance policy will most likely result in an increase in your premium.
Final Thoughts
Based on our comparison of the top auto insurance companies, State Farm offers the best car insurance rates for seniors.
We chose State Farm because of its affordable rates for senior drivers, generous discounts for further savings, and no eligibility requirements. Additionally, State Farm has consistently high third-party ratings, with some of the highest ratings for claim satisfaction, customer satisfaction, and financial strength.