Geico has the cheapest car insurance for seniors, costing just $39 per month, on average. Geico also offers discounts for seniors and has strong customer service, making it a good choice for seniors looking for the best car insurance overall.
Costs shown are an average of annual premiums from Florida for a 65-year-old good driver with minimum coverage; individual premiums will vary.
Many car insurance companies offer discounts specifically for seniors who take a mature driving course. Additionally, seniors can save with discounts for having a safe vehicle or by taking advantage of a usage-based insurance program if they don’t drive often but do practice safe driving habits.
Auto insurance is more expensive for seniors over the age of 65 than for middle-aged people, and coverage becomes even more expensive after age 80. Elderly drivers pay more for car insurance because they are more likely to be involved in accidents and suffering severe injuries.
Even if you maintain a good driving record, your premiums will increase with age. For example, the average annual cost of state-minimum car insurance coverage for a 65-year-old is $734, compared to $684 for a 55-year-old. … read full answer
Allstate offers a defensive driving discount in 34 states and the District of Columbia for seniors who complete an approved defensive driving course. Specific age requirements vary, and the discount is only available in states that legally mandate it.
Even if Allstate doesn’t offer a mature driver discount in your state, there are still other ways for you to … read full answerlower your premium. For example, Allstate offers a multi-policy discount, which gives a discount to drivers who have two or more policies with Allstate.
Yes, car insurance does go up at age 70 because older drivers are more accident-prone than middle-aged drivers and are more likely to require medical attention after an accident. Car insurance at age 70 is more expensive than the national average of $60 per month.
It’s important to remember that age is not the only factor used to calculate insurance risk. Insurers also account for things like your driving record, your ZIP code, and the make and model of your vehicle.
Because companies use different factors to determine your premiums, it’s important to compare multiple quotes from different insurers to make sure you’re getting the best deal. To learn more, check out WalletHub’s guide to comparing car insurance rates.
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