The best auto insurance for seniors is from Geico, USAA, and Esurance. These companies have the best car insurance for seniors because of their low premiums, strong customer service, and high ratings from WalletHub editors. Auto insurance companies typically charge more to insure senior citizens, so it’s important for older drivers to seek insurance providers that offer ample opportunities to save on auto insurance premiums.
Best Auto Insurance for Seniors
- Geico - $507
- USAA - $639
- Esurance - $747
- AAA - $617
- State Farm - $710
- The Hartford - $754
- Travelers - $696
- Progressive - $732
- Mercury - $679
- Allstate - $942
Best Auto Insurance for Seniors Compared
|Insurer||Average Premium||WalletHub Editor Rating||User Rating on WalletHub|
Auto Insurance Discounts for Seniors
Many insurance companies offer discounts for taking a mature driver course. And in some states, your insurance company is legally required to give you a discount if you complete an approved course.
Senior drivers can also benefit from usage-based insurance programs, which calculate premiums according to driving habits. Retired seniors and those who drive fewer miles than average are especially likely to benefit from these programs.
Tips for Finding the Best Senior Citizen Car Insurance
Compare quotes frequently.
Older drivers often start to see higher insurance premiums once they turn 60 years old, with additional increases at 70 or 80. This means that regardless of your safe driving record, you might have to compare quotes to find more affordable auto insurance rates each 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 to AARP members. Senior drivers should consider the perks of such programs in addition to other factors, like cost and customer service record.
Adjust your coverage limits according to your risk.
Statistics show that older drivers are more likely than middle-aged drivers to suffer serious injuries in car accidents. Senior citizens should thus consider increasing their coverage limits for insurance that covers medical bills, such as personal injury protection and uninsured motorist bodily injury coverage.
WalletHub editors ranked 17 car insurance companies to determine the best cheap auto insurance for seniors. The companies were evaluated based on:
- WalletHub editor rating
- User rating on WalletHub
Companies earned a maximum of 5 points for each category. WalletHub editors then ranked companies by total points to determine the best car insurance for seniors. Price was used as a tiebreaker where needed.
The premiums used for this analysis are an average of a series of quotes sourced from Quadrant Information Services, using California ZIP codes and a 65-year-old driver with a good driving record. The following coverage limits were applied:
- $15,000 bodily injury liability per person
- $30,000 bodily injury liability per accident
- $5,000 property damage liability per accident