Auto Insurance for Seniors
For most senior drivers finding the best auto insurance company means finding a company that has great customer service and claims service at the right price. Auto insurance rates depend on a number of different things. Here are a few of those things that auto insurance companies use to set their rates:
- Zip code
- Driving record
- Claims history
- Credit score
- Insurance history
Additional resources to learn how auto insurance companies set their rates:
In most cases once you hit your senior years your auto insurance becomes the cheapest its ever been, up to a certain point though. Some auto insurance companies become difficult to deal with over 75 years of age. They will require Doctor statements before they will insure you. Which this can be a big hassle. If the insurance company doesn’t receive this doctor statement, they can cancel the policy which can leave you with a lapse in coverage that could cause you to pay higher premiums. We do not recommend doing a lot of switching insurance carriers once you get past the age of 75.
Click one of the below links to get a cheap auto insurance quote for seniors:
What are the best auto insurance companies for seniors?
The best auto insurance company for seniors does vary per situation and per company, but there are a few companies that stand out and have some good rates for seniors. It is important to note that no one insurance company is best or every situation. Here are some top auto insurance companies we found for seniors:
AARP (The Hartford)
Additional resources for the cheapest auto insurance companies for seniors:
It is important for seniors to find a stable reliable auto insurance company that does not easily cancel their customers after an accident. It is much more difficult for seniors to find insurance after being cancelled by a company. So, if you are a senior and shopping for auto insurance be sure to research the company first and how they treat their customers. One of the best ways to do this is to research the company’s google reviews to see what customers are actually saying about the company.
For seniors who do not drive much we have found MetroMile can be a good option for them. This is because they only charge insurance per mile driven. This is an interesting new concept for people who do not put many miles on your car. Here is a link to their site https://www.metromile.com/
For Seniors who have served in the Military we recommend USAA as a good option for affordable car insurance. This is a company who works with military personnel to provide insurance services. Here is a link to their site to check them out https://www.usaa.com/
Cheapest auto insurance for seniors with a bad driving record
In most cases your driving record usually improves as you get older but senior drivers still have accidents too and need to be able to still find affordable car insurance. If you are a senior and have a bad driving record car insurance can be costly. Accidents and DUIs are the most charged violations that auto insurance companies charge for. These two things can hit you up to 6 points on your driving record which can be costly.
We have found that nonstandard auto insurance companies can be the best fit for you in this situation. These are smaller regional companies that specialize in hard to place business. They may not be big name brands but there are some quality companies that have very affordable prices for seniors with a bad driving record. Here are a few nonstandard auto insurance companies for seniors that have a bad driving record:
- Fred Loya
- Save Money Car Insurance
Additional resources for cheap auto insurance for seniors with a bad driving record:
Best auto insurance for seniors without a driver's license:
For seniors who do not have a driver's license or maybe a suspended one, auto insurance can be costly. Drivers without a license usually pay up to 30% more than someone who has a driver's license. In addition to this it is harder to find a company who will insure you without a license. The smaller nonstandard auto insurance companies usually have the best prices for seniors without a license. You can lose your license for many reasons and some states require you to carry an SR22 for two years if your license is suspended for certain reason. Here are some of the best auto insurance companies for seniors without a driver's license we found:
- Safe Auto
- Save Money Car Insurance
Additional resources to help seniors find cheap car insurance without a drivers license:
How to find cheap auto insurance quotes for seniors
Finding cheap auto insurance quotes for seniors can be time consuming. There are so many options to choose from its tough to pick the right place. Online quote comparison sites can be good options for seniors to find cheap auto insurance quotes in a timely manner. These sites work with numerous auto insurance companies and can spit out a huge number of quotes in minutes. Here are some options of online quote comparison site we found:
- The Zebra
Also calling an auto insurance broker who works with a large number of carriers to find the customer the best price. These brokers can be a nice asset to seniors looking for cheap car insurance because they do the shopping for you. Here are some larger auto insurance brokers we found for seniors looking for cheap car insurance:
- Cheapest Auto Insurance
- Rich and Cartmill
Additional resources for seniors to find cheap auto insurance quotes
It is important for seniors to ask for all the discounts possible when calling around for quotes. Not every insurance company will offer all the discounts up front so it's important that you ask your agent for every discount possible. Here are a few discounts that we recommend inquiring about to save some money:
- Paperless billing
- Paid in full discount
- Defensive driver discount
FAQs regarding auto insurance for seniors:
How much is auto insurance for seniors? There is no set amount anyone can give for all seniors. Rates vary based on so many factors it is best to get a true quote from an insurance company to determine the price.
What is the best car insurance for seniors?
USAA, Geico, AARP, and State Farm are among the best insurance companies for seniors.
Do seniors get a discount on auto insurance?
Depending on which company you are with will depend on this answer. Companies like AARP and State Farm will be inclined to give seniors discounts.
Click here to see for FAQs about cheap auto insurance
Is auto insurance more expensive for seniors?
In most cases no, auto insurance usually gets cheaper as you get older but once you get over 75 it can start to increase again.