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May 1, 2024 · Forbes Advisor’s picks for the best auto insurance for seniors are: Nationwide – Best Rates for Senior Drivers. USAA – Best for Military and Veterans. Erie – Best for Collision Repair....
- Penny Gusner
- Insurance Writer And Analyst
- Take a driving class. In most states, car insurance companies must offer discounts to seniors. In Massachusetts you get a discount just for turning 65.
- Choose a car that’s cheap to insure. Car insurance rates vary widely depending on the type of car you drive. The next time you go car shopping, get insurance quotes for the models you’re considering.
- Protect your car. Besides helping you avoid a loss, anti-theft devices can score you discounts with many insurers. Technology that could save you money include alarms, disabling devices (which don’t allow the car to start if someone tries to steal it), and vehicle tracking systems such as OnStar or LoJack.
- Get credit for driving less. Recently retired? Let your insurer know. Your premium should go down if you no longer commute to a job every day. You might also consider a pay-per-mile insurance program, which bases premiums in part on how much you drive.
May 8, 2024 · by Lindsay Bishop. Reviewed by licensed agent Brandy Law. Updated May 8, 2024. Geico has the cheapest car insurance for seniors, at $1,463 per year. Meanwhile, State Farm is the best company overall car insurance for most seniors. Compare Cheap Auto Insurance for Seniors. Currently insured? Find Insurers. No spam. No hassle. No hidden costs.
- Lindsay Bishop
- Who has the cheapest car insurance for seniors?Geico has the lowest auto insurance rates for seniors. A minimum-coverage policy from Geico costs an average of $763 per year, while full coverage...
- What is the best car insurance company for senior citizens?State Farm offers the best car insurance for senior citizens. It combines affordable coverage with high-quality customer service, and our editors a...
- Does State Farm offer a senior discount?State Farm does not offer a senior discount. However, it has many discounts available for senior drivers to take advantage of, including a defensiv...
- Does auto insurance go down when you retire?Auto insurance rates do not automatically go down when you retire. However, retirees who no longer commute can save money on their car insurance by...
- Does car insurance go up after age 80?Car insurance rates begin to increase starting at age 55. Rates increase by 13% between ages 65 and 75, and 85-year-old drivers pay 28% more than 7...
- Who has the best auto insurance for seniors?If you want top-tier customer service that's still affordable, we suggest State Farm. But if you prioritize the lowest rates, we recommend Geico.
- Who has the cheapest auto insurance for seniors?Geico has the cheapest car insurance for seniors of all ages, whether you just turned 65 or are in your 80s.
May 14, 2024 · Getting several car insurance quotes can help you find an affordable auto insurance policy that meets your coverage needs. Best senior car insurance companies of 2024. Nationwide:...
Jan 9, 2024 · We found that MAPFRE has the best rates for senior drivers at $77 a month for full-coverage car insurance. That’s 38% more affordable than average for seniors. USAA and State Farm also have cheap auto insurance rates for seniors. MAPFRE is available in just 19 states, but USAA and State Farm offer coverage almost everywhere.
3 days ago · Car insurance for seniors: rates, discounts, and more. Senior drivers pay, on average, $1,315 per year or $110 a month for auto insurance. The 60 to 69 age group pays the second-cheapest car insurance rates, behind only those in their 50s. Age Group. Average 6-Month Premium.
Feb 16, 2024 · Senior car insurance rates may be cheapest through Geico, Auto-Owners, State Farm, USAA or Erie. Auto-Owners and Geico show the smallest increase for seniors after a speeding ticket. For...
