Compare Senior Auto Insurance [2024]

If you are a senior, you may be interested in learning more about senior auto insurance. Auto insurance for senior citizens is available through all auto insurance companies if you are 65 or older.

As a senior, you may not at first understand the reasoning behind those rising insurance prices. Doesn’t your long history on the road count for something? Shouldn’t your rates decrease over time instead of going up with each renewal?

Don’t worry. Your driving record is still being taken into account, so you’ve done yourself plenty of favors if you’ve kept your record spotless. The fact remains that age changes all of us, and we all fall financially prey to the law of averages when it comes to risk-based pricing. On average, seniors lose their edge with time, and that results in more incidents and more accidents.

You can’t turn back time, but you can control the other risk factors at play. You can take advantage of the discounts on the market as you gather quotes. You can find quality insurance at an affordable rate. Let’s talk about how to do just that.

What are the best auto insurance companies for senior citizens?

The best advice is to ask your friends and family members who they use for military veteran auto insurance. Their tone of voice will tell you plenty, and if they’ve experienced a claim, ask how it went and why. Whether good, bad, or other, their experience will be immensely helpful along the way.

The baby boom created a massive population in which mobility on the road is still a daily necessity. While it simply holds true that seniors find themselves in accidents much more often than their children, insurance companies understand the size of the market, and they’ve grown willing to duke it out to provide the best coverage possible at the most affordable rates available.

Below, you’ll find a list of companies that have openly courted the business of senior drivers.

Learn more about auto insurance coverage options for veterans.

Can older drivers get discounts on auto insurance?

Absolutely. Nothing necessarily changes with age as far as military auto insurance discounts are concerned. It’s only the risk level that’s changed. If it’s any consolation, while you’re considered a higher-risk driver than a middle-aged driver with a couple of decades of experience, you’re still a much lower risk than your grandchildren.

You’ll find that the rules of the game haven’t changed. If you’re looking to make the most of your insurance, you can’t do better than the tried and true avenues to savings. Let’s hit the highlights.

Loyalty discounts

If you’ve kept your record clean, make sure your insurer values a spotless tenure. Some companies offer accumulating discounts which turn into vanishing deductibles or at-fault accidents being forgiven, and those are just the cherries on top the hefty discounts.

Multi-policy discounts

As a senior, there’s a good chance that you own your home, have a life insurance policy, or both. If so, consider bundling policies. You can get a discount on each one you bundle, and these discounts represent some of the biggest discounts available.

Defensive driving discount

It’s never too late to go back to school, especially if that just means clicking the answers to easy questions for a few minutes. Nabbing a driving certificate — even an online one — can grant you a small percentage in savings that stretches over a few years.

Paid-in-full discount

While most folks nowadays opt to pay monthly, some still prefer to get the insurance bill out of the way at once. Certain insurers still appreciate doing business in such a manner, and they’ll let you save a few bucks.

Paperless discount

Gotten used to communicating via email? Certain insurers will compensate you for allowing them to stop sending you snail mail. Ask as you gather quotes.

Short mileage discount

If you’ve retired, chances are you drive less than you used to. Many insurers now require that you report your odometer usage before each renewal in order to receive a discount for driving below the national average. The problem is they tend not to ask for the update. Be vigilant.

Usage-based discounts

Do you believe you still drive as splendidly as ever? Willing to prove it? If you allow your insurer to track your driving habits, you have the ability to lower your own pricing model. It can be intimidating at first, but try it out, and as it gives you feedback, learn to adjust. It can save your wallet and your life.

Your business is as valuable as it ever was. Do you legally have to have auto insurance if you have a registered vehicle? Yes, but you have the power to shop around and make them earn your business.

How will I pay for senior auto insurance?

You’re more than your age, and thankfully, every insurer on the market understands that. Insurance pricing is all about risk, and your age is only one bird in the flock. Where you live, how much you drive, your driving record, your credit history, and other factors all culminate to form your individual rate.

Still, there’s no reason you can’t walk in with a general idea. Below, we’ll take a look at the average annual auto insurance rates for 60-year-old men and women with a variety of big names in insurance.

See? It varies. But remember — these are just averages. Rates change from person to person, state to state, and even street to street. The only way to know exactly what to expect is to gather specific quotes by providing your driver’s license number and your vehicle’s VIN.

When 65 finds you, you should expect a sudden bump in your rate. While you can’t avoid it, you can acknowledge that you’ve hit the perfect time to shop around. Your current insurer will view you as a greater risk than you used to be, while every other insurer out there would be more than happy to have your business.

The Bottom Line on Auto Insurance for Senior Drivers

The old adage states that you get what you pay for, and that cliché has survived the test of time for a reason. No matter who you currently have, cheaper quotes are out there. Remember — insurance is more than just a figure.

Do you feel comfortable with your current insurer? When you call, are they patient? Are they willing to explain your policy to you in a manner you’re comfortable with? If not, can you imagine filing a claim with those same people?

Claims are expensive, replacement parts are scarce, and rental vehicles are nearly impossible to reserve without a lengthy wait. As scary as it is to imagine, the likelihood that you’ll file such a claim continues to grow as you age. Now more than ever, it’s important that you choose the insurer you trust to juggle all these moving parts efficiently on your behalf.

It can feel daunting, but it’s important that you do your research. Find the company that makes you feel most confident setting out on the road. When you find that sweet spot where customer service, affordable pricing, and quality coverage intersect, then you’ll have found the best auto insurance for you. Enjoy it.