While people in their 60s have cheaper car insurance rates than many other age groups on average, prices will start to increase as they age. To find cheap car insurance for seniors, drivers in their 60s should be sure to compare prices to find the best rate. Drivers in this age group should also take advantage of discounts available for seniors. Some of those benefits are financial, such as the discount on car insurance for people over 55, while others are more abstract.
But believe it or not, the more densely populated a specific area is, the more residents of that area will pay for their insurance. Obviously, an accident free record is an ideal situation when looking for the best auto insurance rates for seniors. Geographic location plays a role in determining the price of car insurance for all drivers, regardless of age. As long as older drivers can meet state requirements for safe driving, the use of these corrective devices should not prevent drivers from getting a discount.
Some car insurance companies are more than happy to offer discounts to drivers over 55, as long as certain conditions are met. By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than they did in their teens and 20s. In cases where a senior driver has comprehensive coverage to cover theft issues, it's more difficult to get discounts in metropolitan areas where auto theft rates are high. See NerdWallet's guide to car insurance requirements by state to learn more about how the parts of your auto policy work in Washington.
We changed the credit level from “good” to “bad” as reported to the insurer to see the rates for drivers with bad credit. If you're ever found guilty in a car accident, liability coverage pays for property damage and other people's injuries so that you don't have to cover these bills out of your own pocket.