How to save money on auto insurance if you’re 70 or older

Senior citizen driving a car
Image by Michael Kauer from Pixabay

If you’re 70 years old or older, this is the car insurance article for you!

Yes, that may sound like one of those commercials that come on during The Price Is Right, but the truth is insurance companies consider seniors who are 70+ high-risk. Basically, it’s because elderly drivers have more accidents. So, if you’re looking for a lower car insurance rate, consider these tips:

Apply for a low mileage discount

If you’re retired you’re probably going to drive less than the average driver. That means you could apply for low mileage discounts that would cut your costs.

Graduate from a defensive driving course

Freshen up on the rules of the road. Practice your driving skills. These value gained by the discount will surely outweigh the modest cost of the classes.

Anti-theft devices

Install them. Your car will be protected and you’ll be eligible for discounts. Ask us which ones.

Stay away from the new, shiny cars

Older cars, like four to five years old, are less expensive to insure than the newest models to roll of the assembly line. Plus, with the safety devices that may be installed in these cars, you have the chance to score some more discounts.

Pay your policy in full

It may be hard to get that much cash at once, but paying the car insurance policy in one lump sum has advantages. There’s a five to 10 percent discount that you can get because your payment eliminates the need for fees to cover administration and also monthly interest charges.

Have questions about your insurance and if you’re eligible for more discounts? Then contact us. We’re here to help!

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