Older Drivers And Cheap Auto Insurance

Looking for cheap auto insurance for older drivers? This article will give you all the essential information regarding car insurance for senior drivers. You should not pay more than you have to. Know how insurance premiums for older citizens are calculated and how you can save money.

In reality, who are senior drivers?

When it comes to seniors, insurance companies have a different criteria than the majority of people. 65 years old is usually the age at which our society considers a person as a senior citizen. Still, as far as insurers are concerned, senior drivers are people aged 55 and over. Yet again, senior drivers are divided in 2 further groups - those aged under 75 years and those aged over 75 years.

We have an ageing populations and insurers are well aware of it. Getting older means you become wiser and inevitably your driving habits change.

Older drivers and auto insurance rates

Age, driving history and the type of car you drive are some of the fundamental factors used to calculate auto insurance rates for older drivers. Generally speaking, older people are regarded as patient and careful drivers. Not many tickets for speeding or reckless driving are issued to grandmothers. Fast and expensive sports cars are also not a common sight in the garages of older citizens.

When it comes to driving, maturity definitely has it good sides. Insurance data also suggest that older drivers use their cars less. If any cons are worth mentioning, deteriorating sight and slower reflexes are not uncommon.

Your auto insurance rates will be lower than the average if you are under 75 years old and have a good driving record. You may, however, seen an increase in your premiums if you are aged 75 or over.

Affordable car insurance for senior drivers

If you are still driving your old car, which of course has a sentimental value to you, you may find yourself in a tricky situation. Often yearly insurance premiums can be more than the actual value of an old car. Exchanging it for a more economical vehicle full with safety features will save you a lot of money on insurance.

Taking a defensive driving course is a great idea as well. Insurance companies reward drivers who have taken such courses with lower insurance rates.

The easiest way to find affordable auto insurance for older drivers is to compare quotes on-line. When shopping for insurance, its recommended to compare at least 3 quotes from different insurers. You may be surprised by the difference in rates. It is not uncommon for people to save as much as 40%!

For instant, no obligation, car insurance quotes, visit senior drivers insurance or Florida No Fault Insurance.