Cheapest Car Insurance for Senior Citizens
One exciting perk to becoming a senior citizen is the ability to
take advantage of many different types of discounts. As such, the
cheapest car insurance premiums are often given to senior citizens. As a
senior citizen, you have years of experience with driving, and
hopefully a long history of safe driving. Companies that cater
specifically to senior citizens give some of the cheapest car insurance policies.
However, most car insurance companies give some type of discount to its senior members.
Obviously, the first way you become eligible for a senior citizen discount is by turning a certain age. For most car insurance companies, this means turning 50. If you turn 50 before needing a new policy, you can give your company a call and see if they will reassess your rate. You also have the option of cancelling your policy and signing up for a major organization that works with senior citizens. There are many organizations that offer car insurance discounts to its members, and you might already be involved in one. You may also consider enrolling in a defensive driving class for older drivers. This shows the insurance company that you are serious about maintaining your safe driving, and can often qualify you for additional discounts.
Another type of discount senior citizens can take advantage of is based on the type of car driven, and how often you use it. If you've driven the same car for a long time, you might qualify for a reduction in your premium. If your car is more than 5 years old and you have already paid it off you can consider switching to liability coverage only. This coverage is much cheaper than comprehensive, and typically covers what is legally required. If you are retired, you might not drive very often. Low mileage drivers may qualify for special car insurance discounts, as the less time spent on the road, the less likely you are to be involved in an accident.
Finally, senior citizens can still take advantage of many of the discounts available to anyone. Updating your car with security features and safety devices is one way to qualify for more discounts. Some of these features are factory installed, but others you can get installed on your own. Automatic seat belts, alarms, tracking devices, and anti-lock brake systems can all help you get a lower premium. Not only will you save money, but also you will be protecting yourself and your vehicle!
However, most car insurance companies give some type of discount to its senior members.
Obviously, the first way you become eligible for a senior citizen discount is by turning a certain age. For most car insurance companies, this means turning 50. If you turn 50 before needing a new policy, you can give your company a call and see if they will reassess your rate. You also have the option of cancelling your policy and signing up for a major organization that works with senior citizens. There are many organizations that offer car insurance discounts to its members, and you might already be involved in one. You may also consider enrolling in a defensive driving class for older drivers. This shows the insurance company that you are serious about maintaining your safe driving, and can often qualify you for additional discounts.
Another type of discount senior citizens can take advantage of is based on the type of car driven, and how often you use it. If you've driven the same car for a long time, you might qualify for a reduction in your premium. If your car is more than 5 years old and you have already paid it off you can consider switching to liability coverage only. This coverage is much cheaper than comprehensive, and typically covers what is legally required. If you are retired, you might not drive very often. Low mileage drivers may qualify for special car insurance discounts, as the less time spent on the road, the less likely you are to be involved in an accident.
Finally, senior citizens can still take advantage of many of the discounts available to anyone. Updating your car with security features and safety devices is one way to qualify for more discounts. Some of these features are factory installed, but others you can get installed on your own. Automatic seat belts, alarms, tracking devices, and anti-lock brake systems can all help you get a lower premium. Not only will you save money, but also you will be protecting yourself and your vehicle!
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