Best Car Insurance Companies for Senior Driver Discounts

Retirement should be a fun time with little worry about where the money is going to come for paying for every day expenses. Luckily, car insurance is one of those expenses that you might find discounts for due to being above a certain age. Check out more below!

As we get older, more and more expenses incur. Car insurance premiums have skyrocketed over the years. In these difficult times, it is especially rewarding to see that car insurance providers offer discounts for drivers who use driver tracking apps, take defensive driving courses, up-to-date safety features in their automobiles. However, did you know that many car insurance providers offer discounts to seniors? Retirement income can be tight, see if you can get a discount on your car insurance simply for being a mature aged driver. Check out out some of the best car insurance providers that are currently providing car insurance discounts to seniors.

Car Insurance Providers Who Provide A Senior Discount

  • The Hartford AARP Program: The AARP Auto Insurance Program from the Hartford offers car insurance discounts exclusively for seniors and has consistently been rated the best overall among other car insurance merchants.This advantage program offers a 12-month auto rate protection so you do not have to worry about your rate changing after 6 months. The RecoverCare is also included to protect more than just your car.

  • Amica Insurance: Amica is voted best overall runnerup. While they are a smaller company, they are perfect for mature drivers like seniors. With very few customer complaints, they are consistenly receiving the highest ratings from consumers. They offer discounts for drivers who take a defensive driving course through SafetyServe.

  • Allstate Insurance: Allstate offers a variety of discounts seniors can take advantage of. Some of these discounts include new car discount, fullpay discount, responsible payer discount, anti-lock brake discount, anti-theft discount, and safe driving club discounts. As you can see, Allstate rewards its drivers with discounts for driving safely and making sure their vehicles are safe to drive as well.

  • Geico Insurance: Geico Insurance offers a mature driver discount for drivers 50 and older. Geico offers a guaranteed renewal program for drivers 50 and over. This allows seniors to lock in a rate without worrying about the policy expiring once the driver hits a certain age limit. Other discounts are offered for seniors such as a multi-car discount, retired government or military discount, defensive driving discount and a five-year good driving discount. Geico also understands that mistakes can happen which is exactly why they offer an Accident Forgiveness program.

  • Metromile Insurance: It is estimated that senior drivers are doing considerably less driving, so why pay for insurance during the time you’re not driving? Metromile understands this and conveniently offers a low mileage discount. They are available 24 hours a day, 7 days a week.

  • Farmers Insurance: Farmers Insurance offers a variety of discounts including antilock brake discount, anti-theft discount, classroom discounts, planning ahead discounts and defensive driving discounts. Farmers offers a senior defensive driving discount for senior drivers age 55 and older that successfully complete a driver safety course that has been approved by the Department of Motor Vehicles.

Additional Discounts Available to Senior Drivers

While there are some car insurance discounts that are available for drivers under the age of 55, these discounts can still be beneficial for senior drivers as well. Check out some of the discounts listed below.

  • Multi-Policy: Most insurance providers offer discounts to customers that have more than one insurance policy with them. This could include auto, boat, motorcyle, RV and other products available. The average multi-policy is normally around 5%.

  • Multi-Car: Insurance plans will provide discounts to policies that have more than one auto covered on it. The average multi-car discount is around 12%.

  • Continuous Coverage: This discount can vary and is awarded to drivers that are consistently insured with no breaks in coverage.

  • Paperless: Some insurance providers offer a small discount for customers who opt for paperless billing.

  • Automatic Payment: While this discount can vary, insurance providers offer a discount to those customers who opt for automatic billpay from a checking account

Make sure to check with your current car insurance provider to see if you are eligible for any other discounts that can be applied to your monthly premium!