The Best Car Insurance for Seniors

No matter what your age is, buying beneficial auto insurance is always a wise move. The best policy is the one that meets all your needs and is affordable for you. How to choose a reliable provider when you’re a senior? Here are some answers.

Average Cost Of Car Insurance For Seniors

The older you get, the more you pay for your insurance, because providers consider that older people are at more risk of road accidents. We have compiled a table that shows how much people aged 65, 75, and 85 pay for auto insurance annually. Remember that prices change every year, so your premiums may get even higher in the future.

Best Company For Occasional Drivers: Nationwide

Some seniors drive less once they’re retired. Many people prefer to ride a bicycle to maintain their health. If you consider yourself an occasional driver, Nationwide may become just the right insurance provider for you. What are its advantages?

Nationwide is one of the few insurance companies that use a special mileage tracking program that is called SmartMiles. You simply install a special device in your car, and it tracks how many miles you have traveled in a particular month. Your premiums will depend on the mileage recorded by the device. However, the provider also offers a flat fee for those who do not want to bother with this kind of calculations.

Best Discounts: Allstate

Allstate is another company that offers mileage tracking. You can get a discount if you drive from 1,000 to 10,000 miles a year. Along with this, there are several more benefits that you may like.

Allstate's most exciting offer is the Drivewise smartphone app. In a nutshell, it monitors how you drive your car. If you are a reliable driver, you can save up to 10% of the insurance cost.

Here are some more discounts and benefits that Allstste offers their clients:

• Discounts for those who have multiple Allstate policies;
• Discounts for responsible payers;
• Deductible reduced by $100 per year if you drive with no collisions;
• Discounts for those who installed anti-lock braking devices on their cars.

Allstate has a lot of other beneficial offers. Contact the company directly or check their official website to find out more.

Best Savings: Progressive

If price is the most important criteria when choosing coverage for you, Progressive is a good choice. The company's policies are the cheapest for seniors aged 50-75 in many states. However, the price depends on your location, driving skills, and so on.

Seniors often tend to drive more carefully as they have vast experience. Progressive lowers the cost for those who drive carefully. In addition to thi, you can get a discount if you have two or more policies from this provider.

Another interesting offer from Progressive is that you can decide how much you want to pay for coverage using the Name Your Own Price tool. You enter the amount that you are willing to spend, and the algorithm finds the best available options.

Best For Former Military: USAA

USAA works exclusively with the military and veterans. If you are one, this provider may be perfect for you. USAA stands out for its high-quality service and positive feedback from its customers. The company's prices are quite low compared to those of other providers.

These multi-policy and multi-car discounts, discounts for new cars, and for occasional drivers. You can choose when to pay by making an individual payment schedule.

USAA operates in all 50 states, so wherever you live, you can always get covered. Other company’s advantages include:

• 24/7 roadside assistance;
• rideshare coverage for Lyft and Uber drivers;
• towing coverage.

Best For All Seniors: GEICO

GEICO has its offices in all states. It is one of the most reliable auto insurers in the USA. Their range of plans and coverage is wide, so you will most likely find something that fits your needs. In addition to low prices, you can get a discount of up to 26%.

GEICO also guarantees you a policy renewal for the next year if you meet the following conditions:

• you haven’t been into accidents or violated traffic rules for the last three years;
• you do not allow people under 25 to drive your car;
• you do not use your car for business purposes.

GEICO’s additional benefits are:

• mechanical breakdown coverage;
• roadside assistance;
• Mexico car insurance; and others.

Despite all its advantages, GEICO has one major drawback which can be significant for some elderly people. The company provides its services on the Internet and by phone. You will hardly talk to their agents face-to-face. This causes troubles for some seniors, since not all of them are skilled Internet users.

These were our Top-5 best companies that offer great auto insurance benefits for seniors. We recommend you to do some research to find out more about their plans and the coverage.