Insurance For Seniors Over 60 - Andrew Hurst Andrew Hurst Senior Editor & Licensed Auto Insurance Expert Andrew Hurst is a Senior Editor and Licensed Auto Insurance Expert at. His work has also been featured in The New York Times, The Wall Street Journal, Forbes, USA Today, NPR, Mic, Insurance Business Magazine, ValuePenguin and Property Casualty 360. &Rachael Brennan Rachael Brennan Editor-in-Chief & Licensed Auto Insurance Expert Rachael Brennan is Senior Editor and authorized car insurance expert at . Her work has also been featured in MoneyGeek, Clearsurance, Adweek, Boston Globe, The Ladders and AutoInsurance.com.
Anna Swartz Anna Swartz Senior Managing Editor & Auto Insurance Expert Anna Swartz is a senior managing editor and auto insurance expert at , where she oversees our auto insurance coverage. Previously, she was a senior staff writer at Mic.com, as well as a contributing writer at The Dodo.
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We've found that the best auto insurance for most seniors is State Farm, which has some of the cheapest rates in the country. Hartford is our pick for the best insurance for seniors who are also AARP members. Seniors who are members of AARP can receive special discounts and some benefits (at no extra cost) from Hartford.
The easiest way for seniors to find the best (and cheapest) car insurance for them is by comparing prices from several companies. can help you compare offers safely – and for free.
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Found the cost of car insurance for seniors using rate data from 130 companies. We also used J.D. Impact scores from the 2021 Auto Claims Satisfaction Study and complaint data from the National Association of Insurance Commissioners (NAIC).
Our data experts analyzed rates provided by Quadrant Information Services from every zip code in the country for drivers aged 60, 65 and 70. The average prices in this study are for comprehensive car insurance for a 2017 Toyota Camry with the following limits:
Some carriers may be represented by affiliates or subsidiaries. The prices shown are an example of costs. Your actual quotes may vary.
Rating How we score: ' ratings are determined by our editors. Our methodology takes into account several factors, including prices, economic evaluations, the quality of customer service and other product-specific characteristics.
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State Farm has the best auto insurance for seniors of any major insurance company. Its national footprint makes it easy for you to get in touch with any questions. State Farm also receives fewer complaints than average.
State Farm is our pick for the best car insurance for seniors overall. On average, comprehensive coverage auto insurance from State Farm senior drivers costs $90 per month. That's $491 less per year than the average for senior drivers.
In addition to cheap auto insurance rates for seniors, State Farm has reliable customer service and has received far fewer owner complaints over the years than some of its competitors. [1]
It's also easy to stay in touch with State Farm's network of nearly 20,000 agents if you have questions about your policy or need help with a claim.
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While State Farm doesn't offer as many coverage add-ons (gap insurance for leased or financed vehicles isn't available), it does have some helpful ways to customize a policy. Optional coverage includes emergency roadside assistance and coverage for a replacement rental car if yours is in the shop.
AARP auto insurance through The Hartford gives members free access to a handful of exclusive discounts and coverage benefits, including new car replacement and extra expense reimbursement after an accident.
The Hartford partners with AARP to offer senior auto insurance exclusively to members. With Hartford, seniors can get a number of additional coverage benefits for free, such as:
Drivers can also add more coverage and features for a price, such as accident forgiveness, roadside assistance, no excess and rental car reimbursement after an accident.
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Hartford doesn't have the cheapest insurance rates for seniors, but it's only $9 more expensive than the average per year. In addition, you may qualify for additional discounts - such as savings for paying for car insurance at the same time or bundling policies together.
Seniors who want the cheapest auto insurance should consider MAPFRE (if they live in the states where MAPFRE is available). The MAPFRE discounts also mean that older drivers can save even more on insurance.
We found that MAPFRE has the best car insurance rates for seniors of any company. Drivers over 60 can be covered for an average of $77 per month (or $929 per year) - $642 cheaper per year than average.
Senior drivers who are on a budget and looking for the cheapest rates can also lower their car insurance rates even further if they qualify for some of the available MAPFRE discounts. With MAPFRE, senior drivers could save by:
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Drivers can also add accident forgiveness, no excess, emergency roadside assistance and rental car reimbursement to their insurance.
Although MAPFRE is the most affordable auto insurance company for seniors, it is not available everywhere. MAPFRE offers car insurance in 19 states:
Seniors who were in the armed forces are eligible for USAA coverage even if they are retired. When it comes to major auto insurance companies, USAA has the cheapest rates for seniors. It also has high claimed satisfaction ratings from its drivers.
USAA has the best insurance for seniors who are military veterans. The average cost of car insurance with USAA for veterans and their families is $81 per year. month ($969 per year). This is $602 cheaper than the overall average - and almost as cheap as MAPFRE.
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There are plenty of ways to save money with USAA's discounts, such as up to 10% off homeowners and auto insurance. USAA also offers safe drivers and low mileage discounts.
In addition to cheap fares for seniors, USAA also boasts highly rated customer service. USAA earned the highest score in J.D.'s 2021 Claims Satisfaction Study. Power, who beat 18 other competitors.
We found GEICO's prices to be thousands of dollars less than the Sunshine State average. Plus, drivers can save even more with GEICO's discounts for retired federal workers, veterans and more.
Florida is a notoriously expensive state for car insurance. But if you're one of the 4.5 million seniors living in Florida, your best option for cheap auto insurance is GEICO. [2] Senior drivers in Florida can get auto insurance from GEICO for $164 per month, which is $2,197 cheaper per year than the state average.
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Table shows average prices for comprehensive auto insurance for senior drivers ages 60, 65, and 70 in Florida.
In addition to having the best rates for seniors living in Florida, GEICO also has a number of discounts that can help seniors save even more, such as lower rates for drivers who worked for the federal government or the military before retirement.
Starting at just $77 a month on average, MAPFRE has the best car insurance for seniors. But MAPFRE coverage is only available in 19 states.
Seniors who want affordable rates from a larger company — or who don't live anywhere MAPFRE offers coverage — can also get low-cost car insurance from State Farm. It is the cheapest company available to most seniors.
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According to the Department of Veterans Affairs, 37% of veterans are 65 or older. [3] If you are a veteran of the armed forces, USAA is the company where you are most likely to find cheap senior car insurance.
We found that the difference between the cheapest and most expensive auto insurance for seniors is more than $200 a month, which is a big gap, especially for older drivers living on a fixed income.
That's why it's so important to compare offers before you get cover - and repurchase every time your policy comes up for renewal - to find your best prices.
While car insurance for drivers aged 60 and over is much cheaper than for e.g. 21-year-olds, costs start to rise slightly after age 60. This is because older drivers, as they age, become progressively more prone to accidents. and submit compensation claims. [4]
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We found that 60-year-old drivers pay slightly less for car insurance than drivers who are only five years younger. But a 65-year-old's car insurance will cost 3% more than a 60-year-old's. And an elderly person who is 70 years old pays 5% more than a 65-year-old - 8% more for insurance than a 60-year-old.
MAPFRE has the cheapest car insurance for senior drivers, regardless of whether they are 60, 65 or 70 years old. Although we found that the price of the cheapest companies changes as a driver gets older, the same five providers are still the most affordable companies.
MAPFRE is the cheapest company for 60-year-old drivers. Older drivers can get
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