Generally, rates may be lower for those who are 50-69 years old. Studies show that older drivers who are over 50 years old are relatively safe behind the wheel. They typically drive fewer miles and modify their habits in poor driving conditions, which can qualify them for car insurance discounts for seniors
. However, as a driver’s age increases, so does their risk of being involved in an accident. Therefore, car insurance rates for seniors
may increase again after age 70.
Common Questions About Car Insurance Costs as You Get Older
Does Your Insurance Go Down at 25?
Though younger drivers typically pay higher insurance costs compared to older drivers, rates may start to decrease as you get older. Insurers generally charge more for drivers who are under 25 years old, according to the Insurance Information Institute (III).3
Does Gender Impact Car Insurance Costs?
According to the III, women may pay lower car insurance costs than men because they tend to have fewer and less serious accidents. For example, the average auto insurance cost for a 60-year-old man is $1,552, while women of the same age pay $1,537.4
Does Marital Status Impact Car Insurance Costs?
Since married drivers are generally considered to be safe drivers and financially stable, they may pay lower car insurance premiums.
Get a Quote for Car Insurance for Seniors
For over 35 years, The Hartford has delivered great savings and customer service to AARP members through the AARP Auto Insurance Program from The Hartford. You can count on our car insurance to be there when you need it most. Llame al 888-546-9099
and get your custom quote today.
Last Updated: October 5, 2022
2,4 Bankrate, “Auto insurance rates by age in 2022”
3 Insurance Information Institute (III), “What determines the price of an auto insurance policy?”