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Best Auto Insurance for Seniors in 2022 (from 42/month)

The best auto insurance for seniors is from Geico, USAA, and Esurance. These companies have the best auto insurance for seniors due to their low premiums, strong customer service, and high ratings from wallethub editors.

best auto insurance for seniors

  • geico – $507
  • united states – $639
  • surance – $747
  • yyyy – $617
  • state farm – $710
  • the hartford – $754
  • travelers – $696
  • progressive – $732
  • mercury – $679
  • all state – $942
  • Auto insurance companies often charge more to insure seniors, so it’s important for older drivers to seek out insurance providers that offer ample opportunities to save on auto insurance premiums.

    Reading: What is the best car and home insurance for seniors

    the best auto insurance companies for seniors

    The best auto insurance company for seniors is Geico because it has the cheapest premiums for senior drivers, according to analysis by WalletHub. geico also gets high marks from wallethub editors for its variety of hedging options, ease of use, and multitude of discounts.

    usaa is a great auto insurance option for seniors, as the company offers a wide range of discounts and coverage options. however, usaa is only available to retired veterans, active duty military, and their families.

    esurance is highly rated by wallethub users and has excellent reviews from j.d. power and the best business office. Esurance also offers competitive premiums, along with a host of discounts and coverage options. however, esurance is not available in all states and is best for seniors who are comfortable managing their auto policy entirely online.

    In addition to AAA’s well-known roadside assistance program, they also offer excellent auto insurance policies. Seniors can get competitive AAA rates as well as access a variety of discounts. While AAA’s customer service isn’t always the best, its claims process and transparency are constantly under review.

    state farm offers competitive rates for older drivers, as well as an impressive array of discounts and coverage options. The company also receives high marks for customer service. however, consumers complain that the state farm claims process can sometimes be frustrating.

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    The Hartford is best known for having an auto insurance program designed specifically for AARP members, offering discounts and coverage options tailored to drivers age 50 and older. while the hartford receives excellent marks from the naic and the bureau of better business, consumer complaints highlight its poor customer service and claims processes.

    travelers has pretty good premium prices for older drivers, plus a good variety of coverage options and a multitude of discounts. however, the traveler customer service department can improve.

    Wallethub editors rate progressive’s pricing, discounts, and coverage options highly, but progressive’s rates are higher than its competitors’ rates for older drivers. their customer service is also poor and they are not always as transparent as possible on their website.

    For a low-maintenance senior driver who just needs a basic insurance plan at an affordable price, mercury can be a great option. mercury offers great rates for senior customers, but coverage is only available in 11 states (including arizona, florida, and new york).

    mercury also offers a standard range of coverage options, but its list of discounts is less than average. Also, their claims process and customer service aren’t the best.

    While allstate is a highly rated insurance company overall, it’s not the best option for most older drivers looking for an affordable policy. Allstate’s rates are significantly higher than its competitors’ rates and they don’t offer as many discounts as most companies of its size. They are also not very forthcoming with the information on their website.

    comparison of the best auto insurance for seniors

    auto insurance discounts for seniors

    Many insurance companies offer discounts of up to 15% for taking an adult driving course. And in some states, your insurance company is legally required to give you a discount if you complete an approved course.

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    Older drivers can also benefit from usage-based insurance programs, which calculate premiums based on driving habits. Retired seniors and those who drive fewer miles than average are more likely to benefit from these programs.

    Finally, some seniors may qualify for membership discounts based on their membership in certain professional organizations, alumni groups, or recreational clubs.

    tips for finding the best auto insurance for seniors

    compare quotes frequently.

    Older drivers often start to see higher insurance premiums once they turn 60, with further increases in their 70s or 80s. This means that regardless of your safe driving record, you may need to compare quotes. to find more affordable auto insurance rates. every time you pass one of these milestones.

    Consider a policy designed specifically for seniors.

    for example, aarp auto insurance hartford offers special discounts and personalized benefits to aarp members. older drivers should consider the benefits of such programs in addition to other factors, such as cost and customer service history.

    adjust your coverage limits based on your risk.

    Statistics show that older drivers are more likely than middle-aged drivers to be seriously injured in car accidents. therefore, seniors should consider increasing their coverage limits for insurance that covers medical bills, such as personal injury protection and uninsured motorist bodily injury coverage.

    video: the best auto insurance for seniors

    methodology

    wallehub editors ranked 17 car insurance companies to determine the best cheap car insurance for seniors. the companies were evaluated based on:

    • premium
    • wallehub editor rating
    • wallethub user rating
    • companies obtained a maximum of 5 points for each category. Wallethub editors then ranked the companies by total points to determine the best car insurance for seniors. the price was used as a tiebreaker when necessary.

      Premiums used for this analysis are an average of a series of quotes obtained from Quadrant Information Services, using California zip codes and a 65-year-old driver with a good driving record. the following coverage limits applied:

      See also: The Health Insurance Marketplace

      • $15,000 bodily injury liability per person
      • $30,000 bodily injury liability per accident
      • $5,000 property damage liability per accident

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