If you’re over 50 and looking for car insurance, the best option can depend on a variety of factors. Here are some key considerations for finding the best coverage:
Shop around - Obtaining multiple quotes from different insurers is the best way to make sure you’re getting the best policy and the best rate.
Ask about discounts - There are a variety of discounts you may be eligible for as a senior, such as a multi-vehicle discount, good driver discount, and loyalty discounts.
Consider usage-based insurance - With usage-based insurance, companies create rates based on your actual driving, rather than estimates. This can be beneficial to drivers over 50 who have likely had their driving habits established for many years.
Check ratings - When considering different insurance carriers, be sure to check the company’s ratings with the Better Business Bureau (BBB) and industry ratings agencies like A.M. Best or J.D. Power.
Choose coverage wisely- When comparing policies, select a coverage that best suits you. If you’re a senior on a budget, opt for a higher deductible in exchange for lower monthly premiums.
Ultimately, there is no easy answer for which car insurance is best for people over 50. Doing your research and using the above tips can help you find a policy to suit your needs. For more information on car insurance for senior drivers, see this guide from The Zebra.