After gradually declining as one ages, auto insurance rates begin to creep back up after the age of 65. That simply means that it takes a little more effort to find the best car insurance rates, but seniors have advantages that aren’t available to the young. Below are five tips to help senior citizens save on auto insurance through a Local Insurance Company in Elyria OH.
Take Driving Classes
A Local Insurance Company in Elyria OH may offer senior discounts. However, in other places, older drivers must take a refresher course to earn a discount. Some classes are in person while others are done online through organizations like AARP and AAA. Ask the state insurance board which classes are eligible for the discount. These classes are relatively inexpensive, and they cover a significant amount of information.
Choose an Auto That’s Inexpensive to Cover
Auto insurance rates vary depending on the driver’s vehicle choice. Seniors should get quotes for the models they consider when they’re car shopping. Generally, cars that don’t cost much to repair are cheaper to insure, and choosing a car with a high crash-test rating can help as well. Many insurers offer discounts for vehicles equipped with safety features such as multiple airbags and anti-lock brakes.
Protect the Vehicle
Besides helping the driver avoid losses, antitheft systems can help them earn auto insurance discounts. Such technology includes disabling devices, alarms, and tracking systems like LoJack. Check with the insurance company to see if a product qualifies for a discount before buying the device.
Save by Driving Less
If one has recently retired, that may decrease the monthly premium because they’ll be driving less. Usage-based programs may be beneficial, as they base premiums on how much one drives. Some insurers even offer a program that bases charges on driving habits, as measured through a device inserted into the vehicle’s diagnostic port.
Shop Around
Like other purchases one makes, it pays to shop around for auto insurance. Seniors should compare prices at least once per year to ensure that they’re getting the best possible rates. Premiums vary widely by company and by the customer’s driving habits, and comparing prices through or their Facebook page can help customers get the best deal.
