Auto insurance can be a major expense for seniors, especially those on fixed incomes. Fortunately, many insurance providers offer discounts specifically designed for older drivers who maintain safe ...
At a time when their income is fixed but medical costs may be rising, older Americans are typically looking to cut expenses where they can. Unfortunately, car insurance prices tend to go up once we ...
Navigating the golden years often involves its own set of challenges and perks. When it comes to car insurance, seniors have unique needs that can't be overlooked. The right insurance policy provides ...
Can you offer any tips to help seniors save on their auto insurance? I recently turned 70 and got hit with a 25% premium increase on my car insurance and am looking for ways to save. — Older Driver As ...
After comparing 19 auto insurers in Illinois, Forbes Advisor identified Travelers as the top option for most drivers. The ...
The cheapest car insurance offers low rates but don’t skimp on coverage options.
Car insurance rates can be higher for seniors because insurance companies view age-related changes in vision, cognition and motor skills as risk factors for more claims. But you can find reasonably ...
What you’ll need to provide and how it works.
Sooner or later, senior drivers will have to deal with a major increase in their car insurance costs. Even if they have perfect driving records with zero accidents and traffic tickets, their insurance ...
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Fixed-Income Seniors Struggle As Car Insurance Costs Rise $600 Annually
Car insurance premiums jump 32% between ages 60 and 80, costing senior drivers an extra $611 annually, on average.
As auto insurance rates across the country continue to rise for all drivers, seniors can face an even bigger price hike, once they reach their 70s and their driving skills begin to decline.
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