Do Senior Citizens Get Taken Advantage of by Car
The old folks these days have more active
lifestyle compared to old people a few decades ago. Some still have the ability to run, pick up groceries and
yes, even driving. Not just for a few blocks but miles and can be traveling to different places each year.
This is why the need for car insurance is important for senior citizens. Unlike the regular adult, our
grandmas and grandpas have different car insurance needs that are specific to their own age group. Of course,
like most of car owners, senior citizens have the desire to get affordable car insurance too.
One factor that affects the insurance charges to senior citizens
is their age. While teenagers have high premiums due to their age, to senior citizens, age is an advantage
for them. Depending on the company, some offer discounts to those people whose age is at 50 to 55 years old.
If the senior doesn’t have any younger driver attached to their policy, there is a possibility that they will
be paying lower premiums.
There are also discounts for those who are retirees. This is also
one way in which seniors can save money from their car insurance. Low mileage insurance policy is also a good
policy that some companies offer. This means that their coverage is based on the maximum of miles traveled
each year. This helps protect the retiree who don’t make any long drives to any place that they go to. So if
you want to save money, both of these discounts can be a good thing to have for
While there are positive aspects that affect the car insurance
premiums of old people, there are also those that create a negative effect. One is that, car insurance rates
for old people are increasing these days. Senior citizens who are over 70 years old have higher rates because
they are prone to accidents. Even to those old people who have excellent driving records may expect an
increase in their car insurance rates once they hit the age of 70. It is a fact that as people grow old, the
signs of aging are obvious. Poor eyesight, slowed reflexes as well as poor hearing may be the reason why
insurance rates for older people are much higher compared to middle aged
If you are a senior citizen, know that the type of car you drive
can also affect the rates of your premiums. When you pick a car to drive, select one that is considered safe
by insurance companies. By doing so, you may just be free from high charges that some insurance companies do.
So if you are to buy insurance for your car, the best thing that you can do is to shop for quotes. Find a car
insurance company that caters to senior citizen’s needs. Compare rates and know what are the services they
can offer to senior citizens, by doing this, you may be able to find an affordable car insurance that will
suit your needs as a senior citizen.