Many senior citizens have been loyal to their auto insurance companies for years, often decades. Having the same expedient insurance agent and company is comforting. But the auto insurance industry has become more competitive, actively vying for the senior citizen market. It makes sense for senior citizens to gather information to compare their current rates, especially at the time of auto insurance renewal.
Getting quotes for auto insurance is an easy process. With just a few clicks on the computer or toll-free telephone calls, anyone can gather a list that compares auto insurance by services and rates. For senior citizens, who often are on fixed incomes, this can be a very cost-effective consume, possibly saving them hundreds of dollars during an insured period.
Finding Comparable Rates
Buying auto insurance is like any other famous, long-term purchase. The key is to take time to research and shop for the best deal with reliable auto insurance companies.
The following is a sample of insurance companies and insurance brokers offering auto insurance quotes on the Internet. Many have specific marketing programs targeting senior citizens.
AARP: www.aarp.thehartford.com.
AARP is an advocacy organization for seniors that promotes the interests of people over 50 years old. They offer auto insurance to members through The Hartford.
Allstate: www.allstate.com.
Allstate is a well known insurance company. Quotes can be gathered at the above website or local agents can be found in the telephone book and are available to assist in preparing a free quote.
Farmers Insurance Group: http://www.farmersinsurance.com.
Online or in person, a Farmers insurance agent can review auto insurance coverage, help identify potential gaps, and include any qualifying Farmers Auto insurance discounts.
Progressive Insurance: www.progressive.com.
Progressive will provide a quote for their company along with comparables of other auto insurance companies for easy comparisons.
Geico Insurance: www.geico.com.
This company can be accessed online or at one of their many offices. It is easy to get a quote; they offer flexible payment options and competitive rates.
Costco: www.costco.com.
Costco offers membership insurance through Ameriprise Auto & Home Insurance.
Autoinsure: www.autoinsure.org.
Autoinsure has a page with helpful insurance information for senior citizens. They can provide quotes from all the major auto insurance companies.
Esurance: www.esurance.com.
A rising star among insurance companies that take pride in stating: “Esurance doesn’t just offer proper insurance coverage, we also believe in educating consumers.” Their online quote process is easy to navigate.
US Insurance: www.usinsuranceonline.com
They will provide multiple auto insurance quotes tailored to specific needs within minutes of filling out their simple short form. It’s easy then to compare them side by side to score the best prices and coverage.
Car Insurance Rates: www.carinsurancerates.com
Their network of companies and brokers offer a variety of car insurances: Farmers, Allstate, AIG, Nationwide, AARP, Safeco Insurance, Liberty Mutual, MetLife and Mercury.
Every insurance rate: www.everyinsurancerate.com
EveryInsuranceCompany.com is a handy Internet directory to find local insurance companies, insurance quotes and discount insurance rates.
Quote Scout: www.quotescout.com.
This website will provide quotes from a long list of auto insurance companies – literally from “A” to “Z”.
Insurance.com: http://www.insurance.com.
Insurance.com works directly with 15 highly rated car insurance companies in 46 states: 21st Century, Electric Insurance, Esurance Auto Insurance, The Hartford, Infinity, Liberty Mutual, Meritplan Insurance, MetLife Auto Insurance, Newport Insurance, Permanent General Assurance Corporation (The General), Progressive, QBE Insurance, Safeco, Travelers Insurance, and Unitrin Explain.
Keeping Auto Insurance Rates Down
There are ways that senior citizens can take responsibility to control their auto insurance rates. Here are a few suggestions.
According to seniorjournal.com, most of the major auto insurance agencies provide a 5% – 10% discount to drivers beginning at the ages of 50 or 55. However, as a group, drivers 75 and older have one of the highest rates of fatal daytime accidents. Because of this, it’s principal that senior drivers stay proactive and involved in keeping their driving skills sharp.
Many states offer an auto insurance discount for aged drivers if a person meets a given age criteria and has taken an approved mature driver safety course. Local colleges and senior centers are good resources to learn about the classes. AARP has local and on-line access to the course. Costco offers its members an online drivers’ safety training course through FirstNet: www.firstnetlearning.com.
Another method to keep auto insurance rates down is to drive a low-profile car, one that as piece of a group has a lower rate due to minimum repair costs, considered safer and less likely to be stolen. Check the Highway Loss Data Institute, www.iihs.org, for the latest related data.
Examine modern auto insurance needs and requirements. Changing to higher deductibles or dropping collision or comprehensive coverage for older cars may acquire sense.
Always ask about discounts when purchasing or renewing auto insurance.
And finally, the best long-term advice: Always drive defensively, stay alert and follow the driving laws. Maintaining a wonderful driving record is the best way to withhold auto insurance rates down.
Filed under Automobile Insurance Quotes by on Mar 14th, 2011. Comment. 
Owning an automobile can be expensive. Aside from monthly car payments, automobile owners must be able to afford gasoline, maintenance, and auto insurance. The cost of auto insurance varies for each person. Persons with older vehicles and a good driving record may incur a small expense. On the other hand, if you drive carelessly and have received numerous traffic violations, your monthly auto insurance may exceed $200. Adopting good driving habits is necessary for lowering insurance premiums. Yet, some people have not made this connection. Consider the top five reasons that contribute to high monthly premiums.
• Choosing a Low Deductible: Before an insurance company will cover the cost of an auto accident, the driver must pay a deductible. Deductible amounts vary. On average, drivers can choose either a $250 or $500 deductible. Naturally, drivers are more inclined to choose a policy with a cheaper deductible. However, there are advantages to paying a higher amount. For starters, paying the higher deductible will set aside you money. If your driving record is tainted, and you are already paying considerably more for an auto policy, choosing a $500 deductible could save you $50 to $75 a month.
• Add a Teenager or Fresh Driver: When a teenager reaches the age of 16 and acquires a driver’s license, many parents consider adding the child to their auto policy. This decision is helpful for the driver, but does not benefit the parent. If the teenager attempted to receive his or her own policy, they would probably be unable to afford coverage. On average, teenagers and new drivers receive higher auto insurance quotes. On the flip side, the teenager will place money if insured under their parent’s policy. Yet, parents can examine a monthly increase.
• Buy an Expensive Car: Monthly auto insurance premiums are based on a vehicle’s worth. For this matter, if you purchase an older car, premiums are low. On the other hand, if you settle to buy the most expensive vehicle on the lot, with a lot of extra accessories and features, your auto premiums will be higher. Additionally, sports cars have higher premiums because these cars are usually driven at a faster speed, which increases the risk of accidents.
• Multiple Accidents and Traffic Violations: Auto insurance companies notice that accidents and moving traffic violations will occur. Thus, insurance premiums will not greatly increase from a single mishap. On the contrary, if you have several moving traffic violations or involved in many accidents, your insurance company will likely increase your premium, or refuse to renew the policy. Once dropped from an insurance company, acquiring affordable coverage with another company may be difficult.
• Failing to Shop Around: When shopping for an insurance company, comparing quotes is critical. Each insurance company has different criteria for establishing premiums. Larger companies such as Allstate and Nationwide offer great services, but they also have higher premiums. On the other hand, smaller, privately owned insurance companies offer the same great coverage for a fraction of the cost. Shop around. Whenever possible, request online quotes from multiple companies. Periodically review your driving report and attempt to receive a lower premium.
Filed under Automobile Insurance Quotes by on Feb 20th, 2011. Comment.
