It’s easy to feel like you’re being stereotyped when you make an attempt to compare automobile insurance and are quoted a price that seems a bit outlandish—especially if you’ve got a clean driving record, don’t drive a high profile sports car, and don’t have any plans on challenging others on the road to impromptu drag races. But the fact is, there’s a lot more to landing cheap rates when doing an auto insurance comparison that doesn’t include your driving history or what you drive.
For example, did you know…
• Your age has a lot to do with the price you’ll be quoted when you compare automobile insurance. It’s true. Men under the age of 25 always pay higher rates because statistically, they’re far more likely to be involved in accidents and are a higher risk to the insurer.
• Where you live greatly impacts the cost of your premium. If you live in an urban area, you’re going to end up paying much more than someone of your same age and driving history who lives in the country. The more cars there are around you, the greater risk of you being hit—and therefore, you’ll be quoted a higher rate when you run an auto insurance comparison.
• If you’re married, you’ll pay less. Again, it’s all about statistics, and married men and women tend to be more “responsible” behind the wheel and are therefore involved in fewer accidents.
Although there is a lot you can do to lower your car insurance rates, in some cases the only thing you can do is wait for the passage of time. Either that, or move to a less densely populated area. But before doing so, make sure that the money you’ll save on car insurance will be worth the cost of your move. Otherwise, you could end up worse off—or no better than you were before.
Senior drivers can avail cheaper car insurance for various reasons than you can even think off. Individuals who airs the utmost risk of being tangled in an accident are of great advantage as most of the auto insurance providers usually offer discounts and low insurance premium rates. Here are few points to consider in lowering insurance premium for senior drivers.
Importance of Slow Driving and Low Mileage
Most of the seniors drive much less than the middle aged professionals who commute daily to work so they are suitable for auto insurance discounts. Seniors can even go for insurance companies’ offers involving up to 25% discount for those who allow the installation of special gadgets in the car to detect mileage and driving patterns. Moreover, owning years of experience seniors are known to drive more carefully. Seniors are qualified for auto insurance discounts even by the absence of any traffic violations on their driving record for more than 3 years.
Conflate Insurance with Other Policies
A lot of seniors are likely to have a house insurance or health insurance for sure. Combining these policies with their auto insurance policy with that of their children or wife, will allow seniors to get ample discounts. When you combine several policies you increase the business for the insurance provider and hence become a preferred customer.
Driving Courses for 55+
Seniors can easily attempt and get certification from 55+ driving courses offered by driving schools. Taking these courses is very easy. Moreover, it allows seniors not only to brush up on the fundamentals of driving safe but also claim for discounts from the auto insurance providers. There are certification courses that also teach seniors extensively about various traffic signals thus helping them to avoid accidents and neutralize the slowness in reflexes that sets in due to dotage..
Credit History to Lower Premium
Credit history is one of the best reasons why seniors can expect lower auto insurance premiums. Given that most seniors are very careful about paying their bills on time and have a long credit history, their credit score would be most likely, impressive. A better credit score always gives the impression that the individual will not only pay the premiums on time, but will also be more mature, and controlled and less reckless on the roads. This will also mean a lower risk of accidents and claims.