As drivers age, car insurance companies start to look at them differently. Once you've reached age 65, many auto insurance providers will raise your auto insurance rates.
Insurance companies say mature drivers' physical abilities have declined and that they are statistically shown to be in more accidents than middle-aged drivers. Because of frailty and persistent heath issues, older drivers are more likely to sustain severe injuries when in auto accidents.
There are, however, ways in which to counter an auto insurance rate increase. Older drivers can obtain discounts and follow these other ways to save money on their car insurance policies.
The best way to save money on your car insurance as a senior driver is to shop around. Your current insurance company may charge more for mature drivers than other insurers in your area. Comparison shopping with several insurance companies will allow you to see which gives you the best discounts and overall rates.
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