Car insurance for elderly drivers can be expensive. Most people think that teenagers and young adults have the highest insurance premiums, but this is not necessarily true. Elderly drivers often see premiums much higher than those seen by younger people.
While it is common knowledge that younger drivers are high risk factors for an insurance company, older drivers also cause a large number of accidents. Whether it is due to failing eyesight, hearing, or reflexes elderly drivers actually are high risk drivers. If you are over the age of 65 and your car insurance premiums are on the rise there are things you can do to lower your premiums.
Talk to Your Company about Car Insurance for Elderly Drivers
If you have been with the same car insurance company for years, and your premiums are rising, the first thing you should do is pick up the phone. Call your company and ask why your premiums are higher. If you have not had any accidents or tickets you may be able to convince the company to lower your rates. In some cases the company raises all rates for drivers over a specific age. If you have an agent review your claim you may get a discount. Our website will allow you to compare several companies for cheap car insurance quotes.
Prove Your Ability to Drive Competently
The next step in lowering car insurance for elderly drivers is to prove your competence. Some insurance companies will allow you to submit proof that you can see, hear, and respond to outside stimuli appropriately. You could also have your doctor write you a letter stating your ability to drive properly. These items may persuade the insurance company to lower your rates.
Shopping Around for Better Rates
If you cannot persuade your company to lower your rates you will need to shop around for a new company. You can complete an online comparison of insurance companies to see if there are better rates available for drivers over 65. You might even look for companies that advertise lower rates for car insurance for elderly drivers. These companies cater to drivers in this age bracket. If you search by entering your zip code and the word insurance into a search engine you are sure to find companies that offer great deals in your area.
Of course you will have to submit the same documentation that every other driver does. The company will consider your driving record, credit report, and medical documentation to determine what rates are available.
Check With Your Retirement Association
If you are a member of a retirement association you might check through their company to see if insurance policies are offered for drivers over 65. You might also see if the insurance companies you have compared offer a discount for members of retirement groups. Retirement groups often strike special deals with companies so that they will offer special discounts for their members.
As you can see, when you need affordable car insurance for elderly drivers there are many options available. It may take a bit to find the best deal, but with a little determination you are sure to find affordable rates on your next car insurance policy. Start your search today Search on our website now and get cheaper car insurance quotes.