Best Car Insurance for Seniors

Find the best rates on car insurance for senior citizens.

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Seniors car insurance: rates, discounts, and more

 

Saving money is important at any age. But if you're no longer working or are saving for retirement, the need to be fiscally responsible is even more paramount. So, in order to determine the best car insurance company for seniors, we created a user profile (outlined here) and examined some top companies across the US. So, let's get to it. Which insurance company is the cheapest for senior drivers?

 

Spoiler alert! GEICO offers the most affordable car insurance for senior drivers.

 

Check out details on GEICO and other major insurance companies below:

Car Insurance CompanyAverage Senior Premium
GEICO$493
Progressive$618
State Farm$1,048
Allstate$1,047
The Hartford$1,301

 


 

GEICO: cheapest car insurance for seniors

Famous for the phrase, “15 minutes can save you 15% or more on car insurance,” GEICO had the cheapest car insurance rates for seniors on average across all ZIP codes. GEICO’s rates, like most of the companies examined, follow the general trend of auto insurance in the US. Ohio, where insurance is typically the cheapest, is hundreds of dollars less than the other locations. Moreover, New York is considerably expensive, as the 13th most expensive state for auto insurance in the US.

 

LocationGEICO Car Insurance Rates for Seniors
Average$493
Saint Albans, NY$855
Ogden, UT$393
Culpeper, VA$390
Klamath Falls, OR$409
Middleburg, FL$601
Glendale, AZ$827
Hamden, CT$567
Ankeny, IA$289
Durham, NC$323
Toledo, OH$275

 

GEICO senior discounts

If you are aged 50 or older, you could qualify for a unique contract type from GEICO. This special contract option guarantees renewal from year to year and is known as their Prime Time contract. You could be eligible if you meet the following criteria:

  • 50 years or older
  • Have no drivers in your household under the age of 25
  • Be accident-free for the past 3 years
  • Have no vehicles used for business purposes

Note that this contract type is only valid in the following states: Alabama, Alaska, Arizona, Arkansas, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Minnesota, Mississippi, Missouri, Nebraska, New Mexico, North Dakota, Ohio, Oregon, South Carolina, Tennessee, Utah, Virginia, Washington, West Virginia, and Wisconsin.

Along with an accident forgiveness program, seniors can take part in the following discounts:

  • Defensive driving
  • Five-year good driving record
  • Retired government and military discount
  • Multi-car discount
  • Membership in eligible organizations

 

 


 

Progressive: 2nd cheapest for senior drivers

Like GEICO’s gecko, Progressive’s Flo is what most people remember about the company. Looking at Progressive's rates, it’s not hard to see why the company is so popular. While not as cheap as GEICO, Progressive is the second cheapest option of the five companies surveyed for seniors, with an average rate of $618. One of Progressive's selling points is its SnapShot program. Using a plug-in telematics device, SnapShot offers usage-based insurance, altering your rates based on your driving behaviors and mileage.

 

LocationProgressive car insurance rates for seniors
Average$618
Saint Albans, NY$1,295
Odgen, UT$605
Culpeper, VA$345
Klamath Falls, OR$543
Middleburg, FL$645
Glendale, AR$589
Hamden, CT$907
Ankeny, IA$342
Durham, NC$349
Toledo, OH$555

 

Progressive car insurance senior discounts

While the company doesn’t offer direct discounts for seniors, there are plenty of discounts available in which senior citizens can partake. Some of these discounts include:

  • Multi-policy
  • Multi-car
  • Continuous coverage
  • Good driver
  • Homeowner
  • Pay in full
  • Autopay

 

 


 

Allstate: 3rd cheapest for seniors

Founded in 1931, Allstate's user satisfaction and claims ratings are good. But that level of service comes at a cost. Allstate is the third cheapest insurance company for seniors. While Allstate does offer some unique discounts for home-and-auto insurance bundling, we didn't include this in our study of senior auto insurance rates. However, if you have an Allstate homeowners policy and would like to bundle your auto, consider Early Signing and Allstate eSmart programs as ways to save. These selections could lower your car insurance quote by $85!

 

LocationAllstate car insurance premiums for seniors
Average$1,048
Saint Albans, NY$1,007
Odgen, UT$940
Culpeper, VA$824
Klamath Falls, OR$958
Middleburg, FL$1,191
Glendale, AR$1,924
Hamden, CT$1,567
Ankeny, IA$531
Durham, NC$842
Toledo, OH$683

 

Allstate senior discounts

Similar to Progressive, Allstate’s discounts aren’t directly tailored to senior citizens, yet seniors can still benefit from them. These are some of the available discounts that seniors can benefit from:

  • FullPay discount
  • Cars equipped with anti-lock brakes and anti-theft devices
  • Autopay
  • Safe driving
  • Multi-policy
  • Paperless billing
  • New car

 

 


 

State Farm: 4th cheapest for senior drivers

State Farm is the most popular insurance company in the US, and, depending on your location, it might be one of the most affordable options. State Farm’s most expensive states, Florida and New York, follow national insurance pricing trends. These states, because of myriad details — insurance laws, driver population, and weather trends — tend to have higher premiums. So, if you're a senior driver in these states, you might want to start with cheaper options like GEICO or Progressive before considering senior auto insurance with State Farm.

 

LocationState Farm senior auto insurance rates
Average$1,048
Saint Albans, NY$2,117
Ogden, UT$1,114
Culpeper, VA$969
Klamath Falls, OR$822
Middleburg, FL$1,416
Glendale, AZ$1,179
Hamden, CT$1,075
Ankeny, IA$523
Durham, NC$418
Toledo, OH$842

 

State Farm senior discounts

Aside from a discount on personal injury protection in the state of Kentucky, State Farm does not list any specific discounts for senior citizens. Discounts that seniors can take advantage of include:

  • Good driving
  • Accident-free discount
  • Defensive driving course discount
  • Vehicle safety
  • Multi-car
  • Multi-policy
  • Discount for anti-theft device-equipped vehicle

 

 


 

The Hartford: 5th most affordable for seniors

The Hartford is a unique insurance company, as it's specifically designed for those older than 55. The Hartford's service and claims satisfaction are very well-regarded, but that comes at a price. Of the five companies surveyed, The Hartford was the most expensive for senior drivers. The Hartford’s average senior premium in our 10 sample areas was more than twice as much as those of GEICO and Progressive. Still, it's worth considering The Hartford for its senior-specific coverage options.

 

LocationSenior car insurance rates with The Hartford
Average$1,301
Saint Albans, NY$6,875
Ogden, UT$718
Culpeper, VAN/A
Klamath Falls, OR$888
Middleburg, FL$1,440
Glendale, AZ$1,1284
Hamden, CT$1,218
Ankeny, IAN/A
Durham, NCN/A
Toledo, OH$582

 

The Hartford senior driver discounts

The Hartford offers auto discounts to all its customers, including the following methods of saving:

  • Bundling policies
  • Taking a defensive driving course
  • Paying in full
  • Driving a hybrid or electric vehicle
  • Driving a vehicle with airbags and anti-theft devices

 


 

 

Cheap car insurance for seniors: what to consider

With all variables constant, GEICO offered the cheapest auto insurance for seniors. However, that doesn't necessarily mean GEICO will be the cheapest company for you. If you want some other ideas on how to lower your car insurance rates, see our quick tips below on how to save.

  • Shop around: Follow our lead and sample as many auto insurance companies as possible. Start today with The Zebra. Enter your zip code below to see rates in your area!
  • Bundle your policies: bundle all home, renters, life, or umbrella policies with the same company to save hundreds on your auto insurance
  • Double-check for discounts: classic discounts are things like; paid in full, payment by bank account, anti-theft devices, safe/good driver, or green vehicle.
  • Double-check your coverage: Your older vehicle might not need as much coverage as it used to! If the value of your vehicle is less than the premium it takes to protect, consider dropping full coverage.

 

Additional resources

If you're looking for more information on car insurance, see our related articles:

 

 

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Rate-gathering methodology


  • Name: John Smith
  • Marital Status: Married
  • DOB: 08/01/1962
  • Vehicle: Owned 2015 Toyota Camry. Average mileage: 12,000/year, used for pleasure.
  • Licensed: Since 16-years-old
  • Education level: Bachelors
  • Driving history: No accidents/citations
  • Wife: Jane Smith — not insured on this policy, DOB 08/01/1962

Next, we set our fictitious user's location, collecting an average of 10 randomly selected US ZIP codes:


  • Saint Albans, NY - 11412
  • Ogden, UT - 84404
  • Culpeper, VA - 22701
  • Klamath Falls, OR - 97603
  • Middleburg, FL - 32068
  • Glendale, AZ - 85302
  • Hamden, CT - 06514
  • Toledo, OH - 43617