Senior Savvy: How Older Drivers Can Save on Auto Insurance Qa


QUESTION: Can you give any advice to help seniors lower their auto insurance premiums? I just got a 15% increase on my auto insurance and am looking for ways to save money.

ANSWER: Unfortunately, auto insurance rates have risen dramatically over the past year as the pandemic has abated and more Americans have returned to the roads. But there are lots of ways to lower your premium. To find out what discounts are available to you, contact your auto insurer and find out about these options and any others that may be of use to you.

Discount low mileage: Most insurers offer discounts to customers who drive limited kilometers each year, which is generally beneficial for retirees who drive less because they don’t commute to work every day. These discounts usually come into effect when your annual mileage drops below 7,000 or 7,500, which is significantly lower than the typical 12,000 miles most Americans drive per year.

Driver education discount: Many states require insurance companies to offer defensive driving discounts – from 5% to 15% – to drivers who take a refresher course to hone their safety skills. These courses, offered by AAA ( and AARP (, cost from $ 20 to $ 30 and can be taken online.

Supervised driving discount: Many insurers offer discounts depending on how and when you use your car. To achieve this, the insurer would provide a small monitoring device that you would place in your car to track things like your acceleration, braking habits, driving speed, phone usage, and when you are driving. Drivers are rewarded 10-50% for safe driving and for not driving late at night.


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