Eight Ways Seniors Can Save On Car Insurance | Old North State Wealth News
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Eight Ways Seniors Can Save on Car Insurance



Finding ways to save on car insurance can be crucial, considering how high car insurance rates currently are in many states. According to Bankrate, auto insurance rates are 26% more expensive this year than they were in 2023, averaging $2,299 annually. And when drivers turn 75, auto insurance begins to cost even more, which is why many car insurance companies offer a variety of discounts for seniors. 

Car insurance can be more expensive for older individuals — even those with a stellar driving record — for several reasons. According to Progressive, car insurance companies usually offer lower rates for drivers between 45 to 55 years old, but once a driver turns 75, they should expect to pay more. 

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Age Rate
18 $5,242
25 $2,010
35 $1,730
45 $1,647
55 $1,528
65 $1,555
75 $1,817

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