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

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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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