While seniors often enjoy low car insurance rates, costs can start to go up with age. If you’re a driver over age 60, you can find the best car insurance for your age and budget by comparing quotes from multiple top companies before you pick a policy.
Best car insurance companies for seniors
We found that MAPFRE has the best rates for senior drivers at $77 a month for full-coverage car insurance. That’s 38% more affordable than average for seniors.
USAA and State Farm also have cheap auto insurance rates for seniors. MAPFRE is available in just 19 states, but USAA and State Farm offer coverage almost everywhere.
Average monthly rate for seniors | Average yearly rate | |
|---|---|---|
$77 | $929 | |
USAA* | $81 | $974 |
$87 | $1,050 | |
$90 | $1,080 | |
$92 | $1,104 | |
$92 | $1,108 | |
$94 | $1,123 | |
$103 | $1,236 | |
$107 | $1,280 | |
$109 | $1,310 |
*USAA is only available to members of the military, veterans, and their families
Methodology: Why you can trust our picks for the cheapest car insurance for seniors
We found the companies with the best car insurance rates for senior drivers data from 130 companies, which was provided by Quadrant Information Services.
Our data is from every ZIP code in the country for drivers ages 60, 65, and 70 years old. The average rates in this study are for full-coverage car insurance for a 2017 Toyota Camry with the following limits:
Bodily injury liability: $50,000 per person, $100,000 per accident
Property damage liability: $50,000
Uninsured/underinsured motorist: $50,000 per person, $100,000 per accident
Comprehensive: $500 deductible
Collision: $500 deductible
We estimated insurance costs for seniors with poor driving records by analyzing average rate increases for younger drivers, which we applied to our sample senior driver’s rates across every ZIP code.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.
Best car insurance companies for seniors
The cheapest car insurance company for senior drivers isn’t necessarily the best option. Seniors can find the best (and cheapest) car insurance by comparing rates from multiple companies. Policygenius can help you compare quotes securely — and for free.
Best overall car insurance for seniors: State Farm
State Farm
4.8
Bundle home & auto
Coverage for rideshare drivers
Good student discount
Mobile app
Usage-based discount
Offers classic car insurance
Offers motorcycle insurance
Why we chose it
State Farm offers car insurance in almost every state, unlike many of the other companies that have cheap car insurance rates for senior drivers.
Pros and cons
Pros
Available in almost every state
Low rates for teens and drivers with accidents
High customer satisfaction ratings
Cons
Limited coverage options
More details
State Farm is the best car insurance company for seniors because of how accessible it is. State Farm offers car insurance everywhere except Massachusetts and Rhode Island.
State Farm doesn’t offer gap insurance, but you can still get roadside assistance and rental reimbursement coverage, as well as a top home and auto bundling discount.
Cost of car insurance from State Farm for seniors
On average, car insurance from State Farm costs $87 a month or $1,050 a year for senior-aged drivers. That’s $451 cheaper than the annual average cost of car insurance for seniors.
Best car insurance for senior veterans: USAA
USAA
5.0
All 50 states
Bundle home & auto
Usage-based discount
Good student discount
Coverage for rideshare drivers
Mobile app
Offers classic car insurance
Offers motorcycle insurance
Why we chose it
USAA is one of the cheapest companies for senior car insurance, but you must be a current or former member of the military or a part of military families to get coverage.
Pros and cons
Pros
Low rates
Available nationwide
High customer service ratings
Cons
Only available to military members and their families
More details
Car insurance from USAA is unmatched for seniors who are also veterans or current members of the military. USAA’s customer service earns top scores from J.D. Power, and it also boasts constantly low rates across all age groups.
While USAA only offers a few additional coverage options, like roadside assistance and rental car reimbursement coverage, the company’s outstanding claims service alone makes it worth considering for seniors.
Cost of car insurance from USAA for seniors
On average, USAA car insurance is $81 a month or $974 a year for senior drivers. That’s $527 cheaper than the annual average cost of car insurance for seniors.
Best car insurance for AARP members: The Hartford
The Hartford
3.8
Mobile app
New homebuyer discount
Offers new car replacement
Usage-based discount
Smart home discounts
Why we chose it
The Hartford partners exclusively with AARP to provide car insurance to members, including a few free perks.
Pros and cons
Pros
AARP members get new car replacement coverage for free
Available accident forgiveness and diminishing deductible
Exclusive discounts just for being an AARP member
Cons
Doesn't offer gap insurance
More details
The Hartford’s AARP Auto Insurance Program is a top pick for senior car insurance because of the perks that come with every policy, including new car replacement and roadside assistance, with up to $2,500 for after-accident expenses.
AARP members can also choose to add extra coverage, including accident forgiveness, rental reimbursement, and a disappearing deductible option.
Cost of car insurance from The Hartford for seniors
On average, car insurance from The Hartford through AARP costs seniors $165 a month or $1,983 a year. That’s $482 more expensive than the annual average cost of car insurance for seniors.
Best auto and home bundle for seniors: Auto-Owners
Auto-Owners
4.7
Bundle home & auto
Offers gap coverage
Good student discount
Mobile app
Offers classic car insurance
Offers motorcycle insurance
Why we chose it
Auto-Owners has cheap car insurance for seniors and is a top pick for bundling home and auto insurance
Pros and cons
Pros
Lower-than-average rates
Offers gap coverage
Owned by its policyholders
Cons
Not offered in every state
More details
Senior homeowners will find some of the best bundled home and auto insurance with Auto-Owners. Auto-Owners offers a 12% discount to bundlers, along with a total of nearly 20 other home and auto insurance discounts.
Auto-Owners also offers a range of extra coverages, including accident forgiveness, gap coverage, rental reimbursement, and roadside assistance.
Cost of car insurance from Auto-Owners for seniors
On average, car insurance from Auto-Owners costs $92 a month or $1,108 a year for senior drivers. That’s $393 cheaper than the annual average cost of car insurance for seniors.
Best car insurance for low-mileage seniors: Nationwide
Nationwide
4.2
Accident forgiveness
Bundle home & auto
Mobile app
Offers gap coverage
Usage-based discount
Coverage for rideshare drivers
Good student discount
Offers motorcycle insurance
Why we chose it
Nationwide’s SmartMiles can help seniors who don’t drive very much to save money on their car insurance.
Pros and cons
Pros
Low rates
Few customer complaints
Annual coverage review
Cons
Not available in Alaska, Hawaii, Louisiana or Massachusetts
Lower-than-average claims satisfaction ratings
More details
Nationwide offers a special usage-based discount program called SmartMiles, where you share data with the company about how much you drive and then pay by the mile.
With SmartMiles, you’re charged for every mile you drive — though there’s a road-trip exception where any miles after the first 250 are free, just in case you go over. That makes it a good option for seniors who are retired and no longer commute daily. SmartMiles also comes with a 10% discount for safe drivers.
Cost of car insurance from Nationwide for seniors
The average cost of SmartMiles through Nationwide depends on how much you drive and where you live, but the less you drive, the lower your rates will be.
Cheapest full-coverage car insurance for seniors in every state
Seniors can find cheap full-coverage car insurance where they live by comparing quotes from multiple companies in their area, and by re-shopping for car insurance when it’s time to renew their policy.
Here’s the cheapest car insurance company for seniors in every state:
Cheapest car insurance for seniors | Monthly rate | |
|---|---|---|
USAA | $79 | |
GEICO | $64 | |
Auto-Owners | $86 | |
State Farm | $74 | |
Wawanesa | $74 | |
American National | $61 | |
GEICO | $68 | |
State Farm | $92 | |
GEICO | $87 | |
State Farm | $125 | |
USAA | $90 | |
GEICO | $65 | |
American National | $36 | |
Pekin Insurance | $55 | |
USAA | $55 | |
State Farm | $52 | |
USAA | $68 | |
GEICO | $95 | |
USAA | $122 | |
USAA | $49 | |
USAA | $63 | |
GEICO | $67 | |
USAA | $94 | |
State Farm | $71 | |
National General | $67 | |
USAA | $56 | |
USAA | $65 | |
Nationwide | $76 | |
State Farm | $92 | |
USAA | $54 | |
GEICO | $76 | |
USAA | $69 | |
Kemper | $70 | |
Erie | $62 | |
USAA | $55 | |
USAA | $54 | |
USAA | $74 | |
State Farm | $66 | |
State Farm | $73 | |
State Farm | $77 | |
American National | $53 | |
Farmers Mutual | $79 | |
USAA | $63 | |
Farm Bureau | $71 | |
USAA | $79 | |
State Farm | $64 | |
State Farm | $49 | |
PEMCO | $76 | |
USAA | $52 | |
USAA | $68 | |
American National | $59 |
Cheapest car insurance for seniors with a bad driving record
Car insurance is more expensive than average for seniors who have been in a recent at-fault accident, have gotten a DUI or speeding ticket, or otherwise don’t have spotless driving records.
Your rates will go up when it’s time to renew your policy, not right after a violation, so don’t switch companies immediately after an accident. Your car insurance company may also decide not to renew your policy after a serious violation.
Cheapest senior car insurance after an accident
NJM has the absolute cheapest car insurance company for seniors after an at-fault accident, but it’s only available in five states.
Average monthly rate | Average yearly rate | |
|---|---|---|
NJM | $110 | $1,319 |
State Farm | $114 | $1,362 |
MAPFRE | $149 | $1,784 |
Travelers | $156 | $1,868 |
USAA | $157 | $1,881 |
American Family | $158 | $1,892 |
Farm Bureau | $158 | $1,894 |
Erie | $163 | $1,955 |
COUNTRY Financial | $165 | $1,982 |
Progressive | $170 | $2,045 |
Cheapest senior car insurance after a DUI
NJM has the absolute cheapest car insurance for seniors after a DUI, followed by State Farm.
Average monthly rate | Average yearly rate | |
|---|---|---|
NJM | $91 | $1,089 |
State Farm | $105 | $1,257 |
MAPFRE | $107 | $1,280 |
USAA | $115 | $1,378 |
Erie | $119 | $1,425 |
Auto-Owners | $134 | $1,612 |
Travelers | $140 | $1,676 |
COUNTRY Financial | $145 | $1,746 |
Farm Bureau | $153 | $1,835 |
American Family | $158 | $1,900 |
Cheapest senior car insurance after a speeding ticket
State Farm has the cheapest car insurance for seniors with a speeding ticket on their records.
Average monthly rate | Average yearly rate | |
|---|---|---|
State Farm | $97 | $1,169 |
USAA | $99 | $1,189 |
Erie | $104 | $1,251 |
MAPFRE | $107 | $1,280 |
NJM | $110 | $1,319 |
Auto-Owners | $139 | $1,672 |
Nationwide | $141 | $1,688 |
Farm Bureau | $142 | $1,702 |
Travelers | $150 | $1,803 |
American Family | $150 | $1,805 |
Best car insurance rates for seniors by age
Expect your car insurance rates to change over time, which means your current car insurance company may not always be your cheapest option. As you get older, it may be worth switching your car insurance to a company that offers more affordable rates.
Cheapest car insurance for 60-year-olds
MAPFRE is the cheapest company for 60-year-old drivers at $71 per month. All of the five cheapest companies for 60-year-old drivers offer coverage for less than $100 per month on average.
Average monthly rate | Average yearly rate | |
|---|---|---|
MAPFRE | $71 | $855 |
USAA | $78 | $937 |
State Farm | $87 | $1,038 |
Auto-Owners | $88 | $1,062 |
Erie | $87 | $1,047 |
Cheapest car insurance for 65-year-olds
MAPFRE is the cheapest car insurance company for 65-year-old drivers. Both MAPFRE and USAA are less than $1,000 per year.
Average monthly rate | Average yearly rate | |
|---|---|---|
MAPFRE | $80 | $966 |
USAA | $80 | $960 |
State Farm | $86 | $1,035 |
Auto-Owners | $91 | $1,092 |
Erie | $91 | $1,094 |
Cheapest car insurance for 70-year-olds
MAPFRE is the cheapest car insurance company for 70-year-old drivers. It’s the only company we found with average rates that are less than $1,000 a year for 70 year olds.
Average monthly rate | Average yearly rate | |
|---|---|---|
MAPFRE | $80 | $966 |
USAA | $86 | $1,026 |
State Farm | $90 | $1,076 |
Auto-Owners | $98 | $1,170 |
Erie | $98 | $1,172 |
Average cost of car insurance for seniors
We found that the overall average cost of car insurance for seniors is $125 per month (or $1,501 per year). Although auto insurance for drivers 60 and older is much cheaper than it is for, say, 21-year-olds, costs do start to go up slightly after 60.
That’s because, as they age, older drivers gradually become more likely to get into accidents and file claims for damage.
How to save on senior car insurance
Drivers age 60 and older can save on car insurance by taking these steps:
Compare quotes: Comparing quotes before buying car insurance is the easiest way to make sure you find the best deal.
Drop full coverage on older cars: You can drop full coverage on an older car that’s not worth much any more once you own it outright.
Get lower rates for being a safe driver: Consider usage-based car insurance if you’re comfortable sharing driving data with your insurance company.
Look for senior discounts: Some companies, like Farmers, offer discounts to drivers over a certain age (sometimes as low as 50) with a clean record.
Match your insurance to your lifestyle: Save on your car insurance by switching to a per-mile policy if you no longer drive much.
Re-shop coverage: Before renewing your policy, shop around to see if there’s a better deal for drivers your age.
Sign up for a driving safety course: Get a discount for completing accredited defensive or safe driving courses.
Frequently asked questions
When does car insurance get more expensive?
Insurance is most expensive for drivers when they first start driving. Rates fall toward the national average as you age, but older seniors tend to see higher rates than people in their 50s and 60s.
Do seniors need a certain type of car insurance to drive?
No, seniors need the same insurance as any other driver. Seniors need enough liability insurance to meet their state’s requirement, and comprehensive and collision coverage if they lease or financed their car.
Is car insurance cheaper after you retire?
Car insurance can be more affordable after you retire due to experience compared to younger drivers. You may also pay less for car insurance after you retire since you won't have to drive to work anymore.
