5 Best Car Insurance Policies for Seniors of 2019

Older people have more discount privileges because of their age. They have senior citizen discounts for fares, medicines, and many more. They are also always in priority. However, not everything is in favor of senior people. For example, car insurance premiums for senior people will rise when they reach the age of 60 to 70 years old.

Even standard coverage will start to get more expensive during this age. Which is why it is important that you pick the right insurance policy that perfectly fit your needs. Philkotse.com gathered some of the best car insurance policies for seniors you can use as a reference.

1. The Hartford AARP Program

Topping the list is the Hartford AARP Program which is specially made for the needs of older drivers.

One of the biggest perks of this program is that if you avail of this policy, it’s guaranteed that you would not be dropped as long as you don’t fail in paying your insurance premiums and you maintain your driver’s license valid. The insured can also get a discount of 3% if they take a defensive driving course.

Hartford AARP Program is specially made for the needs of older drivers

This insurance company has their hotline claims open 24/7. Their customer service also has consistently high ratings. If an insured happened to be involved in an accident and they need assistance with the household chores like cooking or walking the pets, the RecoverCare will help. It will cover the cost of such services if it is not covered by Medicare.

When you're insured in the AARP plan, you have the option to buy a plan that has a decreasing deductible. That means, every year that you are free from any accident, the deductible on your plan will be reduced.

Together with the discounts of special AARP, the Hartford program also provide a golf cart, boat, and classic car insurance discounts for senior customers.

>>> Read more: 10 must-know things to consider before buying car insurance in the Philippines.

2. Amica Insurance

This insurance company may be small but it is mighty. It is one of the perfect insurance company for older drivers. Amica insurance has the highest customer satisfaction in this industry. They also receive far lesser complaints compared to other insurance companies.

Amica insurance company may be small but it is mighty

If the insured took a defensive driving course through SafetyServe program, they are eligible for Amica premium discounts. The insured will also receive automatic discounts if they pay their premiums in full or if they own their own house.

The standard policies of the Amica insurance also come with some perks as well like zero deductibles on car key replacement, whether you lose the car keys or it is stolen.

3. Allstate Insurance

Aside from being a stellar insurance provider, this company also offers a senior discount to their policyholders who're already above the age of 55 and/or retired. If you have a clean driving record, you can save more by getting a discount if you use the company’s Drivewise app.

This app helps in tracking your driving habits. You can also avail another discount for every 6 months that you maintain a clean and safe driving record. Simply put, insured seniors get lots of discounts by being themselves and by driving safely.

In addition, if your car has an anti-theft system, anti-lock brakes or a new vehicle, you'll also get lots of savings for having these things as well.

Allstate insurance company offers a senior discount to their policyholders who're already above the age of 55 and/or retired

However, because older drivers have slower reflexes, and different age-related changes, they are more prone to accidents. Additionally, when elderlies are injured because of a car accident, it takes longer times to recover. Injured elderlies also are more expensive to treat.

This is the main factors why older people are likely to have rising insurance premiums.

4. GEICO

This insurer provides a quite unique insurance contract for older people aged 50 years and older. Older people are guaranteed policy renewal. GEICO's Prime Time contract can be added to renewal policies or new policies.

To qualify for a Prime-Time contract, here are the things you need to have or do:

• 50 years old or older
• The policy you’re in should not have anyone under 25 years old
• You mustn’t be involved in an accident within the last three years
• You must not have any violations within the past three years, and lastly
• Your car should not and cannot be utilized for business purposes.

Additionally. If an insured is already in the Prime-Time contract, people with age 50 or more can still qualify for different multiple driving discounts. Some of the discounts offered are for the following:

• Owning multiple auto insurance policies
• Have completed a defensive driving course
• Being a retired military or government employee and
• Have 5 years of good and clean driving record

GEICO's Prime Time contract can be added to renewal policies or new policies

This insurance also allows their insured to save money if the policyholder buys a new car and GEICO offers accident forgiveness after the initial at-fault accident of the insured. This means the policyholder doesn’t need to worry about the increasing rates. However, the accident forgiveness isn’t available for some states.

>>> Also check: What kind of car insurance in the Philippines fit you the most?

5. Metromile Insurance

Metromile insurance plans are cheaper compared to other insurance companies’ standard policy. This is because the plans from Metromile were broken into a per-mile rate and base fee per month which only kicks in every time you drive your car.

This plan is perfect for those drivers that seldom drive. The insured don’t need to worry because they will not be calculating their mileage.

The Metromile policy already comes with a device that is plugged in in their vehicle. It is the same device that also helps in finding their parked vehicle and in calculating the mileage of their gas. It also comes with an app which gives alerts to the insured if it’s no parking time” to avoid receiving unwanted tickets.

Just make sure that Metromile is available in your area because Metromile is only available in selected areas.

Metromile insurance plans are cheaper compared to other insurance companies’ standard policy

When choosing an insurance policy, make sure you make the right decisions and consider your needs, especially if you’re a senior and/or senior driver. Find the best company that will cater to your needs.

There are also lots of insurance companies that provide discounts to retired or senior drivers, that comes with corresponding conditions for you to avail, make sure you use them as well. The insurance policies given above will greatly help you when deciding the best insurance policy for you.