Why do seniors pay more for car insurance?

Data shows that senior drivers have a higher risk of being injured in a car accident and are more likely to cause accidents than younger drivers. Many age-related factors, such as loss of vision, motor skills and even some medical conditions can increase the likelihood of a crash.

As a result, car insurance companies often charge senior drivers higher rates to offset the increased risk of a claim. When shopping for the best car insurance for elderly drivers, it’s a good idea to get quotes from multiple carriers to see which provider can offer the lowest rate.a

Posted by Alyssa DiCrasto

Alyssa uses her many years of experience writing about complex industries to research and create clear content that makes insurance easy to understand. She has been with Rate Retriever since its beginning, establishing our strict editorial policy and directing our comparison experience.

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