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How much do seniors pay for car insurance? Senior drivers often enjoy lower insurance rates than younger drivers until around age 70. After that, Afilalo says, “rates can tick up for drivers in ...
Myth #3: Car insurance is more expensive for senior drivers. Contrary to popular belief, getting older doesn't automatically mean paying more for car insurance. ... Myth #5: If a loved one crashes ...
9 smart ways for seniors and mature drivers to save on car insurance. Mature drivers can often snag lower car insurance premiums and access special discounts that can put hundreds back in your ...
Auto insurance is a legal requirement in most states, and so paying for your coverage can feel like an obligation — like a tax or utility payment — with most drivers setting up their policy ...
The number of older drivers on the road is growing and bound to increase at a more rapid rate, as more baby boomers become seniors. [7] According to an AARP spokeswoman, by 2030 over 78 million boomers will be 65+, and research shows that men will outlive their driving abilities by six years and women by 10.
More drivers are going without auto insurance as inflation and higher premiums pressure their budgets. The number of households that have at least one uninsured vehicle increased to 5.7% in the ...
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