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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 their 70s and 80s due to a slight increase ...
Generally, older, less expensive vehicles are cheaper to insure than newer, higher-performance cars. Read more: check out our picks for the best car insurance companies 3.
Dig deeper: 9 smart ways for seniors and mature drivers to save on car insurance 💊 Pharmacy discounts Pharmacies tend to offer discount days and specific programs for older customers.
2. Take advantage of discounts. Another solid strategy when you need to know how to lower your auto insurance rate is to consider discounts. Companies typically offer several discount ...
Under the terms of your auto insurance policy, you have a deductible of $1,000. You look at your policy and realize that you're paying $50 per month for the collision portion. That's $600 per year.
The NJ SAIP insurance does cost about one dollar per day for coverage — $365 for the whole year. It’s designed to offer an affordable option for drivers who cannot afford a full coverage policy.
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