Why Car Insurance Rates Increase After 65
After the age of 65, car insurance rates increase again because car accidents for this age group also increase. However, there are car insurance providers that give senior drivers discounts if they have clean records or attend a safe driving course.
Check what senior driving courses are available in your area that may help get you discounted car insurance rates. Your agent or the DMV can give you a list of online and in-person driving courses.
To reduce your insurance rates after 65, reduce the number of miles you drive. At 65, you may be near or at your retirement age. Not commuting back and forth to work will mean the number of miles you drive will also be reduced. Make sure to let your insurance agent aware of this important change so that your insurance policy is priced more accurately.