Cheap Auto Insurance for Seniors in 2025 (Lowest Rates With These 10 Companies)

The top cheap auto insurance for seniors comes from Erie, Amica, and State Farm, with the latter providing the best overall rates. 

These firms offer cheap car insurance rates, consistent customer service, and customized policy choices, making them the best auto insurance for seniors seeking the cheapest car insurance for seniors.

Our Top 10 Company Picks: Cheap Auto Insurance for Seniors

By matching prices and applying discounts, seniors can get the best policies while minimizing expenses. This article helps you navigate the top options and how to make the most out of your savings.

Affordable auto insurance for seniors is out there if you take the time to shop around. Compare car insurance quotes for seniors by entering your ZIP code into our free tool above.

#1 – Erie: Top Overall Pick

Pros

• Affordable Coverage: Erie offers some of the most affordable rates for seniors, with minimum coverage costing just $45 monthly.
• Low Monthly Rates: Erie’s $45 monthly minimum coverage rate makes it a highly economical option for senior drivers.
• Strong Financial Stability: Erie’s A+ rating from A.M. Best demonstrates its strong financial stability, ensuring that policyholders can rely on the company for long-term coverage.

Cons

• Limited Coverage Options: While affordable, Erie may offer fewer coverage options than other insurers, limiting flexibility.
• Availability: Erie’s services may not be available in all states, limiting options for seniors in certain regions. Explore further in our article titled “Erie Auto Insurance Review.”

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#2 – Amica: Excellent Customer Service

Pros

• Customer Service Excellence: Amica is known for its high level of customer service, providing seniors with personalized attention and support for their auto insurance needs.
• Low Monthly Rates: At just $46 per month for minimum coverage, Amica offers competitive and affordable pricing for senior drivers.
• Strong Financial Rating: Amica’s A+ A.M. Best rating underscores the company’s financial reliability. Delve into the specifics in our article “Amica Auto Insurance Review.”

Cons

• Limited Discounts: Amica may not offer as many discount opportunities as other insurers, which could result in less savings for seniors.
• Higher Rates for Some Drivers: Although affordable for many, some seniors may find that Amica’s rates are not the most cost-effective depending on their driving history.

#3 – State Farm: Trusted Reputation

Pros

• Trusted Reputation: State Farm is a highly reputable insurer with a long-standing record of serving seniors with dependable coverage options.
• Low Monthly Rates: State Farm’s $48 monthly minimum coverage makes it a reasonably priced option for seniors. Uncover more by delving into our article entitled “State Farm Auto Insurance Review.”
• Widely Available: State Farm is available nationwide, making it a convenient choice for seniors across the United States.

Cons

• Lower A.M. Best Rating: With a B rating from A.M. Best, State Farm’s financial strength is lower than that of other companies on the list.
• Limited Policy Customization: While State Farm offers excellent value, there may be fewer options for customizing your policy to suit your needs.

#4 – Nationwide: Usage-Based Discounts

Pros

• Usage-Based Discounts: Nationwide offers discounts based on driving habits, which can be a significant money-saver for seniors who drive infrequently.
• Affordable Monthly Rates: At $49 for minimum coverage, Nationwide offers reasonable monthly rates for senior drivers.
• Solid Financial Rating: With an A+ rating from A.M. Best, Nationwide demonstrates strong financial stability. Our article “Nationwide Auto Insurance Review” will expand your understanding.

Cons

• Complex Discount Structure: The usage-based discount program may be confusing or unavailable in all areas, limiting potential savings for seniors.
• Higher Costs for High-Risk Drivers: Seniors with a history of accidents or violations may see higher premiums despite the discounts available.

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#5 – Auto-Owners: Flexible Options

Pros

• Flexible Coverage Options: Auto-Owners offers a variety of flexible options for seniors, allowing them to customize coverage to meet their unique needs.
• Low Monthly Rates: Auto-Owners offers competitive pricing, with a starting monthly rate of $50 for minimum coverage.
• Excellent A++ Rating: Auto-Owners’ A++ rating from A.M. Best reflects the insurer’s superior financial strength.

Cons

• Availability: Auto-owners may not be available in all states, potentially limiting coverage options for some seniors. Find out more by reading our article titled “Auto-owners Auto Insurance Review.”
• Fewer Online Tools: Compared to competitors, Auto-Owners might have fewer online resources or mobile app tools for policy management.

#6 – USAA: Military Benefits

Pros

• Military Benefits: USAA is the best choice for seniors who have served in the military, offering exclusive discounts and benefits tailored for military families.
• A++ Rating: With an A++ rating from A.M. Best, USAA is known for its financial strength and stability. For additional insights, refer to the “USAA  Auto Insurance Review.”
• Low Monthly Rates: At $52 monthly for minimum coverage, USAA provides affordable rates for seniors with military connections.

Cons

• Eligibility Limitations: USAA only serves active and retired military members and their families, which limits its availability to other seniors.
• Limited Physical Branches: USAA’s primarily online and phone-based service can be less ideal for seniors who prefer face-to-face interactions.

#7 – Progressive: Competitive Pricing

Pros

• Competitive Pricing: Progressive offers some of the most competitive rates in the industry, with a monthly cost of $53 for minimum coverage.
• Variety of Discounts: Progressive provides several discounts for senior drivers, including multi-policy and safe driver discounts.
• A+ Financial Strength: Progressive’s A+ rating from A.M. Best speaks to the company’s financial security. Read our “Progressive Auto Insurance Review” to find out more.

Cons

• Customer Service Challenges: Some seniors report that Progressive’s customer service can be difficult to reach or less responsive than expected.
• Complex Policy Terms: Progressive’s policies can be more complicated than those of other providers, which might make understanding coverage options challenging for some seniors.

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#8 – The Hartford: AARP Partnership

Pros

• AARP Partnership: The Hartford partners with AARP to provide seniors with exclusive benefits and discounts on auto insurance. Read our article “The Hartford Auto Insurance Review” to gain insights.
• Competitive Monthly Rates: At $54 for minimum coverage, The Hartford offers affordable pricing for seniors, especially AARP members.
• A+ Rating: Hartford’s A+ A.M. Best rating ensures financial security for seniors choosing coverage.

Cons

• Availability: The AARP partnership limits The Hartford’s policies to seniors who are AARP members, restricting eligibility.
• Higher Premiums for Some Drivers: Seniors with a poor driving history may find their premiums higher than other providers on this list.

#9 – Farmers: Diverse Discounts

Pros

• Diverse Discounts: Farmers offer various discounts, such as multi-vehicle and multi-policy, which can help seniors save money on their insurance premiums.
• Affordable Monthly Rates: With a monthly rate of $55 for minimum coverage, Farmers offers competitive pricing.
• A Rating: Farmers maintains good financial stability and reliability, earning an A rating from A.M. Best. Discover more by reading our article titled “Farmers  Auto Insurance Review.”

Cons

• Limited Coverage for Seniors: Farmers may not offer as extensive coverage options for seniors as other insurers.
• Premium Increases: Some seniors may experience premium increases after the first year of coverage, which could make it less affordable in the long run.

#10 – Liberty Mutual: Tailored Policies

Pros

• Tailored Policies: Liberty Mutual provides personalized coverage options, which can help seniors find an auto insurance plan that fits their specific needs.
• Reasonable Monthly Rates: At $60 for minimum coverage, Liberty Mutual offers competitive rates for seniors looking for affordable auto insurance.
• A Financial Rating: Liberty Mutual’s A rating from A.M. Best indicates solid financial stability.

Cons

• Higher Premiums: Liberty Mutual tends to have higher premiums for some seniors, especially those seeking comprehensive coverage.
• Limited Discounts: While Liberty Mutual offers some discounts, it might not have as many as other insurers, affecting overall savings. Explore further details in our “Liberty Mutual Auto Insurance Review.”

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What You Should Know About Auto Insurance Rates for Seniors

How does age affect auto insurance rates? In most states, women aged sixty receive the cheapest average rates. But does auto insurance go up when you turn 65? In some cases, yes.

Auto insurance companies typically determine your rates based on how risky a driver you are. They use fatal crash statistics to help determine which demographics are most at risk.

Often, teenage drivers are given the highest rates. They lack driving experience and are known to cause accidents.

However, the National Highway Traffic Safety Administration reports that 19 % of all traffic fatalities from 2018 were 65 and older. As you age, your eyesight fades, and your reaction time slows down, inhibiting your ability to avoid dangers while driving.

The table below details senior drivers involved in fatal accidents in 2017. The data is from the Insurance Information Institute.

Senior Driver Fatal Auto Accident Statistics

Data gathered from collisions, specifically with fatalities, show that elderly drivers are disproportionately vulnerable and at a higher risk for getting involved in collisions.

New older drivers’ insurance rate?
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This is mainly because an older body is more susceptible to blunt force trauma and less resilient when recovering from a severe injury. Therefore, seniors are considered high-risk drivers.

The following graph compares monthly rates for 75-year-old drivers versus 31-year-old drivers in different states nationwide.

Senior citizen auto insurance quotes can be substantially higher than those of younger adults. However, the cost differences are less severe in some states, like Illinois and California.

While these statistics may be difficult to accept, the unfortunate reality is that even teenage drivers are less risky behind the wheel due to their quick reaction times.

The following graph compares monthly rates for 75-year-old drivers versus teenagers who qualify for nationwide discounts. Elevate your knowledge with our “Car Insurance for Teenagers.”

As you can see, seniors pay more than teens for auto insurance. In Florida and New York, auto insurance for seniors costs more than double.

Do seniors get a discount on auto insurance? To avoid overpaying for senior auto insurance, you should shop for insurance. You can even save money by switching companies. Please keep reading to see what discounts you may qualify for, and use our FREE tool to get a free quote today.

Read more: Government-Mandated Auto Insurance Discount for Seniors

The Best Auto Insurance Companies for Seniors

Older drivers keep their licenses longer than ever and drive more each year. What about a senior discount? Insurance companies have partnered with AARP and AAA to offer auto insurance discounts for seniors and help older drivers maintain their independence and ability to remain mobile.

If you’re wondering what factors affect rates for seniors, companies care about more than just age. Your recent driving history will also impact how your premium is calculated, as will your gender, credit history, and details about the city where you live.

The table below compares the average car insurance rates by age and gender for senior citizens by age from Geico and Progressive. We used Maine and Louisiana because they are the states with the nation’s lowest and highest insurance rates, respectively.

Average Monthly Auto Insurance Rates for Senior Drivers by Age

So, who has the cheapest auto insurance for seniors? Regarding companies offering the best auto insurance rates for senior men and women, Progressive and Geico often come out on top. In Maine and Louisiana, Progressive does have slightly better rates.

Remember, the state and city you live in will also affect your rates whether you are a mature driver or not.

AARP and AAA auto insurance for seniors over 65 provide rates similar to those of Progressive and Geico. Is AARP auto insurance a good deal? The best way to know if AAA or AARP auto insurance may be a good deal for you is by comparison shopping.

However, if you are 80 or older, you may have trouble finding car insurance over 80 in the first place. Some larger commercial companies will not insure drivers that age even with a clean driving record.

Read More: When is a car too old to drive?

Eight Tips for Buying Auto Insurance for Seniors

There are many ways to secure cheap car insurance for senior drivers. We conducted some research and arrived at eight destinations where seniors could get closer to affordable auto insurance.

• You Can Enroll in a State-Regulated Driving Course: Try taking a safe driver course. Online and in-person courses are available, and they can help refresh your standard and defensive driving skills, improve your driving habits, and provide you with an auto insurance discount. Most states have a driving program that will give you a certificate once you complete the course.
• You Can Choose a Vehicle That’s Cheap to Insure: Luxury and sports cars are expensive to insure. If you want to save money, pick a vehicle with many safety features, such as Anti-Lock Brakes, a rearview camera, etc. Cars with many safety features and a good crash rating have cheaper rates.
• How You Can Protect Your Vehicle: Did you know you can get cheaper rates for having anti-theft features on your vehicle? If your car has anti-theft features, auto insurance companies will give you a deal on auto insurance rates.
• You Can Drive Your Vehicle Less: When you drive your vehicle less, you reduce the risk of getting into an accident and your chances of filing a claim. Auto insurance companies will give you a discount on insurance premiums when you drive your car less than the average policyholder.
• You Can Get a Higher Deductible: Consider getting a higher deductible to cut your insurance costs. Deductibles are the amount you must pay before an auto insurance company pays for property damage to your vehicle. Therefore, a higher deductible limit means lower prices.
• You Can Just Buy the Auto Insurance Coverage You Need: If you don’t drive much, consider eliminating some types of car insurance products to lower your monthly rates. You might get along just fine with only the state’s absolute minimum insurance coverage requirements.
• You Can Bundle Your Auto Insurance Policy: Bundling is another easy way to secure cheap insurance for senior citizens. You’ll likely see hefty discounts if you bundle your home, auto, and life insurance.
• Comparison Shop for Cheaper Rates: The best way to find the cheapest car insurance quotes is to compare them. You don’t have to buy the first quote you get; you should hold out for the lowest rates from a reputable company. Shop around with multiple companies and compare rates to get the best deal.

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Seniors Get Discounts on Auto Insurance

There are no federal government-mandated auto insurance discounts or low-income auto insurance for seniors. However, there are still many other car insurance discounts that you might qualify for.

Companies offer everything from paperless discounts to multi-car discounts. Ask your insurance agent about what your company offers to see what can help save you money.

The Best Cars for Senior Citizens

If you’re looking for cheap senior citizen auto insurance, consider the type of vehicle you drive. Some models cost more to insure because they’re more expensive to fix or replace. The following graph compares monthly auto insurance rates for an economy vehicle versus a luxury car.

Sports cars and luxury SUVs will always cost more to insure. If you’re over 65, driving one of these vehicles gives insurance companies more reason to hike your rates.

Installing safety features on your vehicle will also help you qualify for discounts, even if you drive a basic sedan. It can also save your life.

The Insurance Information Institute reports that modern seatbelts and side airbags with head and torso protection lead to fewer fatalities of older drivers involved in accidents. Front crash protection features, blind-spot detection, and other modern vehicle technology help decrease the rate of collisions.

Can seniors get lower car insurance payment?
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Subaru’s simplified controls and added safety features make the cars ideal for older drivers, especially when looking for the best car insurance for elderly drivers. Higher seat entry levels make the vehicles more straightforward to get in and out of, which can be helpful when negotiating your car’s value after an accident. Choosing a vehicle that meets your safety needs can also help secure the best car insurance rates for seniors while reducing your chances of an accident.

Maximizing Savings with Cheap Auto Insurance for Seniors

Obtaining cheap auto insurance rates for seniors involves comparing premiums and taking advantage of discounts for mature drivers. The best auto insurance for seniors is Erie, with low premiums of $45 per month, followed by Amica and State Farm. Seniors can also request a car insurance quote to find the best deals.

Seniors can lower premiums by driving lower-cost vehicles, bundling coverage, and driving fewer miles. Seniors can get good coverage for the lowest premium with these choices. Enter your ZIP code in the free quote tool below to compare rates on auto insurance for seniors now.