Wednesday, January 15, 2014

Tips on how to get cheap car insurance even the elderly can use

With age tends to come experience, but even though that is usually the case many car insurance companies feel that they can raise their rates. This is largely due to the increased risk that some elderly drivers pose, but this is not always the case. Another factor to higher rates on elderly drivers is simple complacency, when you have been with the same company for most of your life it can be hard to break from it to find better rates. There may even be discounts that the elderly driver now fits that they did not fit when they started the policy. However, cheap car insurance can be found with a little effort.
There are many discounts for the post 50 crowd that often didn't apply until then. As well as some that they may have overlooked while getting their car insurance in the first place.
  1. Senior - Many car insurance companies offer discounts for simply being over the age of 50. This usually represents a decreased risk that experienced drivers pose.
  2. Low mileage. Elderly people tend to drive less than their younger counter parts and the ones that do can get better rates.
  3. Owned vehicle. Many elderly people own their vehicle outright rather than make payments on it. This can sometimes lead to a discount, and also if they have had the same vehicle for a long time that often times leads to another discount.
  4. Safety features. Many people don't know that safety features that are these days standard on vehicles can get you additional discounts if you tell your car insurance company that you have them. GPS tracking, Car alarms, and car safety belts are all factors that can lead to lower costs.
New Insurance
Many elderly drivers stick to the same insurance companies that they have used for years, but this can lead to paying more than needed. The Internet has given the world a powerful tool for shopping around quickly to find the best deals in cheap car insurance. Using sites that generate a list of companies you can quickly gather a list that you can sort through to find the best deals. When you use the Internet to find your cheap car insurance you are playing the various companies off of each other to make sure that the deal you get is the best one for you situation. With a little effort cheap car insurance is out there.