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Keeping premiums of auto insurance for seniors to a manageable level

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It is no secret that auto insurance rates are often decided by various factors including age of the driver, gender, profession, driving habits and track record. As the risk profile gets enhanced the auto insurance rates too get higher. Seniors are considered to be amongst the riskier groups when it comes to driving and hence their auto insurance rates might be a notch higher than that of others. Here are some tips to reduce the auto insurance premium to ensure you pay lower than what a normal senior is expected to do.

You can still get discounts

Auto insurance discounts are always available irrespective of your age. For seniors, there are discounts like mature driver discount which have a lower age limit. This is provided by most auto insurance companies, so you must surely look at it. If you have a good track record and haven’t had any traffic tickets especially in the last 3 years, it becomes far cheaper as you will be considered under the safe driver discounts. This discount is especially substantial, so you must ensure that you don’t get any traffic tickets or are involved in any accidents. Drive safely all the time for yourself and also for your traffic record.

Buy multiple policies

Another good idea for seniors to obtain a discount is by taking multiple policies from the same company. If your wife or kids also need a policy, you can always club them together with the same insurance company. Even otherwise you can take your house policy and auto insurance policy from the same company. You become a more valuable customer, and needless to say, will get a discount on your auto insurance rate without much fuss.

Take driving classes

If you want to force the issue and get the discount, which most seniors fail to manage, you can be proactive and join a driving class. There are numerous 4 hour and 8 hour courses, a good example being the 55 Alive driving course offered by AARP. Such courses will not only help your insurance rate but also your overall driving safety.

Shop around

Some auto insurance companies have specific policies to help provide discounts to seniors. You will have to find more about such companies and apply with them.

Refresh the traffic rules and signs

If you have been driving for long, then you are probably safe. If you haven’t driven in a while, refresh your memory about signs and ensure the glass visibility in front is good enough.