Best Car Insurance For Seniors of 2020

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For many drivers, once they reach the age of 25 their car insurance rates actually go down a little. However, these same rates eventually start climbing back up once you enter the age of 60 or 70.

You may think you are stuck with these rates, but this is where you would be wrong. As a senior you actually have a few advantages that you didn’t have in your younger years.

Now, you can enjoy retirement and get a good value for the money you spend on your car insurance. To ensure you are getting the best value, you need to make sure that your policy fits your lifestyle choice and offers the right coverage for your vehicle.

To help you do this you need to make sure you are taking advantage of any perks and discounts that you qualify for.

Doing this isn’t always easy, but that is why we are here. We have compiled a list of the best car insurance for seniors.

Here are The Smart Investor Select’s picks for the top car insurance companies for seniors:

Allstate

allstate car Insurance review

On Allstate Secure Website

  • Overview
  • Coverage
  • Pros & Cons

Allstate's customer convenience drive, discounts, and a wide range of coverages are probably responsible for its popularity among Americans. Allstate is also famous for its personalized support, and it even offers a customer satisfaction guarantee in terms of its claims process.

You should note, however, that the rates offered by Allstate are somewhat more expensive than the provisions of other top insurers. As long as you meet the requirements to partake of the discounts offered by the company, you will enjoy a more balanced rate with Allstate.If you're a driver with a clean record, Allstate will treat you with fairly decent rates

  • Collision coverage
  • Comprehensive coverage
  • Liability coverage
  • Medical payments coverage
  • Uninsured and underinsured motorist coverage
  • Sound system insurance
  • Roadside coverage
  • Personal Injury Protection
  • Personal umbrella policy
  • Rental reimbursement coverage
  • Rideshare insurance
 
  • Encourages safe driving
  • Personalized customer support
  • Wide array of coverages
  • Lots of discounts
  • Claims satisfaction guarantee
  • Above-average costs
  • Average customer service
  • Some standard discounts are missing

Direct Auto Insurance

direct auto insurance review

On Direct Auto Insurance Secure Website

  • Overview
  • Coverage
  • Pros & Cons

Direct auto insurance sets itself apart as a non-standard insurance carrier that focuses on high-risk drivers that have once had poor credit or bad driving record. It offers lots of discount opportunities for customers including safe drivers, good students, senior citizens, policy renewals, and more.

The products offered by Direct auto insurance come with broad standard features. Asides comprehensive and liability protection, it also offers options such as roadside assistance, rental reimbursement, accidental death coverage, owing reimbursement, etc.

  • Bodily Injury Liability
  • Property Damage Liability
 
  • Flexible Payments
  • Discounts
  • DirectDrive app
  • Customized services
  • Customer service
  • Limited Coverage
  • Claims can only be made through phone
  • Absent in most industry studies

GEICO

Geico auto insurance review

On GEICO Secure Website

  • Overview
  • Coverage
  • Pros & Cons

GEICO provides lots of car insurance coverage options and is popular for its great customer service, as well as its great mobile app for customers. GEICO focuses on online sales to customers rather than the use of agents, which has given the company the ability to keep low rates coupled with providing similar products of other big insurers. Due to its pricing and convenience, it is known as the best option for consumers that are cost-conscious.

  • Property damage
  • Bodily injury
  • Personal Injury Protection
  • Medical Payments
  • Comprehensive
  • Collision
 
  • Excellent 3rd-party ratings
  • Great mobile app
  • Multiple Policy discounts
  • New cars have mechanical breakdown insurance
  • Gap insurance absent
  • It may be difficult to get a local agent
  • Accident Forgiveness cannot be found in all states
  • Some coverage options missing

Progressive

progressive auto insurance review

On Progressive Secure Website

  • Overview
  • Coverage
  • Pros & Cons

Low prices are one of the things that made Progressive so popular among Americans that the company even encourages you to compare its rates with other insurance providers right on its website with a price comparison tool.

You will find the company provides standard car coverage options other insurers offer (like liability, personal injury protection, medical payments, etc.) and perks (like accident forgiveness, deductible reduction, etc.) when Progressive covers you. Of course, Progressive offers other insurance products like home, life, and renters through third party companies.   

  • Liability coverage
  • Comprehensive coverage
  • Collision coverage
  • Personal injury protection
  • Uninsured/underinsured motorist coverage
  • Medical payments coverage
 
  • Pet injury protection
  • Rideshare protection
  • Leading car insurance company
  • Encourages safe driving
  • Accident forgiveness
  • Competitive rates and discounts
  • Name your Price
  • No safety equipment discount
  • Below average customer service score

21st Century

21 Century Insurance review

On 21st Century Secure Website

  • Overview
  • Coverage
  • Pros & Cons

21st Century Insurance is well-known to have strong financial strength and a good reputation for offering reliable and effective insurance policies With 21st Century, customers are in control; you can edit, manage, and update your policy easily and quickly. They offer different discounts, ensuring both the old and young save without having to sacrifice the quality of the coverage. Getting a quote and filing a claim is very easy, with the claims department always available to put you through. Though the company has some drawbacks such as failing to cover all your insurance needs, lack of in-person attention, etc. the company has more benefits to suits customer needs.

  • Bodily injury liability: This coverage helps you pay lost income or wages, medical bills, suffering and pain, and funeral expenses, where necessary
  • Property damage liability: 21st Century steps in to cover repair expenses on a person’s property or vehicle if you are responsible for the accident.
 
  • Useful for Newbies and Inexperienced Drivers
  • Excellent Financial Strength
  • Low Rates
  • Access to Many Resources
  • The company may fail to cover all your insurance needs
  • Higher charges for down payment compared to competitors
  • Render most of their services online
  • Some slick features are absent in the website and mobile app

American Family

american family car insurance review

On American Family Secure Website

  • Overview
  • Coverage
  • Pros & Cons

With its many discounts for teens and students, this car insurer might serve as an efficient coverage option for customers who have children they want to include in their auto insurance policies.

American Family (AmFam) will give you reasonable rates regardless of your driving history – this is one of the reasons why the coverage provider is attractive, especially to high-risk drivers. But when it comes to online service or customer support, AmFam might not be so appealing. 

 

  • Property Damage Liability Coverage
  • Bodily Injury Liability Coverage
  • Medical Expense Coverage
  • “Personal Injury Protection
  • Comprehensive
  • Collision
 
  • A wide array of discounts
  • Innovation
  • Supports safe driving
  • Covers high-risk drivers
  • Not available nationwide
  • Website is not so user-friendly
  • Time-consuming claims and quote application