GEICO has the cheapest car insurance for seniors drivers on average starting at $86 monthly for minimum liability coverage, 36% below the national average for senior citizens. Full coverage rates for seniors average $184 monthly, making it the best option for seniors with vehicles woth more than $5,000.
While GEICO is the lowest cost auto insurance company nationally, State Farm and Nationwide consistently offer lower rates that are below the national average by 3 to 12%. Below, we rank the most affordable car insurance rates for seniors, showing each provider's average monthly and annual premiums.