GEICO has the cheapest car insurance for most senior drivers, averaging $86 monthly for minimum liability coverage. Below, we rank the best car insurance rates for seniors by driver profile, showing each provider's average monthly and annual premiums.
Cheapest Car Insurance for Seniors in 2025
Updated: July 10, 2025
Advertising & Editorial Disclosure
Key Takeaways
With annual rates averaging $1,032 per year for minimum coverage, GEICO offers the cheapest car insurance for seniors.
Without considering discounts, the average cost of car insurance for seniors across coverage levels is $1,617 per year or $135 per month.
Senior-specific discounts typically range from 5% to 30% off premiums and include age-based benefits (50+ or 55+), defensive driving course discounts, retirement savings and reduced rates for low-mileage drivers.
Who Has the Cheapest Car Insurance for Seniors?
| GEICO | $86 | $-49 | -36% |
| National General | $90 | $-46 | -34% |
| Kemper | $107 | $-29 | -21% |
| Amica | $117 | $-18 | -14% |
| Nationwide | $120 | $-16 | -12% |
| Chubb | $126 | $-9 | -7% |
| Farmers | $173 | $38 | 28% |
| Allstate | $185 | $49 | 36% |
Best Car Insurance Rates for Seniors
GEICO offers the cheapest car insurance for liability-only coverage, but Nationwide also has cheap car insurance for seniors across many driver profiles. The most affordable option for you depends on your vehicle type, income and savings. The table below shows the lowest rates for seniors across various driver profiles.
Data filtered by:Results filtered by:
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Gender:Male
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Credit:Good
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Driving Record:Clean
| State Farm | $62 | $-25 | -28% |
| Travelers | $70 | $-17 | -19% |
| Progressive | $88 | $1 | 1% |
| Nationwide | $88 | $2 | 2% |
| Farmers | $103 | $16 | 19% |
| Allstate | $110 | $23 | 27% |
*The table above shows the cheapest minimum coverage policies for most seniors. USAA is exclusive to veterans, active service members and their families.
Cheapest Car Insurance for Seniors by State
Car insurance costs vary by state, so the cheapest option for seniors in your area may not match the national average. Refer to the table below to find the most affordable provider in your state.
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State:Alabama
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Coverage Level:State Minimum Liability Only
| Alabama | Cincinnati Insurance | $96 | $-75 | -44% |
| Alabama | Safeway Insurance | $130 | $-41 | -24% |
| Alabama | Country Financial | $132 | $-39 | -23% |
| Alabama | Geico | $146 | $-25 | -15% |
| Alabama | AIG | $155 | $-16 | -9% |
| Alabama | Travelers | $166 | $-5 | -3% |
| Alabama | Nationwide | $172 | $1 | 0% |
| Alabama | Progressive | $190 | $19 | 11% |
| Alabama | Auto Owners | $221 | $50 | 29% |
| Alabama | Farmers | $231 | $60 | 35% |
| Alabama | Allstate | $244 | $72 | 42% |
Cheapest Car Insurance Companies for Seniors: Full Coverage
The table below shows the cheapest car insurance for seniors who want a full coverage policy across many policy options. GEICO has the most affordable full coverage car insurance for seniors at $188 per month.
Data filtered by:Results filtered by:
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Full Coverage Policy Amount:100/300/100 Full Cov. w/$1,000 Ded.
| GEICO | $188 | $-71 | -27% |
| Nationwide | $210 | $-49 | -19% |
| Travelers | $258 | $-1 | 0% |
| Progressive | $278 | $19 | 7% |
| State Farm | $280 | $22 | 8% |
| Farmers | $336 | $78 | 30% |
| Allstate | $371 | $112 | 43% |
Cheapest Car Insurance for High-Risk Senior Drivers
Traffic violations, such as a DUI, speeding ticket or accident, can raise car insurance costs for seniors. Use the tables below to see how various violations affect insurance rates.
Cheapest Car Insurance for Seniors With a Ticket
GEICO is the cheapest car insurance for seniors with a ticket at $112 per month. The table below outlines the costs of car insurance for senior drivers with speeding tickets.
| GEICO | $112 | $-55 | -33% |
| National General | $122 | $-45 | -27% |
| Kemper | $143 | $-24 | -14% |
| State Farm | $144 | $-23 | -14% |
| AIG | $147 | $-21 | -12% |
| Amica | $147 | $-21 | -12% |
| Chubb | $147 | $-21 | -12% |
| Nationwide | $151 | $-16 | -10% |
| Progressive | $175 | $7 | 4% |
| Travelers | $175 | $8 | 5% |
Cheapest Car Insurance for Seniors After an Accident
GEICO offers the most affordable car insurance for seniors with an accident record, averaging $134 per month. The table below lists rates from various providers for senior drivers with an at-fault accident.
| GEICO | $134 | $-58 | -30% |
| National General | $139 | $-53 | -28% |
| Amica | $144 | $-48 | -25% |
| Kemper | $153 | $-40 | -21% |
| State Farm | $156 | $-36 | -19% |
| Chubb | $158 | $-34 | -18% |
| AIG | $171 | $-21 | -11% |
| Nationwide | $178 | $-14 | -7% |
| Travelers | $190 | $-2 | -1% |
| Progressive | $205 | $13 | 7% |
SENIOR DRIVER RISK FACTORS
Senior drivers aged 70 and above have higher accident frequency per mile than middle-aged adults, according to the Insurance Institute for Highway Safety and Highway Loss Data Institute.
Cheapest Car Insurance for Seniors With a DUI
For most seniors with a DUI on their record, State Farm offers the lowest car insurance rates at $166 per month. Below is the complete list of the cheapest insurance providers for seniors with a DUI.
| State Farm | $166 | $-78 | -32% |
| Progressive | $172 | $-72 | -30% |
| Kemper | $182 | $-61 | -25% |
| GEICO | $208 | $-36 | -15% |
| Travelers | $222 | $-22 | -9% |
| Nationwide | $235 | $-9 | -4% |
| Chubb | $269 | $25 | 10% |
| Allstate | $304 | $60 | 24% |
| UAIC | $306 | $62 | 25% |
| Farmers | $320 | $76 | 31% |
Cheapest Car Insurance for Seniors With Poor Credit
The most affordable car insurance companies for seniors with poor credit vary based on coverage level. GEICO offers the lowest rates for seniors with poor credit. Compare the best prices in the table below:
| GEICO | $86 | $-49 | -36% |
| National General | $90 | $-46 | -34% |
| Kemper | $107 | $-29 | -21% |
| Amica | $117 | $-18 | -14% |
| Nationwide | $120 | $-16 | -12% |
| AIG | $122 | $-14 | -10% |
| Chubb | $126 | $-9 | -7% |
| State Farm | $132 | $-4 | -3% |
| Progressive | $136 | $1 | 0% |
| Travelers | $137 | $1 | 1% |
Best Cheap Car Insurance for Seniors
State Farm offers the best cheap car insurance for seniors, averaging $114 monthly for full coverage. The top options for senior drivers combine affordability, strong customer service and financial stability. Premiums often start rising after age 65, as insurers view seniors as somewhat higher risk than younger adults.
Car Insurance for Seniors Ratings
After analyzing the top national providers, State Farm, USAA and GEICO stood out as the best car insurance companies for seniors. Below, we explain why each provider excelled and share our research findings from the quotes, claims and customer service process with each company. Also, we compare them on the following ratings:
- MoneyGeek score (out of 100)
- J.D. Power 2024 Insurance Shopping Study (out of 1,000)
- J.D. Power 2023 Claims Satisfaction (out of 1,000)
- National Association of Insurance Commissioners (NAIC) Complaint Index
- AM Best Rating
Best-Rated Car Insurance for Seniors
For the providers below, we analyzed the national averages for a full coverage policy of 100/300/100 with a $1,000 deductible for drivers aged 65. We used a weighted ranking system detailed in our methodology to determine the best car insurance providers for seniors. Below are the ratings per top provider:
| GEICO | 91 | 50 | 23 | 18 |
| Progressive | 89 | 41 | 29 | 19 |
| Nationwide | 89 | 44 | 26 | 18 |
| Travelers | 87 | 41 | 26 | 19 |
| State Farm | 83 | 42 | 23 | 18 |
| Farmers | 82 | 35 | 30 | 18 |
| AAA | 82 | 40 | 23 | 18 |
| Kemper | 81 | 46 | 20 | 15 |
| Allstate | 78 | 33 | 27 | 18 |
| UAIC | 67 | 30 | 22 | 16 |
Best Car Insurance for Seniors: GEICO
GEICO
MoneyGeek Score:
91/ of 100
PROS
- $86 monthly minimum coverage rate for seniors
- Several discount offerings
- Simple-to-use mobile app
CONS
- No vanishing deductible
- No gap insurance
- No new car replacement coverage
Best Technology-Forward Car Insurance for Seniors: Progressive
Progressive
MoneyGeek Score:
89/ of 100
PROS
- Up to 30% savings with the Innovative Snapshot® program
- Find coverage within your budget with the Name Your Price® tool
- Excellent online tools and a mobile app with a senior-friendly design
CONS
- Higher base rates for some coverage types
- Limited local agent availability in rural areas
- Gap insurance available only with full coverage
Cheapest Full Coverage Car Insurance for Seniors: State Farm
State Farm
MoneyGeek Score:
83/ of 100
PROS
- Great customer service for seniors from a personalized network of agents
- Savings through the easy-to-use Drive Safe & Save™ telematics program
- Hassle-free quotes and purchasing process
CONS
- Coverage unavailable in Rhode Island and Massachusetts
- No gap insurance
Car Insurance for Seniors: Buying Guide
Choosing the right car insurance as a senior can save you money while providing sufficient coverage. Your needs and risks may change as you age, influencing the policy you need. This guide covers key considerations, including coverage options, senior driver discounts and how lifestyle changes like reduced driving or health conditions can affect your premiums.
Car Insurance Discounts for Seniors
Seniors can lower their car insurance premiums with discounts like pay-per-mile programs, low-mileage savings and defensive driving course discounts. Bundling policies and maintaining a clean driving record can also reduce costs. Explore these options to find the best rates as your insurance needs change.
Insurance Provider | Best For | Standout Features | Average Savings Potential |
|---|---|---|---|
GEICO | Drivers 50+ | Prime Time Contract, highest multi-policy discounts | 5–15% average, up to 25% bundled |
State Farm | Safe senior drivers | Up to 30% safe driver discount, comprehensive telematics | Up to 30% for excellent drivers |
Nationwide | Budget-conscious seniors | Consistently low base rates for seniors | Among cheapest overall rates |
Progressive | Drivers 60+ | Competitive pricing, accident forgiveness | Below national average for 60+ |
Allstate | Seniors 55+ | Age-specific discount, comprehensive safety programs | Variable based on combined discounts |
USAA | Military families | Military-focused benefits, SafePilot monitoring | Varies, military-specific advantages |
Descriptions of Top Discount Programs for Seniors
- Pay-per-mile programs: These programs work well for seniors who drive less. Premiums are based on miles driven, so driving less means paying less. This option is especially helpful for retirees who no longer drive regularly.
- Low-mileage discount: Many insurers offer discounts for seniors who drive fewer miles annually. Staying under a certain mileage threshold can qualify you for lower rates, which is ideal for those who primarily use their car for errands or occasional trips.
- Defensive driving discount: Seniors can earn a car insurance discount by completing a certified defensive driving course. This course refreshes driving skills and reduces risk, encouraging insurers to offer savings.
- Multiple-policy discount: Many insurers offer discounts for bundling policies, helping seniors lower overall insurance costs. Combining auto insurance with home or renters insurance can result in significant savings.
- Accident-free discount: Seniors with a clean driving record may qualify for an accident-free discount. Insurers reward safe drivers with lower premiums, making this a valuable perk for those with a history of responsible driving.
How Seniors Can Find the Best Car Insurance Rates
Middle-aged drivers generally enjoy the lowest car insurance rates, but you can still reduce your premium after turning 55. While some steps may take time, the potential savings make exploring affordable car insurance options for seniors worthwhile.
- 1
Shop smart and update your policy
Compare quotes from at least three insurers when renewing, as companies frequently adjust their assessment methods. Remove any drivers no longer using your vehicle from your policy to reduce rates.
- 2
Optimize your vehicle and coverage choices
Choose less risky vehicles (like four-door sedans over sports cars) and consider increasing your deductible if you can afford higher out-of-pocket costs during claims.
- 3
Maximize discounts
Apply for senior discounts, good driving history savings, automatic payment discounts and take certified defensive driving classes. Also leverage discounts for safety features like car alarms and airbags.
- 4
Bundle and consolidate coverage
Combine multiple vehicles or purchase car and homeowners insurance from the same provider to access multi-car and multi-policy discounts.
- 5
Consider alternative payment and usage options
Pay your premium in full for 5% to 10% discounts, or explore usage-based insurance that tracks driving habits through devices or apps if you drive infrequently.
CONSIDERATIONS FOR SENIORS DECIDING ON COVERAGE LEVELS
- Your assets: Higher liability limits are essential if you own a home or have retirement savings to protect against damages exceeding your policy.
- Your vehicle: Full coverage is needed for newer or financed vehicles. For older cars worth less than $4,000 and paid off, liability-only coverage may suffice.
- Age: Aging can increase accident risk due to factors like changes in vision and slower reflexes, making adequate liability coverage important for financial security.
Average Senior Car Insurance Rates by Coverage Type
The average cost of car insurance for seniors 55 and older is $1,188 per year or $99 per month, with liability-only cheaper than average and full coverage higher than average.
Rates vary based on age, location, driving history and coverage needs. Seniors in their mid-50s often pay the lowest rates, but premiums usually increase after age 70 due to higher risk factors. Below is a table with average rates for senior drivers by coverage type:
| State Minimum Liability Only | $135 | $1,617 |
| State Minimum Liability w/ Full Cov. w/$1,000 Ded. | $161 | $1,935 |
| State Minimum Liability w/ Full Cov. w/$2,000 Ded. | $213 | $2,562 |
| 100/300/100 Full Cov. w/$1,000 Ded. | $270 | $3,236 |
| 50/100/50 Full Cov. w/$500 Ded. | $276 | $3,307 |
| State Minimum Liability w/ Full Cov. w/$250 Ded. | $285 | $3,417 |
| 300/500/300 Full Cov. w/$1,500 Ded. | $299 | $3,589 |
| State Minimum Liability w/ Full Cov. w/$0 Ded. | $336 | $4,026 |
Coverage Limits: How Much Protection Do Seniors Need?
Your coverage limits determine how much your insurer pays if you cause an accident. Think of them as your financial safety net. The higher the limits, the better you're financially protected if someone gets seriously hurt or you damage expensive property.
State minimum coverage
This option suits only those with extremely limited income and no assets. Otherwise, your retirement security is at great risk.
50/100/50 coverage
Consider this only if you have very little income and own nothing valuable. If you have a home or savings, these limits won't financially protect what you've worked for.
100/300/100 coverage
This is the minimum coverage experts recommend for most seniors. It provides solid protection for homeowners and those with retirement savings.
250/500/100 coverage
This is ideal for wealthy seniors with substantial investments or multiple properties. Although it's more expensive, it offers excellent asset protection.
Don’t let the desire to save on premiums jeopardize your lifetime savings. Most seniors should opt for at least 100/300/100 coverage, while wealthy retirees should consider higher limits for greater security.
Cheap Car Insurance for Seniors: Bottom Line
Finding the best car insurance rates for seniors varies by person. Car insurance companies evaluate factors like age, location, vehicle type, driving history and credit-based insurance score. To find the cheapest car insurance, get personalized quotes from multiple companies.
Car Insurance for Seniors: FAQ
Older adults often have specific auto insurance needs. Below are answers to common questions to help you find the best coverage and rates for your situation.
What is the cheapest car insurance for senior citizens?
GEICO offers the cheapest car insurance for most seniors at $86 per month for minimum coverage.
Does car insurance increase at age 70?
Car insurance rates often increase for seniors after age 70 due to higher crash death rates. Age-related vision changes, physical ability and certain medications can also impact driving skills.
What car insurance discounts are offered to seniors?
Car insurance discounts for seniors include age-based benefits (50+ or 55+), retirement discounts, safe driving course rewards, low-mileage rates, AARP membership savings, usage-based programs, safety feature discounts and policy bundling. Discounts range from 5% to 20%, with top providers being AARP/The Hartford, GEICO, Allstate, Liberty and Farmers, though offerings vary by location.
Do seniors pay more or less for car insurance?
Due to their driving experience, seniors enjoy lower rates in their 50s and early 60s, but premiums often increase after age 70. The average cost for seniors is $135 per month, with rates gradually rising as drivers reach their late 70s and 80s because insurance companies consider older drivers higher risk.
Does reduced driving after retirement affect insurance rates?
Yes, driving less after retirement can substantially lower your rates through low-mileage discounts or pay-per-mile programs. Many insurers offer reduced rates for seniors who drive under a certain threshold annually, with some companies using usage-based insurance to track actual miles driven.
What type of coverage do most seniors need?
Most financial experts recommend seniors maintain 100/300/100 liability coverage ($100,000 per person, $300,000 per accident for injuries, $100,000 for property damage) to protect their assets. Full coverage makes sense for newer vehicles, while liability-only coverage may be sufficient for older, paid-off cars with lower values.
Is it worth switching insurance companies as a senior?
Yes, shopping around for new quotes every six to 12 months can lead to substantial savings since insurance companies continually adjust their rating factors. Seniors who switch carriers often save hundreds annually, especially those who have been with the same company for many years without comparing rates.
How does taking a defensive driving course affect senior insurance rates?
Completing an approved defensive driving or mature driver course can save seniors 5% to 15% on their premiums. These courses refresh driving skills and demonstrate to insurers that you're committed to safe driving. The discount typically lasts for three years before the course needs to be retaken.
Who offers the cheapest car insurance for veteran seniors?
USAA offers the cheapest car insurance rates for most veteran seniors and their families.
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Car Insurance for Seniors Reviews: Our Ratings Methodology
To find the best car insurance for seniors, we analyzed providers using a scoring system that weighs what matters most to you:
- 30% customer satisfaction: We reviewed complaints filed with state regulators and J.D. Power satisfaction ratings to see how well each company treats its customers.
- 30% affordability: Data collected from Quadrant Information Services. We compared rates across companies to see which ones offer the best deals for seniors.
- 20% claims: Data collected from the J.D. Power Claims Study and the CRASH Report Card determined customer satisfaction when making a claim.
- 10% coverage: We checked each company's coverage options to ensure they offer the protection seniors need.
- 5% financial stability: We checked AM Best ratings to make sure these companies have the financial strength to pay your claims when you need them.
Study Overview
We collected data from state insurance departments and Quadrant Information Services to determine car insurance rates and comparisons for seniors. We analyzed 706,104 quotes from 67 companies across 897 ZIP codes to determine national and state averages.
Sample Driver Profile
We created a typical senior driver profile and got quotes based on different ages, locations and driving records to see how rates vary.
- 2010 Toyota Camry LE
- 12,000 miles driven annually
- Male drivers
- Drivers ages 60, 65, 70, 75, 80, 85 and 90
- Drivers with a clean driving record, with a ticket, accident or DUI
Policies, Coverages and Deductibles Explained
Using our sample driver profiles, we collected rate costs for full coverage and minimum coverage and data on coverage amounts.
100/300/100 stands for:
- $100,000 in bodily injury liability per person
- $300,000 in bodily injury liability per accident
- $100,000 in property damage liability
300/500/300 stands for:
- $300,000 in bodily injury liability per person
- $500,000 in bodily injury liability per accident
- $300,000 in property damage liability
Since each state has different insurance requirements, we collected rates based on what's legally required in each state to give you accurate comparisons. The deductible in an accident or incident is the amount you pay before insurance applies. We applied the following deductibles to all coverages and policies listed above:
- No deductible (for minimum coverage)
- $500 deductible
- $1,000 deductible
- $1,500 deductible
Learn more about MoneyGeek's car insurance methodology.
MORE SENIOR CAR INSURANCE RESOURCES
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- Insurance Institute for Highway Safety and Highway Loss Data Institute. "Older Drivers." Accessed July 10, 2025.