Does Safeco offer a senior discount? Safeco offers a defensive driving discount that seniors can qualify for, though the discount is available to drivers of any age. Like most insurance companies, Safeco does not have a senior discount that automatically lowers rates for all older drivers.
Progressive beats Safeco in terms of purchasing options, too. Safeco only sells policies through independent agents, while Progressive sells through agents as well as directly to customers. Plus, it's worth noting that Progressive is a much larger insurer than Safeco.
In September 2008, Safeco became part of Liberty Mutual Insurance. The financial strength of our parent company, combined with a national network of local independent agents, has enabled Safeco to focus exclusively on personal insurance.
The national average cost of car insurance is $1,592 per year, according to NerdWallet's 2021 rate analysis. That works out to an average car insurance rate of about $133 per month. But that's just for a good driver with good credit — rates vary widely depending on your history.
Safeco is one of our partners. Safeco now offers Auto RideSharing Coverage for drivers who work for a ride hailing company, such as Uber or Lyft, driving their personally owned vehicles. A ride hailing company is also known as a Transportation Network Company (TNC).
Kelley Blue Book reports older low-mileage cars can also develop tire dry rot, as well as have heater and radiator components fail. And having any motor vehicle sit on its tires for long also risks developing tire flat spots.
Insurers can check your MOT history to validate your mileageSo if you lie or significantly underestimate your annual mileage your cover could be invalidated.
Why does my annual mileage matter? Car insurance premiums are based on risk. The further and more often you drive, the more likely you are to be involved in and accident and need to make a claim. So, the higher your annual mileage, the higher your premium is likely to cost.
Multiply the weekly mileage figure by 52 to give annual mileage. Make sure you choose a week that is representative of your normal driving routine. Add 5 percent to the annual mileage figure to cover unplanned trips and as an error margin. To calculate this, first multiply the annual mileage by 5.
At AAA Auto, you can save up to 10 percent with a AAA low mileage discount. You will be required to submit your odometer readings when requested to qualify for the AAA mileage discount. These discounts vary depending on what region of the United States you are in.
Cheapest car insurance from the largest companies
| Company | Average annual rate |
|---|
| 1. Geico | $380 |
| 2. State Farm | $550 |
| 3. Progressive | $577 |
| 4. Farmers | $656 |
You can get an idea of your annual mileage by comparing the difference between the total miles travelled in your car each year. For example, if your total mileage is 20,000 in year 1, 40,000 in year 2, and 60,000 in year 3, you know you're driving roughly 20,000 miles per year.
In general, anything less than 12,000 miles per year is considered below average. However, some insurance companies may consider 10,000 miles or less as low annual mileage. Drivers can potentially receive special discounts if they drive their cars less than what's considered average.
Best Car Insurance for Seniors of 2021
- Best Overall for Seniors: The Hartford.
- Best for Cheap Rates: GEICO.
- Best for Veterans: USAA.
- Best for Occasional Drivers: Metromile.
- Best Discount Options for Seniors: Allstate.
- Best for High Risk Drivers: Dairyland.
- Best for Exotic and Classic Car Coverage: Hagerty.
Common causes of overly expensive insurance rates include your age, driving record, credit history, coverage options, what car you drive and where you live. Anything that insurers can link to an increased likelihood that you will be in an accident and file a claim will result in higher car insurance premiums.
