You can save 15% or more on car insurance in New York with a fast, free quote from GEICO. The best auto insurance company for seniors varies based on several factors, such as location, driving history, and current financial profile. The tables below show the cheapest car insurance for young drivers in New York, along with the estimated monthly and annual costs. State Farm offers the best overall car insurance for most seniors, and the company with the cheapest rates for seniors is Geico.
You can expect to pay much more for car insurance if you have a recent accident because of your driving record. Seniors looking for car insurance should consider a variety of factors, including prices, discounts and whether the insurer can offer a renewal guarantee. The Hartford, in partnership with AARP, offers auto insurance for seniors, as well as special features for policyholders over 50 years of age. While the cost of car insurance tends to increase for older drivers, you can find ways to save by comparing quotes or qualifying for discounts for veteran drivers or older drivers.
A person's age, driving history, and credit ratings can significantly affect the cost of car insurance in New York. However, the cost of AARP car insurance can increase rapidly between the ages of 70 and 80, so compare auto insurance quotes to make sure you don't overpay. Seniors who are stopped for speeding are likely to experience 9% increases in their car insurance rates. However, retirees who no longer commute to work can save money on their car insurance by taking advantage of low mileage discounts or by switching to a pay-per-mile insurance plan.
If you're planning to move when you retire, it's important to remember that car insurance premiums vary by state and neighborhood. With a no-fault system, your car insurance pays the medical bills and out-of-pocket expenses of anyone included in your policy, regardless of who caused the accident.