Compare 80-Year-Old Driver Car Insurance Rates [2023]

If you are approaching a milestone birthday and will soon celebrate the start of your ninth decade, you may wonder if you have to pay more for over-80 insurance. We understand that you need to budget and may want to keep costs in check, so here’s some guidance on getting the best quotes on over-80 car insurance. 

What about senior discounts on insurance?

Rates can vary widely by the insurance company, and it’s essential to shop around to make a realistic comparison. Besides that, you can also look for discounts, although there may not be such a thing as a specific “senior discount.” 

Instead, you may find lower rates if you have a clean driving record or may be eligible for a reduced rate if you prove your ability by taking a safe driving course.

Are there other ways to get lower rates for over-80 car insurance?

Many older drivers cover a far less distance than their younger counterparts and if this is the case for you, consider getting a low mileage insurance discount. You’ll need to get a device fitted to the vehicle to tell the insurance company how many miles you drive, which will adjust the rate accordingly.

Some people think it’s a good idea to reduce their level of coverage to get cheaper insurance. However, you should think carefully about this before getting rid of collision or comprehensive coverage from your policy.

If you’re happy to pay a higher deductible in the event of a claim, this will usually lower your car insurance rates as well.

Why Over-80 Car Insurance Costs So Much

Age is one of the factors that affect car insurance rates. Insurers often consider drivers over 80 years old to be a higher risk than younger drivers, and you can expect to pay higher rates once you pass that milestone. However, you may be able to look at other ways to reduce your premiums through discounts or other programs.

Why is it more expensive to get auto insurance for seniors?

Some people think you should get lower insurance rates as you age because you typically have much more experience behind the wheel. The insurance companies will try to be as fair as possible and want to offer policies to as many people as possible, as it is in the business of making profits. 

However, insurers have to balance risks and will gather a lot of statistics to set those rates.

What does the research say about older drivers?

When looking at statistics, one study by the AAA Foundation found that the number of crashes increased significantly for the 80+ group, especially involving fatal accidents. Still, another study by the Insurance Institute for Highway Safety found that the fatality rate for seniors involved in car accidents had decreased by 15% since 1997. 

While these are just some of the statistics that the insurance companies may consider, it may be no surprise that premiums can increase as people get older.

What are the DMV policies for drivers over 80 years old?

Licensing renewal requirements can vary considerably by state. For example, Florida insists on license renewal every eight years, but that decreases to every six years following the 80th birthday. Those aged 80 and over must also pass an eye exam each time they renew.

What You Need to Know About Over-80 Car Insurance

Some older drivers ask the question — can I get auto insurance after turning 80? Thankfully, most insurance companies will be able to provide you with a quote, which will depend on several factors, including your age.

It’s a good idea to shop around to get the best rate for your unique situation and see if you can qualify for any other discounts.