The cost of car insurance for seniors varies widely based upon a number of personalized factors: Your age, driving record, address, the make/model of your car, your credit report and the coverage limits you choose.

When it comes to rates by age, car insurance typically costs the least for drivers in their early 60s, but by the latter 60s and up, rates increase.

Does the cost of car insurance increase after age 65?

No, insurance rates do not always go up once you reach age 65. It will depend upon state laws and insurance company guidelines if auto insurance rates will be raised after a driver turns a certain age. 

However, rate data show that there is a small jump in auto insurance rates for seniors, on average, starting between ages 60 and 65 and steadily increasing from there.

Some companies offer lower rates to those between 50 and 65 years of age, since this group has lower accident rates. After age 65, rates do typically begin to rise again. Seniors who are 70 or older may have difficulty finding an insurer to accept them as new customers since the frequency of accidents for this age group is higher.

Here are the average rates by age, so you can see how costs compare for age 65, based on a 2022 rate analysis:

Annual average car insurance costs for adults ages 55-75
AgeNon-Owner State MinimumState Minimum50/100/50100/300/100

How can seniors over age 65 save on car insurance?

There are auto insurance providers that give mature driver discounts for drivers of a certain age with clean records, or discounts to seniors who attend an approved driving course. Typically, a discount for defensive driving for adults age 65 is 4.31%.

Ask your insurance company about these other discounts that might apply to seniors:

  • Lower annual mileage: 6.48%
  • Homeowner: 5.75%
  • Marital Status: 8.23%
  • Loyalty: 9.04%
  • Telematics: 10.09%
  • Years licensed: 27.51%

To see what type of senior driver courses might be available to you, check with your insurance company and/or with the state DMV for a list of approved schools.

Here’s how seniors can find cheap car insurance.

– Michelle Megna contributed to this story.

Methodology: commissioned Quadrant Information Services to run auto insurance rates for a 2022 Honda Accord LX at several coverage levels for a driver with a clean driving record in all ZIP codes in each state.

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Executive Editor

Laura is an award-winning editor with experience in content and communications covering auto insurance and personal finance. She has written for several media outlets, including the USA Today Network. She most recently worked in the public sector for the Nevada Department of Transportation.