Who Has Cheap Auto Insurance for Seniors in Kansas?

When shopping for the cheapest insurance for senior citizens, one of the many components that insurance companies use when figuring the price of your policy is where your home is located. Densely populated urban areas like Garden City, Liberal, and Wichita tend to pay more, whereas areas with less crime or weather claims profit from lower rates.

The following table lists the higher priced cities in Kansas for seniors to purchase car insurance in.

Premium costs are estimated as the specific area where the vehicle is garaged can lower or raise price quotes noticeably.

Cost and performance of the vehicle needing coverage is one of the main factors when quoting cheap auto insurance for seniors in Kansas. Vehicles with lower performance, modern passenger safety features, or a low likelihood of having liability claims will cost substantially less to insure than higher performance models. The next tables estimates coverage rates for a handful of the most budget-friendly vehicles to buy coverage for.

Price data assumes married male driver age 60, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kansas minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Table data does not factor in vehicle location which can increase or decrease premiums substantially.

Price data assumes married male driver age 60, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kansas minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Prices do not factor in specific Kansas garaging location which can increase or decrease price quotes greatly.

Price data assumes married male driver age 60, no speeding tickets, no at-fault accidents, $1000 deductibles, and Kansas minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Prices do not factor in vehicle garaging location which can alter premiums significantly.

Discounts on cheap auto insurance for seniors in Kansas

Insurers that sell policies for seniors may have rate discounts that can reduce rates by 40% or more if you meet specific eligibility requirements. A few of the larger companies and some of their more popular discounts are detailed below.

The information below illustrates the difference between annual premium costs with and without discounts. The data assumes a female driver, no accidents, no driving violations, Kansas state minimum liability limits, comp and collision included, and $1,000 deductibles.

The first bar for each age group shows premium with no discounts. The second shows the rates with multiple vehicle, multiple policy, defensive driving course, accident-free, anti-theft, and safe-driver discounts applied. With discounts applied, the average amount saved each year on insurance for seniors is 38% or $589.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Female Driver No Discounts’, ‘Female Driver with Discounts’],[‘Age 20’, 2297,883],[‘Age 30’, 1539,1647],[‘Age 40’, 1441,1109],[‘Age 50’, 1261,1039],[‘Age 60’, 1221,911],[‘Age 70’, 1449,883]]);var options = {title: ‘Effect of Discounts on Insurance Price for Seniors’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#c096ca’, ‘#e1b7ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

The illustration below illustrates how choosing a deductible can affect insurance premiums when searching for cheap insurance for seniors. Data assumes a single female driver, comprehensive and collision coverage, and no policy discounts are applied.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 3087,2831,2557,2297],[‘Age 30’, 2123,1941,1733,1539],[‘Age 40’, 1969,1805,1619,1441],[‘Age 50’, 1721,1577,1413,1261],[‘Age 60’, 1667,1527,1369,1221],[‘Age 70’, 1951,1789,1615,1449]]);var options = {title: ‘Deductible Levels and Car Insurance Rates in Kansas’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

The data above shows that a 50-year-old driver could reduce rates by $308 a year by changing from a $100 deductible to a $500 deductible, or save $460 by changing to a $1,000 deductible. Even younger insureds, like the Age 20 chart data, could save $790 every year just by choosing larger deductibles. If you make the decision to raise deductibles, it is essential to have plenty of discretionary funds to be able to pay the extra out-of-pocket expense that deters many people from opting for higher deductibles.

Best cheap insurance quotes for senior citizens

Thanks to the internet, there are a lot of ways to quote insurance rates in Kansas, but the most common are through an independent agent, an exlusive agent such as State Farm or Liberty Mutual, or from a direct company like Progressive or Geico. You can use whichever method you prefer, but it’s good to know the differences in how they provide price quotes.

Independent agents can place your business with multiple companies and can provide price quotes from each one. These types of agents possess the freedom to provide you with more rate quotes, which can help you get better odds of saving money. If prices rise, your policy can be easily switched to a different company which prevents you from having to find an new insurance agent.

A captive, or exclusive, agent is only able to quote rates from one company like a Farmers or Allstate agent. These agents usually cannot provide a range of price quotes, so if their pricing is high, there is no alternative.

The third way to buy insurance is direct which means you forego an exlusive or independent agent and buy direct from companies such as Progressive or Esurance. Shopping for insurance direct can be a good choice for families who do not have complex finances and have an above average understanding of what coverage limits and deductibles they need.

What is the best method to buy cheap auto insurance for seniors in Kansas? Our initial answer would be shopping direct results in the cheapest rates since no commissions are paid to an agent, but in reality, that is not true. A good argument could also be made that going through an independent agent results in the cheapest rates because you have more choices, but that assumption is also not accurate. In many cases, the exclusive agents have really good rates that cannot be beaten by either independent or direct companies.

Because there are so many factors that make up insurance rates, the one way to ensure you are not overpaying is to compare rate quotes from as many companies as possible. It’s a good idea to get quotes from all three types to have the best selection of rates to choose from. For a list of insurance companies with low rates, click here to view.