Cheapest Car Insurance Quotes for Drivers Over Age 70 in Georgia

The make and model of vehicle that is being insured is one of the largest considerations when shopping for the cheapest auto insurance for drivers over age 70 in Georgia. Vehicles with limited speed and performance, advanced safety features, or low incidents of liability claims will cost less to insure than adrenaline junky models. The next table illustrates auto insurance costs for a selection of the most budget-friendly automobiles to insure in Georgia.

Prices above based on married female driver age 70, no speeding tickets, no at-fault accidents, $500 deductibles, and Georgia minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Information does not factor in your specific Georgia location which can affect premium rates greatly.

Looking at the numbers, we can assume that cars like the Hyundai Elantra, Honda CR-V, and Ford Escape are most likely to be some of the more affordable vehicles to insure for older drivers. Car insurance rates will be more costly just because there is more claim risk for drivers over age 70, but in general those specific models will most likely have the cheapest auto insurance rates compared to other types of vehicles.

When shopping for the cheapest insurance for older drivers, one of the many factors that is looked at to help calculate the annual cost of car insurance is where you keep your car. Areas with a lot of weather claims or more people like East Point, North Atlanta, and Mableton tend to pay higher rates, whereas areas that tend to be more rural have the enjoyment of a little cheaper coverage.

The information below displays the most expensive cities in Georgia for drivers over age 70 to buy an auto insurance policy in.

Premium costs are approximated as the specific zip code location can decrease or increase prices greatly.

Locating cost effective car insurance is confusing at best, and deciding which company quotes the cheapest auto insurance rates for drivers over age 70 will involve even more work. Premiums may be moderately pricier than the state average attributed to the potential for higher claims related to offering coverage for older drivers, but competitively-priced coverage should be attainable if you carefully shop around. Every insurance provider uses their own method for setting prices, so let’s take a look at the auto insurance companies with the overall cheapest rates in Georgia.

It’s important to understand that Georgia auto insurance rates are impacted by many factors that may substantially change the cost of a policy. That is why it is important to shop around to get the best car insurance quotes for drivers over age 70. Insurance rates are influenced by many different factors and change substantially, so the best price the last time you shopped around may now be one of the more expensive options.

Compare Cheap Insurance Quotes for Age 70+

Click to Compare Rates Now

Auto-Owners generally has some of the lowest car insurance rates in Georgia at around $864 a year. The Hartford, USAA, Central Mutual, and MetLife also are some of the cheapest Georgia auto insurance companies.

In this example, if you currently have coverage with Central Mutual and switched to Auto-Owners, you might achieve an annual premium reduction of about $305. Insureds with MetLife could save as much as $362 a year, and Georgia Farm Bureau customers might lower prices by $435 a year.

It’s important to note that these policy rates are averaged for all types of insureds and vehicles and do not take into consideration a rate increase for drivers over age 70. So the auto insurance company that can offer you the lowest price may not even be included in the above list. That illustrates why you need to get rate quotes from many companies using your own driver information and specific vehicle type.

Irresponsible driving raises your rates

One of the best ways to receive the cheapest auto insurance for drivers over age 70 in Georgia is to be a good driver and avoid accidents and traffic citations. The chart below illustrates how traffic citations and fender-benders increase insurance costs for different categories of driver ages. The data assumes a married female driver, full physical damage coverage, $500 deductibles, and no discounts are applied.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘Two Speeding Tickets and No Accidents’, ‘Two Speeding Tickets and One Accident’],[‘Age 20’, 2233,2887,3549],[‘Age 30’, 1557,2213,2875],[‘Age 40’, 1545,2199,2859],[‘Age 50’, 1353,2013,2669],[‘Age 60’, 1291,1947,2607],[‘Age 70’, 1389,2047,2705]]);var options = {title: ‘Accidents, Violations, and Georgia Insurance Rates’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Georgia’,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);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

In the example above, the average cost of auto insurance in Georgia per year with no accidents and a clean driving record is $1,561. Get written up for two speeding tickets and the average cost hikes up to $2,218, an increase of $656 each year. Now include one accident along with the two speeding tickets and the annual cost of auto insurance for drivers over age 70 jumps again to an average of $2,877. That’s an increase of $1,316, or $110 per month, just for not being a responsible driver!

The example below shows how choosing a deductible can increase or decrease premium costs when trying to find cheap insurance for drivers over age 70. The price estimates are based on a single male driver, comprehensive and collision coverage, and no discounts are applied.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 3859,3517,3147,2797],[‘Age 30’, 2005,1847,1661,1481],[‘Age 40’, 1987,1817,1625,1437],[‘Age 50’, 1805,1653,1481,1315],[‘Age 60’, 1743,1599,1433,1277],[‘Age 70’, 2113,1947,1763,1591]]);var options = {title: ‘Impact of Deductibles on Auto Insurance Rates in Georgia’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},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 chart above illustrates that a 40-year-old driver could lower their policy premium by $324 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $490 by selecting a $1,000 deductible. Even younger drivers, like the 20-year-old category, can save up to $1,062 each year by choosing a higher deductible.

When increasing deductibles, it is essential to have enough spare savings to be able to pay the extra out-of-pocket expense, which deters some people from using high deductibles.

Allstate, Geico, Progressive, or State Farm: Who is cheapest?

When it comes to buying auto insurance for older drivers in Georgia, four good companies to start with are Allstate, Geico, Progressive, and State Farm. They all have the same basic coverages, but each one has somewhat different options that may influence which company you choose. The following table compares ratings and policy coverage options offered by each one.