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U.S. drivers travel 13,476 miles per year, on average, according to the most recent FHWA data. Average annual miles per year by age group. Source: FHWA. Car insurance mileage brackets. Companies use mileage brackets to determine insurance rates based on their mileage. It usually varies from one company to another.
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7 maj 2024 · The best car insurance company for seniors depends on your driving record and where you live. On average, a full coverage car insurance policy for a 75-year-old driver costs $1,847 yearly; for an 85-year-old, it’s $2,165. Senior drivers with a ticket will find low rates at Chubb, while State Farm is the best choice if you have an accident on ...
Car insurance for seniors: rates, discounts, and more. Senior drivers pay, on average, $1,315 per year or $110 a month for auto insurance. The 60 to 69 age group pays the second-cheapest car insurance rates, behind only those in their 50s. Age Group. Average 6-Month Premium.
7 maj 2024 · Car insurance for seniors tends to increase with age. Between 65 and 75 years old, they spike 15%, or $267 annually. Nationwide offers the best deal on car insurance for seniors at an average annual cost of $1,456. Drivers aged 65 will find the best cheap senior car insurance rates starting at $1,740 for a full coverage policy.
2 dni temu · Who is pay-per-mile insurance best for? Pay-per-mile insurance is best for people who drive 10,000 miles or less each year — like college students, public transport or walking commuters and remote workers. It may also be a good option for senior drivers looking to save money — on average, drivers over age 65 drive 7,646 miles per year. [1]
20 maj 2024 · Here’s how pay-per-mile insurance plans typically function: An insurer calculates your base rate and rate per mile. Base rates and per-mile rates depend on your age, location, driving history and insurer. Say an insurer may offer you a base rate of $60 per month and 10 cents per mile driven.
6 maj 2024 · How much is auto insurance for seniors? On average, 70-year-old drivers pay $2,257 per year for full coverage car insurance. This is lower than the national average cost of car insurance, which is ...
