One of the many silver linings to getting older is that in many cases things get cheaper. Discounts abound when you hit the “senior” status. Car insurance in Marysville or Plain City, OH and surrounding areas are no different. Here is what you need to know about how car insurance changes after the age of 50.
When do Rates Change?
Although many people look forward to lower car insurance rates as they get older, these rates eventually will level out for people around the age of 50 to 60. This will be the time in which, with a good driving record, you can enjoy the rock bottom, lowest rates available to you. However, after you hit this sweet spot, the rates start going up again in your 70s.
Why Do Rates Fluctuate?
Car insurance rates fluctuate because insurance companies base their rates on many different factors. They base their rates on cars, driving behavior, and age. Age is important because, as an age group, drivers behave in certain ways. Even if you are an exception to the group rule, you will still fall into that category because of your age. Speaking with a rep at Smucker Insurance Agency, Inc. can help you better understand these changes.
How Can You Save?
The best way to always make sure you are getting a reasonable price on car insurance is to keep an excellent driving record. Even if you are in a high-risk age group, you will not be hit with higher premiums due to claims or marks on your driving record. Following the speed limit at all times, being cautious and not participating in risky driving behavior, will all contribute to making sure you get the best deal possible for your age group.
It is also a good idea for older drivers to brush up on their driving skills by taking driving classes geared toward seniors.
If you would like to learn more about car insurance and how it changes with age, please contact our friendly staff at Smucker Insurance Agency, Inc., serving Plain City, OH, and surrounding areas.