Retired Drivers

Drivers who are retired persons or senior citizens have the same requirements for safety as any other drivers using the public roads and highways. There is no special senior citizen automobile insurance policy just for this particular group. At a certain age, that might vary from state to state, the Division of Motor Vehicles (DMV) will begin to require that retired drivers begin, at set intervals of time, to undergo routine and specific medical testing of their ability to drive safely. These almost always include having their vision and hearing tested. As long as a retired person satisfies these criteria, he or she cannot legally be denied motor vehicle insurance. Automobile insurance cannot be denied to anyone because of his or her age.

As long as a person satisfies the DMV requirements and has been issued a drivers license, he or she is entitled to obtain insurance. However, the insurance company could choose not to carry a person, retired or otherwise, if after it has conducted the requisite investigation into the person's most recent history of accidents and claims it finds that person too great a risk. If it were found that person's records show a very active recent history of such accidents, claims, or serious traffic violations, the company would be within its rights to refuse coverage.

Insurance carriers have not created a policy specifically for retired motorists, but companies are often quite happy to serve this market segment, and do often offer them very attractive car insurance rates. Older drivers are attractive to automobile insurance carriers because they are, generally speaking, among the safest drivers on the road. They are also, usually not given to the filing of careless or unwarranted claims, and so are mostly much easier to serve than some of the other demographic groups.

Insurance for Retired Drivers

Once a retired person demonstrates to the insurance agent that he or she is in possession of a drivers' license, the agent will follow the standard procedure that is applied to every person seeking insurance, before offering any auto insurance quotes. The agent will examine the retired driver's driving history looking for evidence of safe driving, or its opposite, and may also run a credit check. The agent will ask the driver to produce information about the make, model, and mileage of the vehicle, to get an estimate of its value. Older model vehicles that have higher mileage will have a lower value and be less costly to insure than the newer or more expensive makes.

The retired driver will either continue the relationship that already exists with an agent or carrier, or will shop around for a new one. Then, he or she will compare quotes and other aspects that are personally important. Nowadays, more retired persons are doing this from the comfort of their home by first going online to get basic information, then when they have gathered enough information, they set up an appointment to meet with an insurance agent to discuss their insurance needs and preferences.

Retired drivers have many factors working in their favor, which could earn them sizeable premium discounts. They are generally defensive and even conservative drivers, not prone to road rage or other such aggressive behavior and are among the safest drivers on the roads. They are likely to observe the speed limits, and react correctly in a risky roadway situation, even if they might no longer be able to react as quickly as before.

The retired driver can confidently proceed with purchasing a policy and continuing to drive. Independence and mobility are important factors for everyone not least for this group.


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