Cheap Auto Insurance for Drivers Over Age 60 in Idaho

The words “low-cost” and “insurance” really should not be used together, especially when you are looking for the best car insurance rates for drivers over age 60. Let’s get started by showing you a few of the factors that have an impact on insurance rates, and figure out some ways to cut the cost of the next policy you buy.

One of the more important considerations that help determine a rate quote is where you choose to live in Idaho. Areas with more people or even just a higher incidence of claims like Moscow, Sandpoint, and Pocatello tend to have more expensive car insurance rates, whereas areas with less congestion have the benefit of cheaper auto insurance prices.

The next table displays the most costly cities in Idaho for drivers over age 60 to buy car insurance in.

Annual rates are approximated as the specific area where the vehicle is garaged can revise premium rates substantially.

We all like different vehicles, and the type of vehicle you are insuring is a large factor that determines if you can find cheap car insurance for drivers over age 60 in Idaho. Vehicles with more horsepower, a lack of advanced safety features, or an increased likelihood of liability claims will cost quite a bit more to insure than safer, lower-performance models. The next tables estimates car insurance prices for the most economical vehicles to buy insurance for.

Prices above based on married male driver age 60, no speeding tickets, no at-fault accidents, $1000 deductibles, and Idaho minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Price estimates do not factor in specific garaging location which can decrease or increase insurance rates noticeably.

Data assumes married male driver age 60, no speeding tickets, no at-fault accidents, $1000 deductibles, and Idaho minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Prices do not factor in Idaho location which can lower or raise coverage rates significantly.

Cost estimates assume married male driver age 60, no speeding tickets, no at-fault accidents, $1000 deductibles, and Idaho minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Price estimates do not factor in the specific area where the vehicle is garaged which can change price quotes greatly.

Trying to find affordable insurance is tough enough, and figuring out which insurers offer the most affordable car insurance rates for drivers over age 60 will require additional perseverance. Coverage rates may be moderately lower-priced than the average price in Idaho, with the decrease attributed to the posibility of fewer claims that comes with offering coverage for older drivers. Cost-effective coverage should be readily available from a lot of different companies.
Each company has their own guidelines for filing rates in each state, so we’ll take a look at the car insurance companies with the overall cheapest rates in Idaho.

It’s important to know that Idaho car insurance rates are impacted by many things that can increase the cost of a policy. This price variability is why consumers need to take the time to perform a complete rate comparison to find the lowest insurance rates for drivers over age 60. Insurance rates are impacted by many different factors and change dramatically, so the cheapest company the last time you compared rates may now be priced much higher than other options.

Cheapest Insurance Rates for Age 60+

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American National quotes some of the best car insurance rates in Idaho at around $244 annually. Farm Bureau of ID Group, USAA, Oregon Mutual, and American Family would also make the list of some of the most economical Idaho auto insurance companies.

As shown above, if you currently have coverage with Oregon Mutual and switched to Farm Bureau of ID Group, you may see annual savings of in the vicinity of $134. Customers with American Family could save as much as $155 a year, and Travelers customers might realize rate reductions of up to $163 a year.

These premiums are averaged across all types of insureds and vehicles and are not factoring in a rate decrease for drivers over age 60. So the company that is best suited for you may not even be shown in the rate chart shown above. That’s why you need to quote rates from many companies using your own personalized driver profile and vehicle information.

The example below highlights how deductible choice can impact premium costs when searching for cheap insurance for drivers over age 60. The data assumes a single male driver, comp and collision included, and no discounts are applied to the premium.

The data above shows that a 40-year-old driver could lower their policy premium by $196 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $294 by switching to a $1,000 deductible. Young drivers, like the 20-year-old, could potentially save as much as $638 annually by choosing larger deductibles on their policy. When using a larger deductible, it is important to have plenty of discretionary funds to be able to pay the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.

Discounts on cheap car insurance for drivers over age 60 in Idaho

Insurers that offer coverage for drivers over age 60 may also give you discounts that could lower prices by as much as 40% or more if you meet specific criteria. Large car insurance companies and some of the discounts are:

The example below shows the comparison of insurance costs with and without some available policy discounts. The premiums assume a male driver, no tickets, no at-fault accidents, Idaho state minimum liability limits, full physical damage coverage, and $100 deductibles.

The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with multiple policy, multiple vehicle, homeowner, defensive driving course, anti-theft, and accident-free discounts applied. When taking advantage of discounts, the the amount saved on car insurance for drivers over age 60 is % or $.