Who Has the Cheapest Car Insurance for Drivers Over Age 70 in Massachusetts?

When talking about auto insurance, the words cheap or affordable really shouldn’t be used anywhere in the article to describe car insurance rates. Be that as it may, cheap car insurance for drivers over age 70 is not always easy to find. Don’t let that discourage you, because we are going to tell you how you can still get coverage that fits into your budget.

The make and model of vehicle that needs insurance is one of the largest considerations when looking for the lowest-priced auto insurance for drivers over age 70. Vehicles with lots of horsepower, poor safety features, or a high likelihood of having liability claims will cost significantly more to insure than more economical and safe models. The next tables outlines auto insurance premiums for the most cost-effective vehicles to insure.

Prices above based on married male driver age 70, no speeding tickets, no at-fault accidents, $1000 deductibles, and Massachusetts minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Premium costs do not factor in vehicle location which can impact prices substantially.

Data based on married male driver age 70, no speeding tickets, no at-fault accidents, $1000 deductibles, and Massachusetts minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Table data does not factor in specific location information which can raise or lower premium rates noticeably.

Price data assumes married male driver age 70, no speeding tickets, no at-fault accidents, $1000 deductibles, and Massachusetts minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Rate information does not factor in the specific area where the vehicle is garaged which can increase or decrease premiums significantly.

For older drivers, one of the largest components that is looked at to help calculate the amount you pay each year for auto insurance is where you live in Massachusetts. Areas with more people like Revere, Lynn, and Malden are more likely to have higher rates, whereas areas with less crime or weather claims generally pay less for auto insurance.

The following table rates the highest-priced places in Massachusetts for drivers over age 70 to purchase car insurance in.

Table data uses estimated as the garaging address in Massachusetts can modify insurance rates significantly.

Deciphering which company has the best auto insurance rates for drivers over age 70 will involve a bit more work in order to find the lowest price quote. Each company uses a slightly different approach for establishing rates, so we’ll go over the auto insurance companies with the overall cheapest rates in Massachusetts.

It’s a good idea to be aware that Massachusetts auto insurance rates are impacted by many factors that may substantially change the cost of a policy. Turning one year older, increasing liability limits, or getting a reckless driving citation may generate price changes that can cause some rates to be cheaper than competitors.

Best Insurance Companies for Age 70+

Get a Free Quote and Save

State Farm normally has some of the most affordable car insurance rates in Massachusetts at around $719 per year. National Grange Mutual, GEICO, Commerce Group, and OneBeacon would also make the list of some of the most economical Massachusetts car insurance companies.

As depicted above, if you currently have coverage with OneBeacon and switched to National Grange Mutual, you might realize an annual premium reduction of upwards of $80. Drivers with Progressive may save as much as $176 a year, and Arbella customers might reduce rates by $207 a year.

To find the cheapest auto insurance for drivers over age 70 in Massachusetts, click here to get a free quote or click through to the companies below.

These estimates are averages across all insureds and vehicles and do not take into consideration a price surcharge for drivers over age 70. So the auto insurance company that can offer you the best price may not even be featured in the chart above. That affirms the importance of why you need to get rate quotes from many companies using your own driver data and vehicle information.

Discount Massachusetts insurance

Insurance companies that offer the cheapest auto insurance for drivers over age 70 in Massachusetts could also offer policy discounts that could lower prices by 40% or more if you can meet the requirements. Large auto insurance companies and a summarized list of policyholder discounts are detailed below.

• State Farm offers discounts including Drive Safe & Save, good driver, driver’s education, student away at school, and anti-theft.
• Esurance discounts include DriveSense, renters, claim free, defensive driver, multi-car, and anti-theft.
• Progressive may offer discounts for homeowner, online signing, continuous coverage, online quote discount, good student, and multi-policy.
• Liberty Mutual offers premium reductions for new vehicle discount, new graduate, exclusive group savings, multi-car, and new move discount.
• Auto-Owners Insurance policyholders can earn discounts including teen driver, company car, multi-policy, student away at school, and paperless.
• GEICO offers discounts for anti-theft, military active duty, daytime running lights, multi-vehicle, emergency military deployment, and anti-lock brakes.

The information below illustrates the difference between car insurance costs with and without policy discounts. The premiums are based on a male driver, no accidents, no driving violations, Massachusetts state minimum liability limits, full coverage, and $100 deductibles.

The first bar for each age group shows the price with no discounts. The second shows the rates with multiple policy, claim-free, multiple vehicle, defensive driving course, vehicle safety, and anti-theft discounts applied. When taking advantage of discounts, the the amount saved on auto insurance for drivers over age 70 is 28% or $528.

The diagram below demonstrates how deductible levels can influence premium costs when trying to find cheap insurance for drivers over age 70. The premium estimates are based on a married male driver, comprehensive and collision coverage, and no discounts are applied to the premium.

As shown above, a 30-year-old driver could lower rates by $358 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $544 by selecting a $1,000 deductible. Youthful drivers, such as the 20-year-old chart data, could roll back prices up to $1,084 annually just by choosing larger deductibles.

If you do raise deductibles, it will be necessary to have enough in a savings account to satisfy the extra out-of-pocket expense, which deters some people from using high deductibles.

Progressive vs Geico vs State Farm vs Allstate

When buying car insurance for older drivers in Massachusetts, some of the largest companies to start with are Progressive, Geico, State Farm, and Allstate. If you add them together, they insure about half of all policies written in the United States. The data below compares and contrasts some of the different options and features offered by each company.