Auto Insurance for Retired Drivers

​It’s time to make sure that every penny goes to your retirement funds after taking a seat from the bustle of work-life. There’s no need to spend ridiculous amounts of money on car insurance. With statistics on the current senior citizens’ side that they’re less likely to get into accidents, there’s an opportunity to save.

How to Save on Auto Insurance
Take advantage of this trend and save by considering a few things:
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1. Not Driving as Much?
   If you find that you’re spending a lot less time on the road going to and from work, consider renegotiating with your insurer. Since you drive less, you can cut back a few dollars of what you pay and save.
   
   
2. Don’t Need One of Your Cars?
   If your household has more than one vehicle, this could be the time you decide to let go of one. With one less car to pay for, your premiums could significantly reduce, helping you save money. If you’re planning on taking up new hobbies that require you to be still mobile, you may want to hold on to though. 
   
   
3. Do You Have Safety Features Installed?
   Make sure you update all your safety features as insurers will look at such things when providing coverage. Things like alarm systems and antitheft modulators or collision warnings give insurance companies enough assurance to offer you discounts. 
   
   
4. How Long Have You Been With Your Insurer?
   Loyalty speaks volumes in business, and the longer you’ve been with your current insurer could qualify you for a discount. 
   
   
5. Are You a Certified Defensive Driver?
   With a defensive driving course, you’ll be viewed as less of a liability by your insurer, potentially qualifying you for a discount. 
   
   
6. Green?
   Save a tree by opting to receive your bills via email instead of printed copies. Some insurers consider this honorable enough to offer a percentage off of your premiums.
   
   
7. Have You Been Faithful with Your Liability Coverage? 
   By rule of thumb, your liability coverage should be significantly more than what your state requires. While it costs a bit more, if ever you’re involved in an accident, and another motorist is injured, that'll help.

Conclusion
As you relax into your retirement, having worked hard all your life, make sure to talk to your insurer about changes to your lifestyle. Inquire what retirement discounts are available for you and save!

At Desmond Insurance, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (859) 491-5100 or Click Here to request a free quote.