Does being retired affect car insurance?

Retirement can be a major change in life. After years on the job, you’re looking forward to relaxation, a slower pace, and new adventures. Part of retirement planning includes determining future monthly expenses and the impact made by retiring from the workplace. Some monthly bills, like those for housing or mobile service, are stable and…

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Car Insurance for Over 55

Individuals aged 55 and above are likely to pay more for car insurance because these drivers are considered to be high-risk compared to their middle-aged counterparts. The basis for this includes health-related conditions such as: Slower reflexes Hearing and vision impairment Medications According to the United States Census Bureau, almost 19 percent of all road…

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How much is car insurance for seniors?

If you are a senior citizen, you may have noticed that your car insurance premiums have been increasing over the last few years. Your driving record has not changed, and you are still driving the same car, so why are your rates increasing? There are several reasons why senior citizens pay more for car insurance…

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