Auto Insurance for Seniors
Auto insurance is mandatory in Pennsylvania. The good news
is that rates filed by auto insurers since auto insurance reform was enacted in
1990 have risen at less than half the cost of living. Of course, individual
premiums will vary according to your circumstances like the value of your car,
how much you drive, whether young drivers are on your policy, etc.
Pennsylvania boasts a competitive auto insurance marketplace
with more than 200 companies writing auto coverage. This provides consumers
with many options and helps keep prices in check.
Mature drivers can also get a break. Pennsylvania law
requires a premium reduction of at least five percent for
each vehicle on a private passenger automobile policy under which all named
policyholders are 55 years of age or older if they have successfully completed
a driver improvement course that meets the standards set by PennDOT. A list of PennDOT-approved mature driver
courses is available through their website.
For more information on auto insurance in general, visit the Coverage section
of our website.