The vehicle model you are insuring is one of the biggest factors when shopping for the most economical coverage for seniors. Vehicles with average performance, modern passenger safety features, or low incidents of liability claims will cost significantly less to insure than adrenaline junky models.
The next list features car insurance prices for the most economical vehicles to buy coverage for.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord LX 4-Dr Sedan | $934 |
| Ford Escape XLS 4WD | $943 |
| Honda CR-V EX 2WD | $934 |
| Volkswagen Jetta S 2.5 Station Wagon | $1,012 |
| Toyota Prius | $1,037 |
| Dodge Grand Caravan CV | $1,047 |
| Ford F-150 STX Regular Cab 4WD | $1,055 |
| Honda Odyssey EX | $1,081 |
| Chevrolet Impala LS | $1,087 |
| Ford Focus S 4-Dr Sedan | $1,081 |
| Toyota RAV4 4WD | $1,103 |
| GMC Sierra SLE Crew Cab 2WD | $1,108 |
| Jeep Grand Cherokee Laredo 2WD | $1,103 |
| Compare Rates Now Go | |
Table data assumes married female driver age 60, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Missouri minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Table data does not factor in the specific area where the vehicle is garaged which can alter prices significantly.
Based upon the rates shown, you can see that cars like the Honda Accord, Ford Escape, Honda CR-V, Volkswagen Jetta, and Toyota Prius are most likely going to be the cheapest vehicles to insure for senior citizens.
Deciphering which companies quote the cheapest auto insurance rates for seniors will involve a little more work in order to find a policy that fits your budget.
Each insurer used slightly different criteria to establish rates, so let’s rank the most budget-friendly auto insurance companies in Kansas City.
Cheap Insurance Rates for Mature Drivers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $662 |
| 2 | The Hartford | $809 |
| 3 | Electric | $841 |
| 4 | Allied | $841 |
| 5 | MO Farm Bureau | $1,021 |
| 6 | Travelers | $1,028 |
| 7 | Auto-Owners | $1,037 |
| 8 | Nationwide | $1,131 |
| 9 | Farmers | $1,151 |
| 10 | Cameron Mutual | $1,154 |
| 11 | State Farm | $1,234 |
| 12 | American Family | $1,291 |
| 13 | Safeco | $1,370 |
| 14 | Safe Auto | $1,377 |
| 15 | Progressive | $1,382 |
| 16 | GEICO | $1,392 |
| 17 | Shelter | $1,419 |
| 18 | California Casualty | $1,469 |
| 19 | MetLife | $1,473 |
| 20 | Auto Club | $1,533 |
| Find Cheaper Rates Go | ||
USAA may offer some of the most affordable car insurance rates in Kansas City at around $662 annually. This is $600 less than the average premium paid by Missouri drivers of $1,262. The Hartford, Electric, Allied, and MO Farm Bureau would also be considered some of the lowest-priced Kansas City, MO insurance companies.
In the above rates, if you have coverage with MO Farm Bureau and switched to The Hartford, you may see a yearly price reduction of approximately $212. Missouri drivers with Travelers may save as much as $219 a year, and Auto-Owners insureds might reduce prices by as much as $228 a year.
If you want to find out if you’re overpaying, click here to start your custom quote or visit any of the companies below.
Bear in mind that those policy rates are averages for all drivers and vehicles in Missouri and and are not figured with an exact location for seniors. So the car insurance company that can offer the best rates for your situation may not even be in the top 23 companies in the list above. That underscores the importance of why you need to get rate quotes from many companies using your own specific driver information and vehicle.
Careless Kansas City drivers pay higher rates
The obvious way to score cheap auto insurance rates in Missouri for senior citizens is to be a good driver and not have accidents or get tickets. The example below illustrates how violations and accidents drive up insurance costs for each age group. The data is based on a married female driver, full physical damage coverage, $1,000 deductibles, and no discounts are taken into consideration.
The data above shows the average cost of car insurance per year with no accidents and a clean driving record is $864. Receive one speeding ticket and the average cost hikes up to $1,009, an increase of $145 each year. Then include one accident along with the one speeding ticket and the 12-month cost of auto insurance for seniors goes up to an average of $1,405. That’s an increase of $541, or $45 per month, just for not paying attention while driving!
The illustration below illustrates how your deductible choice can increase or decrease insurance costs when searching for cheap insurance for seniors. The prices are based on a married male driver, comp and collision included, and no policy discounts are applied.
In the chart above, a 40-year-old driver could lower their policy premium by $260 a year by increasing from a $100 deductible to a $500 deductible, or save $392 by using a $1,000 deductible. Young drivers, such as the 20-year-old chart data, can cut as much as $866 or more just by using higher deductibles.
When choosing a higher deductible, it is a good idea to have enough funds in savings to allow you to pay the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.
Chances are good that you’re overpaying for Kansas City car insurance
Missouri auto insurance rates are calculated based on many things that may substantially change the price of coverage. Simply getting older, moving to a different location, or having a fender bender can trigger price changes that can now make some companies more affordable than others.
Additionally, companies modify rates without warning in order to offset underwriting gains or losses. Heavy losses may cause rate increases, while less frequent claims can result in more affordable Kansas City car insurance rates.
The chart below shows a variety of companies that have the cheapest car insurance in Kansas City, MO for a 35-year-old female driver with no violations or accidents, and a good credit rating. If we look at prices based on her current risk factors, USAA quotes the most affordable car insurance rates in Kansas City at $793 annually. This is $469 less than the average rate paid by Missouri drivers of $1,262. The Hartford, Electric, Allied, and Auto-Owners also make the list of the best Kansas City, MO auto insurance companies.
Now let’s give the driver in the first chart a claim surcharge, a lower credit rating, and a few traffic violations. Due to the fact that each insurance company has a unique formula for determining rates in each state, comparing rates may result in a different set of affordable Kansas City car insurance companies as shown below.
MO Farm Bureau now has the cheapest car insurance in Kansas City, MO with Farmers, Nationwide, The Hartford, and Cameron Mutual also having competitive pricing. This shows why it is critical to spend some time comparing rates to get the most economical auto insurance rates for seniors.
Insurance rates can be altered by many different factors and can change without notice, so the most economical company the last time you shopped around may now be wasting a lot of money.
How to find economical auto insurance for seniors
The list below summarizes a few thrifty suggestions that can help Missouri drivers locate more affordable coverage.
- Pay lower rates with good credit
- Having too many claims will increase rates substantially
- You will pay more if you get tickets or have at-fault accidents
- Staying accident-free helps keep rates low
- Vehicles with safetly features generally cost less to insure
- Look for cheaper rates once a year by shopping around
That final tip is extraordinarily crucial, as we noted in the prior article. Coverage rates in Kansas City go up and down frequently, so don’t hesitate to change insurance companies if a lower price can be found. Being loyal to a particular company is commendable, but it’s not a great idea if that devotion results in you overpaying a wad of cash every year. It takes less than five minutes to compare rates to find cheaper auto insurance for seniors.
If you aren’t sure which coverage you need and prefer to get some help when trying to find lower insurance rates for senior citizens, the professional agents shown below can help you make a decision which coverages and limits you need. To find a Kansas City insurance agent closest to you, click the button after the list.
Northland Independent Insurance Group
5575 NW Barry Rd – Kansas City, MO 64154 – (816) 587-1826
American Family Insurance – Mike Faeth
110 NW Barry Rd Ste 203 – Kansas City, MO 64155 – (816) 436-6603
Chris Jones Insurance Agency
435 Nichols Rd #200 Kansas City, MO 64112 – Kansas City, MO 64112 – (816) 479-0212