Wouldn’t life be great if we could just tell you the single best car insurance company that has the best rates for drivers over age 60? It’s not that simple, unfortunately, as there are a whole slew of unknown factors like if you just need liability coverage, whether you are single or married, if you are a man or woman, and the annual mileage you drive, that all impact the price you pay. The content below will cover the best ways to find cheap auto insurance and hopefully give you enough understanding to have a good start in finding the cheapest car insurance.
Trying to buy reasonably-priced auto insurance is not always easy, and finding out which companies have the lowest-priced auto insurance rates for drivers over age 60 will require additional perseverance. Every car insurance company has a proprietary method for determining prices, so first let’s look at the rankings for the auto insurance companies with the overall best prices in Missouri.
We do need to point out that Kansas City auto insurance rates are calculated based on many things that will increase or decrease the cost of your policy. Getting older, buying a newer car, or getting a couple of tickets can trigger changes in premium that can now make some companies more affordable than the competition.
Best Car Insurance Prices for Age 60+
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $648 |
| 2 | The Hartford | $817 |
| 3 | Electric | $849 |
| 4 | Allied | $875 |
| 5 | Auto-Owners | $997 |
| 6 | Travelers | $1,008 |
| 7 | MO Farm Bureau | $1,032 |
| 8 | Farmers | $1,117 |
| 9 | Nationwide | $1,131 |
| 10 | Cameron Mutual | $1,190 |
| 11 | State Farm | $1,234 |
| 12 | American Family | $1,253 |
| 13 | Safe Auto | $1,363 |
| 14 | Safeco | $1,370 |
| 15 | Progressive | $1,382 |
| 16 | GEICO | $1,392 |
| 17 | Shelter | $1,419 |
| 18 | MetLife | $1,473 |
| 19 | California Casualty | $1,483 |
| 20 | Encompass | $1,516 |
| Find Cheaper Rates Go | ||
USAA may have some of the best car insurance rates in Kansas City at around $648 each year. This is $614 less than the average price paid by Missouri drivers of $1,262. The Hartford, Electric, Allied, and Auto-Owners would also make the list of some of the best Kansas City, MO car insurance companies.
In the above example, if you have coverage with Electric and switched to USAA, you could realize yearly savings of in the vicinity of $201. Customers with Allied could save as much as $227 a year, and Auto-Owners policyholders might reduce prices by as much as $349 a year.
If you would like to find cheaper car insurance rates, click here to get quotes or feel free to get quotes from the companies below.
Remember that these policy prices are averages for all types of drivers and the different vehicles they drive and do not factor in an exact vehicle garaging location for drivers over age 60. So the car insurance company that is best suited for you may not even be in the list above. That helps illustrate why you need to compare as many prices as possible using your own individual information.
The type of vehicle you are trying to insure is one of the biggest factors when shopping for low-priced coverage for drivers over age 60. Vehicles with lots of horsepower, a lack of safety features, or a high likelihood of having liability claims will cost more to insure than safer models. The next table showcases car insurance costs for a selection of the cheapest automobiles to buy insurance for.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLT 2WD | $1,192 |
| Honda CR-V EX-L 2WD | $1,217 |
| Honda Accord EX-L 4-Dr Sedan | $1,292 |
| Toyota Prius | $1,320 |
| Ford F-150 XL Regular Cab 4WD | $1,335 |
| Dodge Grand Caravan SE | $1,341 |
| Ford Edge Limited 2WD | $1,385 |
| Toyota Tacoma 2WD | $1,392 |
| Chevrolet Impala LS | $1,385 |
| Ford Focus SE 4-Dr Sedan | $1,390 |
| Volkswagen Jetta SE 2.5 Station Wagon | $1,393 |
| Chevrolet Equinox LT AWD | $1,411 |
| Chevrolet Malibu LS | $1,417 |
| Toyota Camry LE | $1,411 |
| Ford Fusion S 4-Dr Sedan | $1,420 |
| Toyota RAV4 4WD | $1,411 |
| Ford Explorer Limited 2WD | $1,438 |
| Honda Civic VP 4-Dr Sedan | $1,459 |
| Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr | $1,464 |
| Toyota Corolla XLE | $1,484 |
| Get a Custom Quote Go | |
Prices above based on single female driver age 60, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Missouri minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Premium amounts do not factor in Kansas City, MO location which can lower or raise rates significantly.
Looking at the numbers, we can expect makes and models like the Ford Escape, Honda CR-V, Honda Accord, and Toyota Prius should be the most affordable vehicles to insure for older drivers.
Discounts on Kansas City car insurance
Car insurance companies that provide policies for drivers over age 60 may provide policy discounts that may potentially lower prices by 40% or more if you meet specific criteria. A list of auto insurance companies and some of the premium reductions they offer are:
- Farm Bureau includes discounts for 55 and retired, renewal discount, multi-policy, youthful driver, and multi-vehicle.
- State Farm offers discounts including accident-free, anti-theft, driver’s education, safe vehicle, Steer Clear safe driver discount, and passive restraint.
- Progressive discounts include online signing, online quote discount, homeowner, continuous coverage, multi-policy, multi-vehicle, and good student.
- Allstate offers premium reductions for anti-theft, new car, multi-policy, FullPay discount, premier plus, premier discount, and farm vehicle.
- Nationwide may offer discounts for Farm Bureau membership, business or organization, anti-theft, multi-policy, and family plan.
- MetLife may have discounts that include accident-free, claim-free, multi-policy, good driver, good student, and defensive driver.
The diagram below shows the comparison of car insurance rates with and without discounts applied to the premium. The rate quotes are based on a male driver, no claims or violations, Missouri state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with multiple vehicle, defensive driving course, homeowner, safe-driver, marriage, and accident-free discounts applied. When these discounts are applied, the average amount saved each year on auto insurance for drivers over age 60 is 30% or $363.
Rate increases following a ticket or accident
One of the best ways to get affordable auto insurance premiums for older drivers is to drive carefully and avoid accidents and traffic citations. The chart below illustrates how speeding tickets and accidents can drive up insurance costs for different categories of driver ages. The premiums assume a single male driver, full coverage, $100 deductibles, and no discounts are factored in.
In the prior example, the average cost of auto insurance in Kansas City per year with a clean driving record and no accidents is $1,532. Get two speeding tickets and the average cost jumps to $2,033, an increase of $501 each year. Now throw in one accident along with the two speeding tickets and the annual cost of auto insurance for drivers over age 60 increases to an average of $2,532. That’s an increase of $1,000, or $83 per month, just for not driving carefully!
Tips for buying more affordable insurance for drivers over age 60
It’s not impossible to find cheaper rates, and here are some of the recommended thrifty suggestions that can help Missouri drivers buy cheaper car insurance.
- Do not waste money insuring older vehicles for full coverage
- Serious violations like DUI or reckless driving can increase rates dramatically
- Prevent price hikes by avoiding at-fault accidents
- If possible, pay for small claims out-of-pocket
- Increase your physical damage deductibles
- Compare rates and switch if you can find a better deal
That last piece of advice is remarkably important, as we noted in the article above. Rates in Kansas City change frequently, so don’t hesitate to change insurance companies if a lower-cost policy is available. Loyalty to a specific company is fine, but it’s not recommended if it’s costing you a fortune every year. It takes less than five minutes to compare prices and find cheaper car insurance for drivers over age 60.
The Kansas City car insurance agencies listed below can probably help you determine which is the best policy, since lots of people like to get some professional input when buying car insurance for drivers over age 60. It’s not always easy to do it yourself, and getting advice from a licensed agent can give you comfort knowing your coverage gives you sufficient coverage for your assets.
To find a Kansas City insurance agent using an interactive map, click the button at the bottom of the list or click here to compare rates now.
- State Farm: Bret Farrar
6406 E 87th St #103 – Kansas City, MO 64138 – (816) 333-4445 - Brady Crawford – State Farm Insurance Agent
8080 Ward Pkwy Ste 100 – Kansas City, MO 64114 – (816) 333-5853 - State Farm: Bret Ohlhausen
8549 N Church Rd – Kansas City, MO 64157 – (816) 781-4960 - Banuelos Insurance Agency LLC
902 Southwest Blvd – Kansas City, MO 64108 – (816) 994-3600