Are Over 50 Car Insurance Discounts Real?

We have all seen a lot of marketing that targets people our age. The latest trend seems to come from major car insurance companies, like AARP and The Hartford, who suggest that we will be rewarded for our age, and all of the wisdom and maturity that may be linked to living this long. I have even seen internet ads for Obama car insurance discounts for older people! What we need to know, before rushing off, is how real these ads are. Is this just targeted marketing, or is there really something to it?

One of our sister sites ran this article – over 50 car insurance discounts- to examine that issue. They really could not conclude that there was any particular benefit to using an insurer who marketed to boomers over any other insurer that would offer a car insurance discount for having a long driving record with few accidents and claims.  It is doubtful that a middle aged driver, with recent DUIs, would be able to get cheap premiums. And another middle aged driver, with a long and clean driving record, would probably get a good deal from most insurers.

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Why Write About Auto Insurance For Teenagers?

Why write about auto insurance for teenagers on a website for baby boomers? Well, lots of us still have kids at home, and some of those kids are just turning 16. Sweet 16 has a nice ring, and it often brings a new driver’s license and a set of keys to the family car. Of course, as we look into auto insurance rates for teenagers, we find that our kid may double or triple our nice middle aged premium!

With not just your student’s car insurance, but also your whole family’s auto insurance, and maybe even other policies, it will take forever to call around and compare rates. But you may be able to get the best deal by negotiating with all of your policies. Look at multiple policy discounts.

First, don’t assume that your old car insurance company is giving your family the best break. With multiple car insurance policies, and possibly an auto and homeowners insurance policy discount due, you do have buying power. Shop Around.

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