(800) 253-1482Government-Mandated Auto Insurance Discount for Seniors
Summary: Auto insurance discounts for seniors can significantly reduce premiums, often through government-mandated programs. To qualify, seniors may need to complete specific requirements like defensive driving courses and provide proof of eligibility. In Tennessee, drivers over 55 who complete an approved accident prevention course, can receive a government-mandated auto insurance discount for seniors lasting three years. Seniors can further maximize savings by maintaining a clean driving record, driving safe vehicles, and bundling insurance policies. Estimated Read Time: 2 mins
Auto insurance discounts for seniors reduce premium costs, often mandated by state governments to help ease the financial burden for older drivers. These discounts can range from small percentages to significant reductions and may apply to various coverage types, including liability, collision, and comprehensive insurance. Eligibility and availability will vary depending on where you live. Below, we’re exploring everything you need to know about getting a government-mandated auto insurance discount for seniors looking to save money on coverage.
How to Get a Government-Mandated Auto Insurance Discount for Seniors
To apply for government-mandated auto insurance discounts for seniors, first confirm your eligibility by contacting your insurer or checking their website to see what’s available to policyholders.
Once you prove that you’re eligible, you’ll need to inquire about available discounts, provide necessary documentation, and complete any required defensive driving courses.
An auto insurance senior discount mandated by the government may vary, saving you 10-35% on your policy.
Depending on your coverage, staying with your current provider may yield significant savings, however, switching carriers may also be the cheapest option.
Always compare multiple companies to determine which best suits your needs.
Eligibility in Tennessee
The Volunteer State provides government-mandated auto insurance discounts for seniors to help mature drivers who qualify save on their premiums.
Motor vehicle insurance premiums for drivers over 55 may be reduced, however, only if they complete an approved accident prevention course.
The discount applies for three years from the course completion, with the option to begin at the next renewal.
Drivers must take a course that is at least 8 hours and taught by a certified instructor.
Self-instructed or online courses are not eligible for the discount, though some online options approved by the commissioner may be exceptions.
The policyholder must provide proof of course completion to their insurer.
Certain vehicles, such as those used for commercial purposes, are excluded from this discount.
Maximizing Your Government-Mandated Auto Insurance Discount for Seniors
Enrolling in a government-mandated auto insurance discount for seniors is a great way to save, however, there are more options available to help you maximize how much you save each month.
Keeping a clean driving record, driving a car that has high safety ratings, improving your credit score, and limiting how much you drive each year are all great ways to save.
You can also bundle your home and auto insurance to save on both policies while protecting what matters most.
Finally, always review your auto insurance each year to make sure that you have the lowest rate, the right level of protection, and a carrier that meets your overall needs.
Compare Government-Mandated Auto Insurance Discounts for Seniors in Tennessee
If you qualify for a government-mandated auto insurance discount for seniors in Tennessee, we can help you compare your options.
Find the cheapest Tennessee auto insurance by comparing premiums from top-rated carriers below, or ask an agent by calling the number above to compare discounts and coverage for seniors.
