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State Farm is one of the most affordable car insurance companies for seniors, with low average premiums, multiple discounts, good accessibility, and excellent third-party ratings.
We chose State Farm as the best overall car insurance provider for seniors, and the best provider for affordable policies. Based on internal research, State Farm offers some of the cheapest premiums for older drivers. For 67-year-olds, State Farm’s average rate is $880 per year for full coverage insurance, which is about $73 per month.
In addition to its affordable rates, State Farm offers many discounts for senior drivers who want to get an even better deal on their car insurance. You’ll save for doing any of the following:
- Having a clean driving record
- Taking a defensive driving course
- Bundling your policies
- Enrolling in the Drive Safe & Save program
- Having a car with advanced safety features
- Having an anti-theft device in your vehicle
While State Farm stands out for its generous discounts, keep in mind that some are only available in select states. For example, senior drivers in California can take advantage of a mature driver improvement course, but that discount is not offered in most other locations.
In terms of coverage options, State Farm falls short, especially when compared to some of its biggest competitors. There are only a handful of add-on coverages sold, which include:
Another thing to know about State Farm is that coverage is not available everywhere. Currently, seniors can purchase State Farm auto insurance in every state and Washington, D.C., except Massachusetts and Rhode Island.
When it comes to accessibility, State Farm is one of the top providers. It’s easy to purchase car insurance online, and you can manage your policy through the online customer portal or mobile app. You can file and track claims online or through the app, 24/7.
State Farm also has some of the best third-party ratings of any insurance company. It was rated the best car insurance company by J.D. Power for overall customer satisfaction in Florida, New York, and the Northwest region. State Farm was also rated above average for overall claim satisfaction by J.D. Power and has an A++ financial strength rating from AM Best.
Read our full State Farm auto insurance review.
