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Senior DriverAs you get older, your needs change. You may not need a large house anymore. You may be thinking about no longer maintaining as many vehicles as you did while raising children. You may even plan to move to a home on the coastline. When these changes occur, it’s important to consider the changes in your insurance needs. For example, many seniors change their driving habits as they get older. Your auto insurance should reflect your current needs and risks. What should you consider?

As long as you own and operate a vehicle (or you own and someone else operates your vehicle) you need to have car insurance. It’s what protects the value of your car and, in most cases, makes it legal for you to drive. But, how much coverage do you need? There are a few key things to keep in mind when making that decision.

  1. Is your car's value still high? If your car's value is no longer what it used to be and you do not have a loan on it, you may be able to reduce the amount of property coverage you maintain. In some cases, especially with low-value vehicles that do not get much use, it can be beneficial to reduce your auto insurance to just liability protection. Only make this move if you feel you can replace your car if it is a total wreck.

  2. How much are you driving? Many insurance companies establish rates based on the number of miles you estimate you drive each year. If you only go out a few times a week, you may be able to reduce your coverage (and therefore, the cost of your policy).

In addition to reducing coverage, many seniors may qualify for additional benefits. For example, taking a defensive driving course can help you to reduce your rates. Installing a security system or anti-lock brakes can also help.

Don't assume you have to stay with the same auto insurance provider either. It may be time to evaluate your current car insurance plan to determine if it’s still meeting your needs and make changes to it or to shop for a new policy that's a better fit. You may save money and feel safer on the road as a result.

Our agents are here to help. Call Peachstate Insurance at (877) 997-2478 for more information on Macon auto insurance.

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