If you’re preparing for retirement, you’re likely saving all that you can. Why not try saving some of those auto insurance dollars instead of paying needlessly high auto insurance rates?

Auto insurance is an expense that applies to just about anyone who wishes to drive a car, so why not make sure the cost is as affordable as it can be?

If you’re nearing retirement age, you probably don’t want to spend a large part of your savings on premiums for auto coverage. Fortunately for older drivers, there are state-mandated discounts for completing a state-recognized driving course.

According to the AARP website, many states require car insurance discounts to be given for completing a state-approved driving course. Many now approve Internet-based courses, which makes taking the class and getting the discount pretty convenient.

Check with your state or contact your current insurer to see if this auto insurance discount applies to you.

Consider a Driving Course, Discount or Not

There are many benefits of taking classes and really no downside. If you’re over the age of 50, then the car you are driving is probably much different than the one you first learned to drive with.

The traffic laws, roads, and drivers have changed as well. One common focus of these classes is defensive driving techniques, which can come in handy considering how many more motorists are sharing the roads today compared with the past.

Defensive driving techniques that are commonly taught include minimizing the effects of blind spots, maintaining proper distances behind other cars, making safe lane changes, properly using safety features, knowing the effects of medication on driving, and eliminating distractions.

Learning or refining these skills can help you stay safe while behind the wheel and can lead to cheaper car insurance.

Avoiding Auto Accidents Can Save You Money for Years To Come

Avoiding one single accident can save you hundreds of dollars on auto insurance costs for years, especially if the accident would have been your fault. According to the New York State Department of Financial Services website, a first at-fault traffic accident can increase your premiums by up to 40% in that state.

Although it’s a good idea for you to take an educational driving course regardless of whether or not you’ll receive a discount on car insurance, you should do a double check to make sure that the class is approved by the state.

State-approved classes are usually the most educational and beneficial to students, plus it doesn’t hurt to make sure you’ll get that discount. You may want to check with your car insurer for suggestions, too.

• Do I Have Enough Auto Insurance?
• Should You Buy Home and Auto Insurance Endorsements?
• What Empty Nesters Need to Know About Homeowners Insurance

Reviewed October 2024

About the Author

John Pirro writes informative resource pages about state coverage laws and getting the best deal on car insurance at AutoInsurance.com.