Reader’s Question:
Why did my car insurance company here in Bloomington, Indiana start increasing my rate after my 55th birthday?
Willie
Bloomington, IN
The main reason why your car insurance provider there in Bloomington, Indiana increased you rate is because of the perceived risk you now posses since you can now be considered a senior citizen driver. Statistics (something that car insurance companies just love to use to justify their rate hikes) have shown that along with teenagers, the aged driving population is shown to be at a higher risk of getting involved in car accidents.
Ever seen that World’s Most Amazing Video showing a car, later found to be driven by a grand mother, literally slamming and totaling a gas stop convenience store? The increased risk is due to the physical effects of aging, such as deteriorating eyesight, lower stamina and slower reflexes making elderly drivers no longer suitable for extended periods of driving.
Try to ask your insurance provider if you can get discounts for exemplary driving record or if you have taken defensive driving classes. Installing additional safety mechanism in your car can also reduce your car insurance rates. You may also consider driving an older vehicle to lessen or eliminate comprehensive insurance coverage. Also see if maybe its time to get a better car insurance provider, as a consumer the important thing to know is that you have options (and remind your provider that they have competition).
Tags: auto insurance premium, auto insurance quotes, car insurance, car insurance company
Filed under: DUI lawyer Indiana
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