Why is car insurance so expensive for seniors?

My mom, who is 80, is trying to get better insurance rates, but it seems impossible. She has a clean driving record. Why are insurance rates so expensive?

Answer
“Because seniors are more prone to accidents due to slower reflexes, loss of vision, or other changes that happen as a result of age, they are statistically more risky to insure than their middle-aged counterparts.
Car insurance uses this statistical data to help calculate risk for drivers and establish rates based on these risks.
Higher rates don’t mean your mom is a bad driver, but that she is a part of a higher-risk demographic. Unfortunately, statistics are working against her.
If you want to help her find better insurance rates, you can use a smart comparison tool like Jerry to compare rates for seniors across providers. Jerry will deliver the best deals to your phone in minutes, and they’ll even transfer your mom’s information to her new policy.”
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Sophie Newman
Answered on Aug 11, 2021
Sophie Newman is a writer from California. Her hobbies include brewing her own kombucha, riding horses, and taking long road trips.
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