With the Baby Boom generation growing older, there are more retirees on the roads than ever before. Fortunately, senior citizens in their 50s and 60s pay less for car insurance than nearly any other group of people. After 75, a driver’s car insurance begins to increase sharply; the elderly get into almost as many accidents as teenagers, and their rates do sometimes reflect that.

It’s important to choose an insurance company that will fit your needs. In many cases, older people require different things from their company than younger drivers will. By doing some research, you can find an insurance company that will suit your needs without breaking your budget.

Features to Look For in an Insurance Company

Ultimately, the best insurance company will be one that meets your individual needs, which may differ from other people of your age group, gender or geographical location. Generally speaking, though, older drivers often prefer companies with exemplary customer service and are willing to spend more to get it. They may prefer to purchase policies through an agency so that they can have a central point of contact for questions and claims. They may also care less about technological innovations. A few other considerations when purchasing an auto insurance policy as a senior are:

— Decide whether you’d prefer to handle your policy through an agency or if you’d like to manage the policy online.

Some direct-sales insurance companies have begun offering agency support, so you may be able to find an agent for GEICO or Progressive in your area. Just be aware that these are not available in all areas.

— Find a company that will reward you for your safe driving history

If you’ve managed to drive accident-free for many years, you deserve low rates and safe-driver discounts. Most insurance companies offer these, but some will offer better rates than others.

— Consider getting multiple policies with one insurer

Older people usually have a lot more assets to protect than younger drivers. If you have a home, boat, motor home or other property that needs to be insured, consider insuring it all through a single company. it will make it easier to pay your bill each month and will also qualify you for a discount.

— Pick good medical coverage

It’s always a good idea to carry first-party medical coverages on your vehicle, but it becomes more imperative as you age and become less resilient to injury. Even a minor collision could cause long-lasting joint and muscle damage when you’re getting older. It’s a good idea to pay a little extra for good medical coverage on your auto policy.

— Explore Usage-based Insurance

If you’re retired, you probably drive less than you did when you were regularly commuting. You can get a discount on your insurance by explaining your reduced annual mileage and providing odometer readings. If your insurance company offers it, you can also sign up for a usage-based policy that will monitor your driving habits and charge accordingly.

Best Insurance Companies for Seniors

Although all insurance companies will offer affordable rates to senior drivers, some stand out in the marketplace. State Farm, for example, offers hands-on customer support through its agencies. It also offers very competitive rates and an attractive discount to policyholders with multiple types of policies. Allstate also operates through a combination of agency support and 24-hour customer service hotlines, and its accident forgiveness and safe driving rewards programs are both extremely attractive.

One excellent insurance company for seniors is The Hartford. Although it’s not as well-known for auto insurance as other companies, The Hartford is a primary provider of employee benefits such as life insurance. It also provides auto insurance for the popular seniors club, AARP, so club members get a discount on policies. Policies are sold through independent agencies, so you may be able to use the same agent if you’re currently working with an independent agent.

If you don’t already have auto insurance, any of these companies may provide the product and service that you need. If you do have an existing policy, you can negotiate with your insurer to see if you can reduce your rates. Otherwise, it may be time to start shopping for a new insurer. You can comparison shop online or have an independent agent look into policies for you.

Whatever you choose, be sure to take the time to research your options thoroughly before deciding on a company. That will help make sure that you get the coverage and customer service that you need for the price you’re willing to pay.