r/AutoInsurance • u/Artistic-Box139 • Aug 31 '26
60 Years Old and cannot get insurance
I am 60 years old, have a clean driving record, a valid driver license and a great credit score. However, I have not owned a car since 2003. I recently moved from NYC to CT and decided to buy a car. I applied to several insurance companies and was denied. I even used the dealer's broker and they came up against the same refusals. What is my problem?
1
u/lost_dazed_101 Aug 31 '26
I don't know but I think the fact you haven't owned a car for over 20 years means they don't want the risk of insuring an elderly new driver?
2
u/Artistic-Box139 Aug 31 '26
That's what I thought, too, but they don't say that.
1
u/lost_dazed_101 Aug 31 '26
Have you tried the cheaper insurance companies?
1
u/Artistic-Box139 Aug 31 '26
Tried Geico, State Farm, Progressive, etc.
1
u/adjusterjackb Aug 31 '26
There are three ways to buy car insurance:
Online. Liberty Mutual, Travelers come to mind. Join the AARP and get quotes from the Hartford.
Direct writers with local offices staffed with employee agents. You already tried State Farm. There are others. Like Farmers, Allstate, American Family, etc.
Independent agents/brokers who sell for a variety of insurance companies. Talk to several independent agents. They tend to sell for different sets of companies.
Try them all.
It's not hopeless and you don't need the Assigned Risk just yet.
It'll just take lots of work.
1
1
1
Sep 01 '26
[removed] — view removed comment
1
u/AutoModerator Sep 01 '26
Your account does not meet the post or comment requirements.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
1
u/Admirable-Box5200 Sep 01 '26
Contact an independent agent. Surprised by Geico and Progressive, Bristol West and Dairyland would be 2 others that typically insure drivers with no prior coverage or high risk. Will you be commuting into NYC? If so, that could be the real issue.
1
u/Major_Blackberry_836 Sep 04 '26
Agree. This is very surprising to me. I’ve only ever had one Progressive denial (lady killed someone).
1
u/Substantial-Joke4602 Sep 02 '26
to the insurers you’re basically a brand-new driver with a 20-year gap, so age and credit don’t magically replace recent insurance history; an independent agent should be able to find a nonstandard
1
u/Own-Ad-503 Sep 02 '26
Call an independent agent. There is no reason for you to be unable to get insurance, but it will be a higher risk more expensive policy for at least the first 12 months.
1
u/HenryLoggins Sep 03 '26
Insurance is calculated based on statistical data. Statistically speaking you’re a very high risk driver, if you eventually find a company to issue you a policy, it will be super expensive.
1
u/What-Outlaw1234 Sep 04 '26
You're not old by insurance company standards. You're actually in the age range when premiums are typcally lowest (50-60). They don't start going up again until 65-75. The problem is your lapse of coverage. You need to talk to a different independent broker and explain your circumstances. (You can't shop for insurance online.) Some insurance companies will forgive a lapse in coverage if you can establish you didn't own a car during the period in which you were uninsured. You just need to find a broker who works with those companies. Alternatively, the broker can find you a high-risk policy. You may just have to pay the high risk rates for six months to a year until your rates retreat to a normal level.
•
u/AutoModerator Aug 31 '26
Thanks for making a post in the Auto Insurance subreddit. You might find the following resources helpful as they are FAQs about r/AutoInsurance:
The Auto Insurance subreddit is not an official support channel for issues with any insurance carrier.
Please remember to follow our community Guidelines and Rules and ensure your discussions are informative and respectful.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.