Informing Seniors -SIBOR-August 3, 2020

4 Tips for Car Insurance — Can Automobile Insurance Companies Deny Seniors Coverage? The simple answer is No. Auto insurance companies can deny coverage for a variety of reasons but not just because you are a senior. The most common reason an applicant is denied coverage is if he/she is considered a high-risk driver. This usually means someone with multiple traffic violations such as a DUI or DWI convictions, and/or numerous at-fault accident claims. However, rather than deny coverage altogether most insurance companies will simply offer coverage at significantly higher rates. Fortunately, unless a senior has exhibited driving behaviors that are considered high risk, it is likely his age will only affect his coverage if he’s unable to meet his state’s medical requirements for obtaining and maintaining a driver’s license.