Glossary term
Premium
Premium: The price of a policy, per six or twelve months.
Where this term matters
Guides and entries on this site that use the term.
Guide
Average Car Insurance Cost for Seniors by Age
Typical full-coverage and liability premiums at 60, 65, 70, 75 and 80, how they compare with mid-life rates, and what moves them.
Guide
How to Compare Car Insurance as a Senior
A comparison method for older drivers: accurate mileage, fixed coverage, mature-driver and bundling discounts, three to five quotes, and the questions to ask about age factors.
Entry
State Laws on Mature Driver Discounts: Mandatory vs Voluntary Savings
Find out which states legally mandate auto insurance discounts for mature-driver accident prevention courses, and how rules differ in Texas and Florida.
Entry
Pay-Per-Mile vs. Low-Mileage Discounts: What Retirees Should Know
Compare pay-per-mile telematics and flat low-mileage auto insurance discounts for retirees. Learn how tracking works and when switching saves money.
Entry
Car Insurance Liability Limits in Retirement: Protecting Your Assets
Why state minimum auto insurance leaves retirement assets vulnerable, how recent state liability laws change minimums, and how to choose proper limits.