Updated April 2026
What Is Full Coverage Insurance?
How Much Does Full Coverage Insurance Cost?
- Age bracket: rates for 65-69 average $135/mo, rising to $145/mo for 70-74, and $160/mo for 75+ as insurers price in higher injury severity and claim frequency
- Vehicle value and age: collision and comprehensive premiums drop as your car depreciates, making Full Coverage on a 2015 sedan about $40/mo cheaper than on a 2022 model
- Deductible selection: raising deductibles from $250 to $1,000 can reduce comprehensive and collision premiums by 20–30%, a smart move if you have emergency savings to cover the higher out-of-pocket cost
- Annual mileage: senior drivers averaging under 7,500 miles/year qualify for low-mileage discounts of 5–15%, and usage-based programs can save an additional 10–20% for safe driving patterns
- Mature driver course completion: AARP Smart Driver or AAA RoadWise courses earn 5–10% discounts in most states, stacking with low-mileage savings
- Credit score impact: in states that allow credit-based insurance scoring, seniors with excellent credit (750+) pay 20–40% less than those with fair credit (650–699), though California, Hawaii, and Massachusetts prohibit this practice
See How Much You Could Save
Get personalized full coverage insurance quotes in minutes.