mobile-navigation Skip to content


Click to Call
Laine Insurance

3581 Oneal Ave.,
Pueblo, CO 81005

Get Directions
Laine Insurance Blog

Auto Insurance and the Senior Driver

House Bill 4611 could raise auto insurance rates for senior drivers. This measure would limit factors that auto insurers can use to set rates that didn’t advance. This bill may never leave the committee, as many on the committee believe the bill to be unfair. It may well be. However, there are some things that senior drivers may want to know about auto insurance. Seniors who have been driving for a while may think they know all they need to know. However, there are a few new tricks the old dog needs to know. 

Why the Rates are Suddenly Higher

It isn’t simply inflation. As skills decline with age, car insurance costs rise due to the elevated risk they pose. The average yearly cost for auto insurance for seniors is $2150 per year. Because of this, the senior driver may find it prudent to shop around for more affordable rates. A safe driving record will result in less expensive auto insurance rates. You may want to look into low-mileage discounts if you don’t drive around much anymore. In any case, keeping in good physical and mental condition as you age is a good idea so that your driving skills stay optimal. 

Laine Insurance Serving Colorado

If you live in Colorado, you know that driving conditions are challenging in the best times. No matter your age, auto insurance is a must in this state, and we at Laine Insurance are dedicated to helping our clients find the policy that best suits their needs. 

What will happen if I have a lapse in auto insurance coverage in Colorado?

Carrying auto insurance is a necessity for any car owner in the state of Colorado. Not only is this required by law, but it also offers ideal coverage that can prove to be quite helpful in some situations. While you may have insurance today, there will come a time when the policy expires. When this happens, it is very important that you either renew it or enter into a new policy. A variety of negative outcomes could occur if you do have a lapse in this insurance. 

Face Punishment

One challenge that could arise if you have a lapse in coverage is that you can face punishment. Those in this state are required by law to carry auto insurance. If you do not have the minimum level of insurance, you can face various penalties including fines and even loss of driving rights. Further, you may find yourself in default on a car loan agreement. 

Lose Coverage

With a lapse in coverage, you will also lose coverage in your insurance. An auto insurance plan can be designed to protect both you and your vehicle. In many situations, this offers very helpful financial protection. If you do not have the right insurance due to a lapse, you can lose your coverage entirely. This could require you to cover such costs out of pocket. 

Consult With Us

If you do not continue to carry a full auto insurance plan in Colorado, there are a variety of potential negative outcomes. Because of this, you should always ensure you are current with your insurance. When you are looking for a new plan, you can call our team at Laine Insurance. At Laine Insurance, we will always work hard to ensure you choose an auto plan that is right for your situation. 

Do I Need a License to Get Auto Insurance?

Many people in Colorado think they have to have a valid driver’s license to get auto insurance. This isn’t necessarily true. Some insurance agencies do provide coverage options for those without a license.

Keep reading to learn about getting insurance without a license or contact Laine Insurance today. 

Listing Yourself as an Excluded Driver

The key to getting auto insurance without a license is to buy a policy with yourself listed as an excluded driver. Since you will not be insured if you drive the automobile and get into an accident, the insurance company’s risk is reduced. You should know, though, since you’re listed as an excluded driver, law enforcement will treat you as if you have no insurance in the event you are pulled over while driving; this can lead to hefty fines. 

Add a Licensed Co-Owner

If you can’t find an agency that will sell insurance to you without a license, you may want to consider adding a licensed driver as a co-owner on the car’s registration. You can then put the insurance policy in the co-owner’s name. A spouse, family member, or friend who often uses the automobile might be a good choice.

Get Parked Car Insurance

All vehicles must be insured, even if they’re parked for the entirety of the year. Fortunately, though, you can get parked car insurance at a reduced price to protect the car from damage and theft. Some insurance companies require you to show proof of license to get this type of insurance, while many don’t.

Don’t Be Without Auto Insurance

Here at Laine Insurance in Colorado, we specialize in helping people just like you find auto insurance. Contact us today to learn about your coverage options.