Are you driving less?
Now that you’re retired and don’t have a commute, you may be driving less. Talk with your insurer about the potential to reduce your premium.
Should you give up one of your cars?
Does your household have more than one car? With at least one of you not working, paring down to just one could decrease your policy premium — not to mention the amount you spend on gas and maintenance. However, now that you have more free time, you may still need to have your own vehicle for errands, volunteering or visiting with friends. In addition, before you give up a car, consider the savings associated with the multicar discount.