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Kiplinger
Kiplinger
Business
Rachael Green

You Retired and Stopped Commuting. How Do You Lower Car Insurance Costs?

A mature couple driving down a rural road in a convertible car.

There are many things to celebrate when you reach the milestone of retirement, and one underappreciated blessing is not having to commute anymore. For those who drive to work, this means considerably less wear on your car from sitting in traffic day in and day out.

And does that mean you can cut your insurance bills? Well, yes, cutting your daily commute can be leveraged to trim your premium. But the difference probably isn't as much as you're hoping for — and there are more meaningful changes you can make as you retire that will net better savings.

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