Auto-Home Insurance: Is Aarp A Reliable Source?

AARP, or the American Association of Retired Persons, is a popular source for auto and home insurance for people over 50. Although not an insurance company itself, AARP connects its members to partner companies for insurance products. AARP auto insurance is offered through The Hartford, while home insurance is provided by The Hartford and Foremost. AARP members can also access insurance for motorcycles, boats, RVs, snowmobiles, and other vehicles.

AARP auto insurance offers a range of benefits, including new car replacement, accident forgiveness, and a disappearing deductible. The program also provides up to $2,500 for household services if the policyholder is injured in a car accident. Additionally, AARP offers a telematics insurance program, TrueLane by The Hartford, which allows safe drivers to qualify for discounts by monitoring their driving.

AARP home insurance, provided by The Hartford and Foremost, offers benefits such as New for Old protection and a disappearing property deductible. Members can also save up to 20% by bundling their home and auto policies.

While AARP insurance can provide robust coverage and discounts for members aged 50 and above, it is important to note that the rates may be higher compared to other providers. It is recommended to shop around and compare rates from different companies to find the best coverage and price.

AARP's car insurance coverage options

AARP auto insurance is provided through The Hartford Group, which has offered plans since 1984. The insurance is available to AARP members who are aged 50 and over, as well as their families.

AARP car insurance offers a range of coverage options, including:

• Bodily injury liability insurance: Covers medical expenses for the other driver in an accident where you are at fault.
• Property damage liability insurance: Covers vehicle damage for the other driver in an accident where you are at fault.
• Uninsured/underinsured motorist coverage: Protects you in the event of an accident with a driver who doesn't have insurance or doesn't have enough insurance.
• Comprehensive insurance: Covers environmental damage to your vehicle, including natural disasters, vandalism, and hitting an animal.
• Collision insurance: Covers vehicle damage in an accident, regardless of who is at fault.
• Medical payments coverage: Covers medical expenses for you and your passengers in an accident.
• Personal injury protection insurance: Covers medical expenses, lost wages, and death benefits for you and your passengers. This is required in no-fault states.

AARP car insurance also offers a range of add-ons, including:

• New car replacement coverage: Provides a replacement car of the same make and model if your new car is totalled.
• RecoverCare coverage: Pays for services such as lawn maintenance and transportation if you are injured in an accident.
• Disappearing deductible: Your collision deductible reduces over time if you maintain a clean driving record.
• Full glass coverage: Covers headlight, mirror, and window repairs with no deductible.
• Car towing coverage: Covers towing and labour charges if your vehicle breaks down.

Pros and cons of AARP car insurance

AARP car insurance is offered through The Hartford and is only available to AARP members over the age of 50. The following is a list of pros and cons of AARP car insurance:

Pros

• Offers new car replacement, accident forgiveness, and a disappearing deductible.
• Offers usage-based car insurance, which allows safe drivers to qualify for a discount by having their driving monitored.
• Offers up to $2,500 to pay for household services if you’re injured in a car accident.
• Offers discounts for hybrid and electric vehicles.
• The Hartford has an A+ financial strength rating from AM Best.
• AARP members get extra benefits along with their auto insurance.
• Allows for bundling of home and auto through The Hartford.
• The Hartford scores well on customer claims satisfaction.

Cons

• Must be an AARP member.
• Drivers under age 50 can’t qualify for AARP coverage.
• Higher than average level of complaints filed with state insurance departments about car insurance.
• If you want pay-per-mile car insurance, you’ll have to look elsewhere.
• Can add some complexity to processes since AARP is not an insurance company but partners with insurers.
• Eligibility limited to AARP members only.

AARP's home insurance coverage options

AARP members can access a range of home insurance benefits. The AARP® Homeowners Insurance Program from The Hartford offers savings and protection for your most valuable asset. You can customize your coverage with benefits and services designed especially for AARP members, including "New for Old" Protection and Disappearing Property Deductible. Plus, you could save up to 20% when you bundle your home and auto policies.

The AARP Mobile Home Insurance Program from Foremost offers a plan for any kind of mobile or manufactured home. AARP members qualify for specialized protection, 24/7 claim service, and a lifetime renewal agreement subject to policy guidelines.

The AARP Renters Insurance Program from The Hartford covers losses from theft, fire, or storm damage. Plus, you can enjoy additional savings when you bundle your renters and auto policies.

The AARP Home Insurance Program from The Hartford is available in 49 states and Washington, D.C. The average cost of homeowners insurance in 2024 is $2,270 per year for a policy with $300,000 in dwelling coverage.

The AARP Home Insurance Program offers a variety of add-on coverage options, including green rebuilding coverage, lock replacement coverage, and scheduled personal property coverage, among others.

Pros and cons of AARP home insurance

AARP, or the American Association of Retired Persons, provides its members with access to The Hartford's homeowners insurance. This option may be beneficial for those seeking extensive coverage options, but it is important to consider the pros and cons before purchasing a policy.

Pros of AARP Home Insurance:

• AARP members can access The Hartford's homeowners insurance, which offers a wide range of add-on coverage options, such as green rebuilding coverage, lock replacement coverage, and scheduled personal property coverage.
• The Hartford's homeowners insurance is available in 49 states and Washington, D.C.
• The insurance offers five ways to save on home insurance policies, including discounts for retirees, home security systems, bundling with auto insurance, being claim-free, and installing fire protection systems.
• The Hartford has a reasonable Bankrate Score of 3.8 for its home insurance offerings, with a perfect score of 5.0 for coverage options.

Cons of AARP Home Insurance:

• The Hartford's homeowners insurance policies are more expensive on average when compared to other providers.
• The insurance is only available to AARP members, which requires an additional membership fee.
• The policies are not issued directly by AARP but through a partnership with The Hartford. This may add some complexity to the process, as AARP is not an insurance company itself.
• The Hartford's customer service for home insurance has been rated as middle-of-the-road, indicating that there may be room for improvement in this area.

In conclusion, while AARP home insurance through The Hartford offers extensive coverage options and is widely available, it comes with higher costs and is restricted to AARP members. It is important for individuals to weigh these pros and cons before making a decision to ensure that the insurance meets their specific needs and preferences.

Discounts on AARP insurance

AARP members can benefit from a range of discounts on auto and home insurance.

Auto Insurance Discounts

AARP members can get exclusive savings of up to 10% off their premium, plus discounts for requesting a quote online or for bundling auto and home policies.

The Hartford also offers a variety of discounts to help AARP car insurance customers with the cost of car insurance, which could make it one of the best cheap car insurance companies for drivers over 50. Discount opportunities include savings for:

• Being an AARP member
• Bundling insurance policies
• Paying in full
• Using TrueLane
• Safe driving
• Fuel type
• Safety features
• Driver training
• Defensive driving

Home Insurance Discounts

The Hartford offers a variety of discounts for AARP home insurance buyers to help policyholders with home insurance costs. Discount opportunities include:

• Retiree discount
• Home security
• Bundling
• Claim-free
• Fire protection

Frequently asked questions