"Is it cheaper to insure an older car?Older cars are cheaper to insure than newer cars, all else being equal. An older vehicle is cheaper to insure mainly because older cars are less valuable, so an insurer won't have to pay out as much in the event of a total loss. ... You can drop these parts of your insurance altogether and save money.Jun. 9, 2021Are Older Cars Cheaper to Insure? - WalletHub"

"Is it cheaper to insure an older car?Older cars are cheaper to insure than newer cars, all else being equal. An older vehicle is cheaper to insure mainly because older cars are less valuable, so an insurer won't have to pay out as much in the event of a total loss. ... You can drop these parts of your insurance altogether and save money.Jun. 9, 2021Are Older Cars Cheaper to Insure? - WalletHub"