AARP, formerly known as the American Association of Retired Persons, is a nonprofit organization that offers a variety of services and benefits to its members—including insurance coverage for auto, home, and life insurance policies. In this article, we’ll look at what types of insurance are offered by AARP, the benefits of choosing an AARP policy, how much it costs, and how to apply for coverage. We’ll also answer some common questions about the organization’s insurance plans and provide some alternatives if you decide that an AARP policy isn’t right for you.
What is AARP Insurance?
AARP is a membership-based organization that provides its members with access to a number of different services and benefits—including discounts on travel, entertainment, dining out, shopping, prescription drugs, health care products and services, and more recently—insurance coverage for auto, home, and life policies through their partnership with The Hartford Financial Services Group Incorporated (HFSGI). Through their partnership with HFSGI they offer three main types of insurance: auto insurance; homeowners & renters insurance; and life insurance policies.
Types Of AARP Insurance
1) Auto Insurance: This type of policy covers damage caused by accidents or other events such as fire or theft as well as liability protection in case someone else is injured in an accident involving your vehicle while you are driving it or if your vehicle causes property damage to another person’s property while you are operating it including legal expenses associated with such claims. It also provides coverage for medical bills in the event that someone else is injured due to an accident involving your vehicle.
2) Homeowners & Renters Insurance: This type of policy provides coverage for your home or rental property in the event of damage caused by events such as fire or theft. It also provides liability protection in case someone is injured on your property due to your negligence. Additionally, it can provide coverage for personal items such as furniture or jewelry that may be stolen from your home or rental property.
3) Life Insurance: This type of policy provides financial protection for your family in the event of your death. It can help pay for funeral expenses or provide income for surviving family members who may be dependent on you financially. It can also be used to pay off existing debts or provide money to cover college tuition costs.
Benefits Of AARP Insurance:
One of the major benefits of choosing an AARP policy is that it provides access to discounts on many different types of services and products. Members can enjoy discounts on travel, entertainment, dining out, shopping, prescription drugs and health care products and services. Additionally, members have access to 24/7 customer service support from experienced agents who can answer any questions about their policy or help them file a claim if needed. Finally, AARP offers competitive rates on all their policies which can help save money on premiums compared to other insurers.
Cost Of AARP Insurance
The cost of an AARP policy will vary depending on the type of coverage you choose as well as other factors such as age and location. However, due to their partnership with HFSGI they are able to offer competitive rates which can help save money compared to other insurers. Additionally, they offer various discounts which can further reduce premiums such as multi-policy discounts if you have multiple policies with them and good driver discounts if you have a clean driving record.
How To Apply For AARP Insurance
Applying for an AARP policy is easy and can be done online through their website or over the phone with one of their experienced agents who can help guide you through the process and answer any questions you may have about the different types of coverage available from them. Once you’ve chosen a policy that meets your needs you’ll be asked to provide information about yourself such as name, address, date of birth etc., as well as details about any vehicles that need to be covered under the policy before being able to complete the application process online or over the phone with one of their agents.
Common Questions About AARP Insurance
Q: Is there a minimum age requirement for applying for an AARP policy?
A: Yes, applicants must be at least 50 years old in order to qualify for an AARP policy.
Q: Is there a maximum age limit?
A: No, there is no maximum age limit so long as applicants meet all other eligibility requirements set out by HFSGI including having a valid driver’s license in order to apply for auto insurance policies.
Q: Are there any additional fees associated with applying for an AARP policy?
A: No additional fees are required when applying for an AARP policy however certain fees may apply depending on the type of coverage chosen such as taxes or fees associated with filing a claim against an existing policy.
Alternatives To AARP Insurance
If you decide that an AARP policy isn’t right for you then there are several alternative options available including traditional insurers such as Allstate or State Farm who offer similar types of coverage but may not offer all the same discounts available through an AARP membership plan. Additionally there are online companies such as Geico who offer competitive rates on auto policies without requiring customers to be members of any particular organization in order to qualify for coverage. Finally there are companies such as USAA who specialize in providing insurance coverage specifically tailored towards military personnel and veterans which could potentially offer lower rates than those available through traditional insurers or organizations like AARP depending on individual circumstances.
Conclusion
AARP offers a variety of services and benefits to its members—including access to competitively priced auto, home & renters insurance policies through their partnership with HFSGI which could potentially save money compared to traditional insurers or other organizations offering similar types of coverage plans. They also offer various discounts which could further reduce premiums making them a viable option when looking into purchasing insurance policies whether it’s just auto coverage or more comprehensive plans that include both home & renters insurance along with life policies too.
