One of the benefits of aging is qualifying for senior discounts! From special senior rates at restaurants, to discounts on insurance premiums, seniors can financially benefit from getting older. If you are a senior, (typically this is anyone over the age of 50), you can be eligible for these discounts: Mature Driver Discount Once you reach a specific age, your car insurance company will usually offer you a certain percentage off your premium. Low-Mileage Discount As seniors typically drive less