Senior Car Insurance

If you are over 50 then you should be receiving lower premiums on your car insurance, if you are not then maybe it is time to change to an insurer who will.

Why are mature drivers rewarded with lower premiums?

The answer to this is; statistically drivers between the ages of 50 and 70 are the safest drivers on the road, they have less accidents, and the accidents that do occur, are often less serious than those of the less experienced driver. The more senior drivers who are over 70 also benefit, because although there is a slight increase in the number of accidents, the severity of the accidents, tends to be less. Therefore the insurer will pass on the saving to you, providing you with cheap car insurance.

In addition to this, you are the people with the most experience on the road, and experience is everything, every year that you remain accident free, your premium should go down, so if you are a careful driver with many years no claims discount, then your premium will become even lower, when you reach 50. There are of course other factors that will affect your insurance premiums: the level of cover you have, your yearly mileage, etc.

Where do I go to benefit from these savings?

Most insurers, are willing to pass the savings on to you, however if your insurer is not doing this, and you think you qualify for lower premiums, look into other insurers. There are many that will give you a fast on-line quote, and will be happy to reward you for your years of driving experience. Some insurers even specialize in car insurance for the over 50’s, however we suggest that you look into some of the more general insurers as well to ensure that you get the best quote for you.