Over 50s car insurance - Age is just a number
There are many factors that insurers use when it comes to calculating the price you pay for insurance, and age is just one of them.
The good news is that being an older driver usually means you can benefit from cheaper car insurance than younger less experienced drivers. Our quarterly price index run in collaboration with Towers Watson looks at car insurance prices up and down the country.
Take a look at our most recent price index update to see how much of a factor age may have on insurance prices.
To find out more about how car insurance is calculated, take a look at our guide.
I'm over 70, is there anything else I need to know?
Once you reach 70, by law you must renew your driving licence and then again every three years.
There’s no need to take a test, but your licence must be kept up to date with any medical conditions that may affect your ability to drive safely such as:
- Parkinson’s disease
- Heart conditions
- Some eye conditions
It’s free to renew your licence and you can apply online using the Gov.uk website or by picking up a form from your local post office.
What do I need to get a quote?
If you're aged over 50, finding car insurance shouldn't be a hassle. With the right information at hand, finding a quote should be a matter of minutes away.
Having the following details ready may help speed up the quote process:
- Driving licence and history - Information such as how long you've held your licence, the type of licence and any driving convictions or disqualifications you've collected in the past 5 years
- Details on your car - Knowing the licence plate will help us to find the information we need about your car. You should also make a note of any modifications made to the car
- No claims bonus - If you've built up any no claims bonus, you could be entitled to a discount on the price of your insurance. Whilst typically the maximum number of years insurers take into consideration is 5, some insurers do offer discount on up to 8 years
- Additional drivers - If you'd like to add an additional driver, also have their details ready