How do I get cheaper car insurance for over 50s?
Decide the level of cover and add-ons that you need. Don’t forget that add-ons can hike up the cost of your insurance. Once you know what you want you can compare different levels of car insurance and choose the option that best suits your needs.
Although comprehensive car insurance offers the highest level of cover, it can work out the cheapest option too.
Some other ways to get cheaper car insurance include:
- Compare over 50s car insurance quotes
- Avoid auto-renewal
- Pay annually, if possible
- Increase your voluntary excess
Compare over 50s car insurance quotes to find the right cover at the best price. It only takes a few minutes and could save you up to £1951.
Avoid auto-renewal, even if you’re a loyal customer. You could see the price of your insurance go up each year, even if you’ve not made a claim. To make sure you’re getting our best deal, compare quotes before your policy is due to renew. Doing this could save you up to £1951.
Our research shows that 3 weeks before your insurance is due is when you’ll usually see the best prices1. If that’s not enough of a reason to compare, we also guarantee to beat your renewal price. And if we don’t, we’ll give you the difference plus £202.
Pay annually if you can afford to as most insurers charge interest on monthly payments. If you have the cash to pay up front, you could save up to 16% on your quote3.
Increase your voluntary excess. If you’re willing to pay a bigger car insurance excess, you could pay less for over 50s car insurance. Just ensure you’ll be able to afford the excess in the event of a claim.
1*Based on data provided by Consumer Intelligence Ltd, www.consumerintelligence.com (May '22) 51% of car insurance customers 50 and over could save £195.81 2Single annual policy only. T&Cs apply. Must be a like-for-like policy. 3Based on Confused.com data Sept 2021 - Feb 2022.
What our expert says:
One of the benefits of turning 50 or over is getting cheaper car insurance deals. Don’t make the mistake of renewing your policy. Shop around and compare quotes – it could be one of the easiest ways to save yourself a lot of money!
Car insurance Product Manager
Need more help?
No, you don’t need a health check to buy insurance when you’re over 50. But you’re required to declare any medical conditions that may affect your driving to the DVLA and your insurer.
Generally, the more driving experience you have, the cheaper your car insurance could be. But other factors might affect your price. If you’ve bought a new car, moved to a new area, or increased your annual mileage you may see your premium change.