Car insurance for over 60s

There are several factors that affect the price you pay for car insurance, such as:

Your age and experience

Drivers in their 60s usually have more experience on the road than younger drivers, and this means that they're statistically less likely to get into accidents and make claims.

Your occupation

Working a job that's considered high risk, or one that requires you to be driving a lot, can increase your costs. If you're retired, this can reduce your insurance costs, especially if you find that you're driving fewer miles once retired. On average, retired drivers paid £597⁽²⁾.

Where you live

Your postcode influences your risk of making a claim. Living in a rural area with low rates of vehicle theft tends to be less risky than built-up areas, for example.

The car you drive

Insurers split cars into car insurance groups. These range from 1-50 and the higher the group, the more expensive your car might be to insure. Modifications your car has can also make your insurance more expensive. As can its tranmission type, with automatic car insurance costing more on average than manual insurance. Apadtations disabled drivers may have made to their car to improve accessibility, like the addition of wheelchair ramps, can also affect what you pay.

Your no-claims bonus

Drivers in their 60s tend to have had more years on the road to build up their no-claims bonus. The longer you've gone without claiming on your car insurance, the bigger your no-claims bonus is.

Your driving convictions history

If you have any convictions for things like speeding or drink-driving, your insurance costs are likely to be higher.

_{²Confused.com data April - June 2025.}

Accurately estimate your mileage

If you’re over 60 or have retired, you may be driving fewer miles than you used to. The lower your estimated mileage, the more your could save, so try to be as accurate as you can. Make sure you don't underestimate your mileage though, as this could invalidate your policy.

Make sure your occupation is correct

Insurers use your job title to help calculate the cost of your insurance. So make sure you choose ‘retired’ – if that applies to you – instead of ‘unemployed’.

You should also remember to let your insurer know if you retire during your policy.

Pay annually rather than monthly

Paying for your insurance in one go can help cut your costs, if you can afford to do it. Insurers normally add fees and interest to monthly payments.

Avoid auto-renewal

Comparing quotes, rather than letting your policy auto-renew, can often pay off if you find a better deal elsewhere. Remember, it's compulsory for insurers to show you how much you paid for your policy the previous year. This makes it easier to work out if you’re paying more or less to renew.

Our data suggests that the best time to buy a new policy is about 3 weeks before your renewal date².

Consider a telematics policy.

These types of policies, otherwise known as black box policies, are often aimed at young drivers who have less experience on the road, but they could also be worth considering if you're over 60. If you have a low annual mileage, you might find an even better deal with a pay-per-mile black box policy than a traditional car insurance policy.

Find out more ways to cut the cost of your car insurance.

_{²Confused.com data April - June 2025.}