If you are 50 years or older, you may have the benefit of saving money on your car insurance policy. Depending on whether you have a good driving history with minimal to no insurance claims, car insurance companies are often willing to give mature drivers a better car insurance rate. By driving carefully for years, you can consistently reduce your insurance premiums, and this is something that is only possible with age and driving experience. Not all insurance companies offer this benefit and it is important to shop around for specialist insurance companies that do.

Why is car insurance different when you are over 50?

In general, individuals who are 50 years and older have more driving experience on the roads. They are often more cautious and careful drivers. Individuals under 30 years of age pay some of the highest prices on the market to insure their cars, this is due to the higher incident rate amongst this age group. In order to benefit from these savings, it is mandatory for mature drivers to declare any medical conditions or disabilities which may affect their driving to their car insurance company before opening a new policy.

How can I save on my car insurance?

The premiums you pay on your car insurance are not only based on age and driving behavior but also on the type and value of the car you drive, the level of coverage you have on your vehicle and whether you would like to add on any optional extras or not. Keeping records of good driving is important for individuals who are 50 and older when enquiring about discounts on your car insurance. Keep and submit your no-claims discount certificate when requesting a quote from an insurance or disqualifications you may have against your name.

Other ways to reduce your premiums when you are over 50 years is to avoid auto-renewal of your insurance plan, determine which optional extras are essential and which are not reduce the mileage that you are going, keeping your car in a safe and secure area (preferably where it is locked in a garage), paying upfront and tweaking your excess rate.

You can then compare quotes across the board to find an insurance policy that suits you and your budget. We independently compare policies from the top companies and give you a quote in less than 5 minutes which takes your age and your driving history into consideration, so that you can receive the benefits you deserve.