Over 50s Car insurance UK – Get The Best Deal As An Older Driver

Over 50s Car insurance UK – Get The Best Deal As An Older Driver

One of the perks of getting older is that your car insurance automatically starts to get cheaper.

As an over-50s driver myself, for the last six or seven years I’ve enjoyed cheap car insurance and even been able to treat myself to sports cars, which probably would have been uninsurable for me as a young man.

So there are some benefits to getting older!

As an older driver, not only are you more experienced, but you also tend to be more sensible.

With all that driving experience under your belt, this is something that car insurance companies selling over 50s insurance will consider, when calculating your premiums.

The Benefits Of Over 50s Car Insurance

So you are really in the driving seat (excuse the pun) when you’re one of the many drivers over 50 and you are looking for car insurance quotes.

There is no better age to get cheap car insurance for older drivers.

Compare Car Insurance Quotes In The UK

Now that you’re in your 50s,  you will have the luxury of quite a large selection of UK insurance companies to choose from.

Providing you haven’t been involved in an accident and had to make a claim recently, or had a driving conviction against you; then you will be able to choose from a superior selection of quotes, from a variety of insurers.

If you want to get a quote today,  why not compare over 50s car insurance now

How Experienced Drivers Can Get The Best Car Insurance

Being an experienced driver in your 50s, will usually guarantee you cheaper car insurance policies.

However, not all over 50s car insurance premiums drop when you hit this age marker.

That’s because there are a variety of factors that can affect how much you pay to insure your car each month, and getting to know some of these factors can help you get a better price.

How The Car You Purchase Will Impact Insurance For The Over 50s

While over 50s car insurance is set lower because of how much experience individuals within this age group tend to have;  these individuals also tend to purchase more expensive vehicles.

It’s the age when many people treat themselves without having to worry too much about the price of car insurance. So the type of car is a factor with most car insurance providers.

Insurance companies need to make sure that they can cover the cost of replacing your vehicle in the event it is stolen or written off, so naturally the more expensive your car is, the higher your premiums or likely to be.

Over 50s Car insurance UK

An Older Car May Get You Cheap Car Insurance

If you are looking to save money on your monthly premiums, you might want to opt for an older model vehicle – sometimes, even one year can make all of the difference.

The moment a new car model comes out, the previous models start to decrease in value, and while this isn’t great for the value of your currently owned vehicle, it is great for your insurance premiums.

Parking Your Vehicle in a Locked Garage Can get A Cheaper Car Insurance Quote

Most people aren’t aware of just how much they can save on over 50s car insurance by simply storing their vehicle in a locked garage over night.

By parking in this sort of location,  the risk that a vehicle will get vandalized or stolen is greatly reduced, and this affects  your premiums.

Many people over 50 own larger properties, which often come with garages, and this automatically lowers the cost of their premiums. Or at the very least, park your car in your driveway.

Furthermore, living in safer UK neighbourhoods tends to affect premiums too.

If you are living in your own home, in a neighbourhood with a low crime rate, you could already be experiencing the benefits of car insurance for over 50s.

Does Being A Loyal Customer Make Car Insurance Cheaper?

I wish I could say this was always the case, but many times it isn’t.

In fact, if you just renew automatically each year, the cost of your car insurance may be pretty high.

Sadly the price of your car insurance renewal rarely goes down, by being loyal to the car insurance company

Car insurance companies do appreciate loyalty, so if you’ve been with a company for decades, you should in theory be enjoying a much lower premium.

I would strongly suggest you negotiate hard with your current car insurer. Tell them you have cheaper quotes elsewhere.

By insuring your home and personal belongings with the same company that offers you your over 50s car insurance, you might just be able to reduce the cost and help to keep the cost of your car insurance lower.

Increasing Your Voluntary Excess Can Reduce Car Insurance Premiums

Increasing your voluntary access, can have a positive effect on the price of your insurance. In the event of a claim, you will pay a little more. However sometimes it’s worth taking that risk. Following an accident, you will have to pay that excess .

Use A Specialist Over 50s Car Insurance

Over 50s car insurance has been tailored made for individuals that fall within this age group, so it might be worthwhile to opt for a specialist over 50s car insurance company. For example companies like Saga, may be able to help you get cheaper car insurance.

Vehicle insurance might be a necessity in this day and age, but that doesn’t mean that over 50s need to pay more than they have to in order to ensure their cars, and when they do their homework, they won’t have to.

It can be hard to figure out how to get the lowest car insurance prices for over fifties, especially if you’re going the same route as everyone one when it comes to comparing premiums.

The trick is to know where to look and how to look for it.

Insurance businesses utilize various facets to determine the cost of the premiums they give, such as national statistics, type of vehicle and also respective motorist profiles according to, as instance, time spent without even submitting a claim.

fifties, with a focus on the best way best to have the best prices and cheapest premiums potential. If you want to make sure you’re not overpaying on your next vehicle, you will want to make sure that you’re paying close attention to what we have to say.

How are car insurance prices for over fifties calculated?

Quite simply, insurance providers offer lower premiums to people they believe to be less inclined to generate a claim – it’s a very straightforward risk and benefit system.

This means that you can use this guide to get the best prices on your next premium.

As a rule of thumb, 17-25 year olds and recently qualified drivers may expect to cover some of the greatest prices available on the marketplace to guarantee their vehicles.

This is because local statistics demonstrate that they, because of demographic, aren’t only more prone than any other to participate in an crash,

but in addition that the injuries they’re involved are very likely to be more serious than those caused by another group.

It is true that a third of deaths on the road are due to 17-25 year olds. This means that older drivers with more experience tend to get much better rates simply because they are safer drivers.

However it isn’t necessarily this cut-and-dry as a result of amount of variables that the insurance companies will take into consideration when calculating the premiums they supply.

Also taken into consideration is the character of the motor being insured – newer and more powerful cars are normally more costly to cover for 2 reasons: first, they’re more inclined to participate in mishaps, and secondly, they’re far more at risk of being pinched.

Following on in the latter, making your car more protected with, by way of instance, immobiliser or steering wheel  locks, may also lower your premiums.

Among the greatest ways for over 50s to reduce prices on their insurance would be to make the most of these no claims bonuses available. By driving attentively for decades, you may always lower your premiums, and this is something which is only possible with experience and age.

For a lady over 50 will I anticipate cheaper insurance than a guy?

Until recent laws introduced by the European Court of Justice, auto insurance was, overall, more economical for girls than it was for guys.

This is because of data showing that men were more at risk of being involved in accidents in fact 92% of most those convicted of traffic related offences are not male.

Nevertheless these new laws, within the EU’s sex directive has prohibited insurance companies from basing their prices on the sex of their policy holder.

So your gender will not affect your car insurance cover anymore. Although this mainly applied to younger drivers

Experienced drivers can get 3-year fixed-price over-50s car insurance.

When it comes to car insurance, many people are intimidated by the negotiating process. However, it’s important to remember that insurance companies are often willing to work with you to find a premium that fits your budget.

One strategy for negotiating your car insurance premium is to shop around and compare rates from multiple providers.

This can give you leverage when negotiating with your current provider, as you can use competing offers to negotiate a better rate. Additionally, consider adjusting your coverage limits, deductible, or other factors that can impact your premium.

Sometimes, even small adjustments can lead to significant savings.

Finally, don’t be afraid to ask for discounts, such as good driver or student discounts, as these can also lower your premium.

By taking a proactive approach and exploring all your options, you can negotiate a car insurance premium that meets your needs and budget.

Car Insurance for Over 50s in UK – Frequently Asked Questions

What is comprehensive car insurance and how does it differ from third party insurance?

Comprehensive car insurance: Car insurance is designed specifically to cover the cost of any damage to your car, as well as the cost of any damage that you might cause to someone else’s car. It provides the best cover, and may include additional benefits such as a courtesy car or replacement car.

Third party insurance: Provides cover for any damage caused to other cars or property but does not cover any damage to your car. This type of insurance is less expensive but may not be enough if you have a valuable car.

How can car insurance be cheaper for over 50s?

Car insurance can be cheaper for over 50s because they are seen as less of a risk by insurers. Statistically, they are less likely to be involved in accidents and make claims.

Additionally, they are often more experienced drivers with a clean driving record, which can also reduce the cost of their car insurance.

What is no claim discount and how does it affect my car insurance?

No claim discount: A no claim discount is a reward given by insurers to policyholders who have not made any claims on their car insurance policy for a certain period of time.

The discount can be up to 75% and can significantly reduce the cost of your car insurance. However, if you make a claim, your no claim discount will be affected and may increase the cost of your car insurance in the future.

What is the uninsured driver promise?

The uninsured driver promise is a feature of some car insurance policies that promises to pay in the event that you are in an accident with an uninsured driver.

It means that you won’t have to pay the excess on your policy or lose your no claim discount, as the insurance company will cover the cost of repairing your car.

What is the upper age limit for car insurance?

The upper age limit for car insurance varies between insurers, but many will offer cover up to the age of 90. However, the cost of car insurance may increase as you get older, especially if you have health issues that may affect your ability to drive safely.

What is the best time to renew my car insurance?

In the UK, the best time to renew car insurance is typically around three weeks before your current policy is due to expire.

This is because it gives you enough time to shop around for the best deals and compare quotes from different providers, while still ensuring that there is no gap in your coverage.

Furthermore, renewing your car insurance with your current provider may not always be the most cost-effective option, and you may be able to save money by switching to a new provider.

However, it’s important to note that you should never let your existing policy expire before renewing, as this can lead to higher premiums and even legal consequences if you are caught driving without insurance.

Ultimately, the best time to renew car insurance is when you have enough time and research to make an informed decision and ensure that you are getting the best coverage for your needs at the most affordable price.

Ensure worry-free travel with a comprehensive insurance checklist tailored for individuals over fifty, offering essential coverage and peace of mind for every journey. Navigate the intricacies of insurance planning with confidence on LifeOver50.


  • Stephen

    Stephen is now retired. He spent 25 years in community welfare and is one of the co-founders of life over 50. He has a keen interest in everything concerning this special age group.....and makes valuable contributions to the site. In his spare time, he enjoys photography, cycling and gardening. Also a keen jazz music lover!

4 thoughts on “Over 50s Car insurance UK – Get The Best Deal As An Older Driver

  1. Thankfully, we’ve been with our company for such a long time that when I had a little fender bender back in June they barely raised my rates. They were able to fix my bumper quickly and I was about to go about my life as normal! I certainly scared myself though, as I hadn’t realized how quickly the man in front of me had stopped! I still feel bad for ruining his license plate and cover.

  2. I’ve been with my insurance company for 15+ years now. I wasn’t aware that there is insurance specifically geared toward those 50 and older, so that’s something I would like to explore. I have considered doing an online comparison of my rate with other providers, just to see whether there’s a way to save a little money. I didn’t realize there was a discount for garages, which are rare where I live, but that’s definitely something to consider if I move in the future. I’m going to be sure to mention that to my mom and brother, since they may also not be aware of it.

  3. yeah, I wasn’t sure if there was insurance especially for over 50s. Its something I must look into. Probably Saga do insurance for people our over fifties age group with a discount. Need to check that out in case i might be able to save a bit! lol

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