Car Insurance
for the over 80’s

Over 80’s Insurance, Will it cost more?

As you approach or surpass 80 years of age, insuring your car may feel more complex, but it’s important to know that driving later in life can remain both affordable and manageable with the right approach. While some insurers may charge higher premiums for older drivers, there are specific factors to consider and ways to find suitable, cost-effective car insurance tailored to your needs.

Do I Need to Change My Car Insurance at 80?

There is no legal requirement to change your car insurance policy when you turn 80. However, you will need to renew your driving licence every three years once you turn 70, and it’s important to ensure that your licence and health status remain up to date. Many insurers consider older drivers to be a higher risk, so you may notice an increase in premiums, but there are specialised policies and providers that cater to senior drivers.

Factors Affecting Car Insurance for Over 80s

Several factors will influence your car insurance premiums as an older driver:

• Driving Experience: While older drivers have years of driving experience, insurers may still consider reaction times and the potential for health-related issues that could impact driving ability.
• Health Conditions: It’s essential to inform both the DVLA and your insurer of any medical conditions that may affect your ability to drive, such as vision or mobility impairments. Failure to do so could invalidate your policy.
• Mileage: If you are driving less frequently in retirement, opting for a limited mileage policy could reduce your premiums. Many insurers offer discounts for low-mileage drivers.
• Vehicle Type: Choosing a smaller, less powerful car with good safety features can lower your insurance costs.
• No-Claims Bonus: Maintaining a no-claims bonus for several years will help reduce your premiums, even at an older age.

How to Reduce Premiums

There are several strategies to help reduce your car insurance premiums as you age:

• Consider a black box policy: Some insurers offer telematics (black box) insurance, which monitors your driving habits. Safe drivers may benefit from lower premiums.
• Shop around: Don’t accept the first renewal quote. Use comparison websites to find the best deals, including specialised insurers for older drivers.
• Increase voluntary excess: Opting for a higher voluntary excess can reduce your monthly or annual premium, though be sure you can afford it in the event of a claim.
• Improve vehicle security: Installing alarms or immobilisers can reduce premiums by lowering the risk of theft.

Additional Considerations

Ensure that your policy includes breakdown cover and any other benefits that may be important, such as legal cover or courtesy car provision. Consider policies that offer extra support for older drivers, such as home start in case of breakdowns close to home.

Get comparing

Car insurance for the over 80s requires careful consideration of your driving needs, health, and budget. By staying informed, comparing quotes, and being aware of specific factors that affect premiums, you can find the right coverage to keep you safely on the road well into your later years.