Over 110 car insurance providers
Written by Michael Foote, Insurance Expert
Finding the right car insurance when you’re over 70 can feel challenging, but there are excellent options available. Many insurers recognise that older drivers often have decades of experience and excellent driving records. This guide explores the best car insurance choices for over 70s in the UK.
Why Car Insurance Changes After 70
Once you reach 70, you’ll notice that insurance companies approach your policy differently. Whilst many over 70s are safe, experienced drivers, insurers consider age as one of many risk factors. You’re required to renew your driving licence every three years after turning 70, and insurers take this into account when calculating premiums.
Top Insurance Options for Over 70s
Specialist Over 70s Insurers
Several insurers specialise in providing cover for older drivers. These companies understand the needs of mature motorists and often offer competitive rates:
- Saga: Perhaps the best-known provider for over-50s, offering tailored policies with additional benefits
- Age Co: Provides specialist cover with features designed for older drivers
- RIAS: Focuses on customers aged 50 and above with competitive premiums
Mainstream Insurers
Don’t overlook traditional insurance companies. Many offer excellent value for over 70s:
- Direct Line: Often competitive for older drivers with clean records
- Aviva: Provides flexible policies suitable for all age groups
- Churchill: Known for reasonable premiums for experienced drivers
Comparison Sites
Using comparison websites can help you find the best deal across multiple providers. These platforms let you compare quotes quickly and efficiently, ensuring you don’t miss out on competitive offers.
Key Features to Look For
Mileage Considerations
If you drive fewer miles annually, look for policies that reward low mileage. Many over 70s use their vehicles less frequently, which can significantly reduce premiums.
Breakdown Cover
Consider policies that include or offer affordable breakdown cover. This provides peace of mind, especially on longer journeys.
Protected No-Claims Bonus
Protecting your no-claims discount means that one accident won’t wipe out years of claim-free driving. This feature is particularly valuable for experienced drivers.
Courtesy Car
Check whether the policy includes a courtesy car if yours is being repaired following an accident. This ensures you remain mobile.
Ways to Reduce Your Premium
Increase Your Voluntary Excess
Agreeing to pay a higher excess can lower your premium, though ensure the amount remains affordable should you need to claim.
Secure Your Vehicle
Installing approved security devices like alarms, immobilisers, or tracking systems can reduce your premium.
Park Safely
Where you park overnight matters. Garaging your car or parking it on a driveway typically costs less to insure than street parking.
Pay Annually
If financially viable, paying your premium annually rather than monthly avoids interest charges and can save you money.
Limit Your Mileage
Be realistic about how many miles you drive. Lower annual mileage often means lower premiums.
Consider a Telematics Policy
Some insurers offer black box or telematics policies for older drivers. These monitor your driving and can reward safe driving habits with lower premiums.
Understanding Your Requirements
Licence Renewal
Remember that you must renew your licence every three years after turning 70. Keep your insurer informed of any licence changes.
Medical Conditions
You’re legally required to inform the DVLA of certain medical conditions. Similarly, you must tell your insurer about any health issues that might affect your driving.
Multiple Drivers
If you’re the main driver but occasionally have others using your vehicle, ensure they’re properly covered. Adding named drivers can sometimes affect your premium either way.
Common Mistakes to Avoid
Auto-Renewal Without Checking
Don’t simply accept your renewal quote. Shop around each year, as loyalty doesn’t always pay with insurance.
Underinsuring Your Vehicle
Ensure your car’s value is accurately reflected in your policy. Undervaluing it might seem like a way to reduce premiums but can cause problems when claiming.
Not Declaring Modifications
Even small modifications must be declared. Failing to do so could invalidate your policy.
Overlooking Excess Charges
Check both compulsory and voluntary excess amounts. Some insurers impose age-related excess charges for older drivers.
Types of Cover Available
Comprehensive Cover
This provides the most extensive protection, covering damage to your vehicle, other vehicles, and injury to other people. Despite being the most complete option, it’s not always the most expensive.
Third Party, Fire and Theft
This covers damage to other vehicles and property, plus theft of or fire damage to your own vehicle. It doesn’t cover accidental damage to your car.
Third Party Only
The minimum legal requirement, this covers damage to other vehicles and injury to other people but nothing for your own vehicle. It’s rarely the cheapest option nowadays.
Getting the Best Quote
Be Accurate With Information
Provide accurate details about your driving history, vehicle usage, and personal circumstances. Incorrect information can invalidate your policy.
Time Your Purchase
Avoid buying on the day your insurance expires. Insurers often charge more for last-minute purchases. Start comparing around three weeks before renewal.
Ask About Discounts
Enquire about available discounts. Some insurers offer reductions for membership of certain organisations, advanced driving courses, or loyalty to other products.
Read Reviews
Check customer reviews and ratings before committing. The cheapest policy isn’t always the best if the claims process is difficult.
Additional Benefits Worth Considering
Legal Expenses Cover
This covers legal costs if you need to pursue a claim following an accident that wasn’t your fault.
Personal Accident Cover
Provides a pay-out if you’re injured in an accident, regardless of fault.
Windscreen Cover
Covers repair or replacement of your windscreen, often with a lower excess than the main policy.
Final Thoughts
Being over 70 doesn’t mean you’ll automatically face sky-high insurance premiums. Many insurers recognise the value of experienced drivers with excellent records. By shopping around, being honest with your information, and considering specialist providers, you can find competitive cover that meets your needs.
Take time to compare different options, read policy documents carefully, and don’t hesitate to ask questions. The right car insurance provides not just legal compliance but genuine peace of mind every time you take to the road.
