Car Insurance - Guides on getting the right car insurace quotes

14th November 2018

by Best Money Saver

According to the DVLA, there are over 20 million over 50s drivers with full driving licenses in 2018. This means that despite having probably driven for a number of years now, the over 50s are still driving in their masses!

One important thing to note however, is that car insurance can dramatically change for over 50s, often for a number of different reasons. There is also an abundance of car insurance providers for over 50s.

Take a look below to see the top five car insurance providers for over 50s.

Over 50s car insurance provider Cover available Policy types Discounts
Aviva ·         Courtesy car

·         Windscreen

·         Comprehensive ·         20% online, no claims and multi car
Direct Line ·         Courtesy car

·         Windscreen

·         Comprehensive

·         Third party, fire and theft

·         No claims and multi car
Admiral ·         Courtesy car

·         Windscreen

·         Comprehensive ·         No claims and multi car
By Miles ·         Courtesy car

·         Windscreen

·         Comprehensive ·         No claims
Insure Daily ·         Short term cover ·         Temporary ·         N/A

 

Aviva

Aviva is one of the industry’s leading insurance providers across a vast range of policies including home, car and pet insurance.

Save up to 20% online

With Aviva car insurance for over 50s, you can save up to 20% when you buy your policy online!

24/7 claims helpline available

If you need to make a claim with Aviva, then you can rest-assured that you’ll always be able to get hold of one of their claims team experts.

Features

  • 5 star rating
  • Uninsured driver promise
  • No claims and multi car discounts
  • Comprehensive policy type
  • 20% off online

Direct Line

Direct Line are yet another immensely popular insurance provider in the industry who provide excellent policies for over 50s.

Types of cover

One of Direct Line’s main selling points is that they offer various types of car insurance cover including comprehensive, third party, fire and theft.

Optional extras

With Direct Line car insurance for over 50s, there are a number of additional extras that you can choose to add to your policy. These include no claims discount, breakdown cover and guaranteed hire car cover.

Features

  • Multi car insurance
  • Black box insurance
  • Comprehensive car insurance
  • Guaranteed car hire
  • No claims discount

Admiral

Admiral has been voted as the ‘Best Car Insurance Provider’ for the 5th year running at the Personal Finance Awards; this just goes to show that they’re an ideal option for your over 50s car insurance!

Incredible benefits

Admiral car insurance can offer many benefits as standard when you take out a policy with them. Enjoy benefits such as windscreen repair, courtesy car and European cover.

Expert and industry-leading providers

Over the last 25 years that Admiral have been operating as a car insurance provider, they have sold over 15 million policies. You can rest-assured that they’ll take of you when taking out your over 50s policy.

Features

  • Voted as ‘Best Car Insurance Provider’
  • 5 star Defaqto rated
  • Excellent customer service
  • 24 hour emergency helpline
  • Windscreen repair and European cover

By Miles

By Miles are one of the most unique car insurance providers in that they provide a pay-by-mile concept for their insurance holders.

Capped mileage costs

One great thing about By Miles is that they offer a mileage cap system whereby if you travel for more than 150 miles in one day, you’ll be capped at that price.

Extra bonuses

By Miles don’t charge you for No Claims Discount; something which a lot of other providers don’t do!

Features

  • 5 star Defaqto rated
  • Capped mileage costs
  • Their own ‘Car Medic’ app
  • Easy to manage
  • No claims discount as standard

Insure Daily

Insure Daily offers temporary car insurance should you need it and covers drivers from age 19 all the way to age 75!

Excellent cover available

With Insure Daily, you’ll be covered for damage to your vehicle as a result of an accident, fire, theft and vandalism as well as plenty of other things.

Easy to use interface

When taking out an over 50s car insurance policy with Insure Daily, you can enjoy the ease of use when it comes to buying online.

Features

  • Online comprehensive cover
  • Cover for age 19 to age 75
  • Temporary car insurance
  • Easy to purchase online
  • Great cover

All the above car insurance providers can help you to find your perfect policy if you’re over 50 and still driving.

What you need to know

When it comes to over 50s car insurance policies, there are a few things to keep in mind.

Is car insurance cheaper for over 50s?

Car insurance is quite often cheaper for over 50s; as you are generally a more experienced driver if you’re over 50, you can often benefit from cheaper car insurance.

Car insurance providers such as Aviva and Admiral may reward you for many years of careful driving with a cheaper car insurance quote.

Will my health affect my insurance policy?

Your health shouldn’t affect your insurance policy too much, but it is imperative to be completely transparent with your insurance provider, as well as the DVLA.

You must make them aware of any existing medical conditions that you have, so that they can assign your insurance policy accordingly. While there are many factors that insurance providers use to calculate your insurance policy price, age is just one of them and it’s not necessarily considered to be the ultimate deciding factor.

Do I need a specific older driver policy?

Although you’re not actually required to choose a specific older driver policy, there are often more benefits to enjoy if you do opt for a specific policy.

Some providers may include policy benefits such as no upper age limits, courtesy cars and emergency driver cover.

How to keep the cost of your insurance down

When it comes to keeping the cost of your car insurance down, there are a number of things you can do to save as much money as possible.

Keep an eye on your mileage

Whenever you go for a new insurance policy, your provider will ask you for your average annual mileage (this is yet another deciding factor in your policy price).

You should set this figure as low as you realistically can, but it’s important to be accurate as if you significantly go over your annual mileage that you stated, you could find that your insurance policy is void.

If you keep an eye on your mileage, and don’t exceed your stated figure too much, then you can find yourself saving money on the cost of your insurance.

Keep your car secure

This may seem like a fairly obvious point to make but keeping your car incredibly secure will cut the cost of your premium for your car insurance.

Keep your car locked at all times, park it in a secure place at night and consider investing in a good security alarm system to deter burglars and vandals.

Pay in full

One way to keep the cost of your insurance down is to pay in full upfront. Oftentimes, you may be charged interest if you pay in instalments over the course of the year, so it’s a good idea to pay upfront to avoid these extra unnecessary charges.

Consider increasing your voluntary excess

On the other hand, increasing your voluntary excess could result in a cheaper monthly premium for your car insurance. However, it’s imperative that you’re still able to pay the compulsory excess set by your insurance provider, as well as your chosen voluntary excess in case you need to make a claim.

Conclusion – over 50s car insurance

There are lots of things to remember when taking out car insurance for over 50s. With so many insurance providers competing for your business, it can be hard to know which one is the best option for you.

Make sure you carry out all the necessary research so that you’re well prepared when it comes to taking out an over 50s car insurance policy.