Car insurance deals for over 50s

Thursday, 24 September 2009

There are a number of car insurance companies that provide cover for over 50s, but there are still some straightforward guidelines that should apply to anyone buying car insurance, whether over 50 or not.

Look for the No Claims Discount on offer. The longer period without a claim you’ve got, the lower risk you are perceived to be and the higher discount you should get (to a limit, which is usually 65 per cent).

The safer the place you store your vehicle, the better chance you have of getting a reduced premium. A locked garage is best, but a private driveway or allocated parking space will also help.

Many insurers offer discounts for multiple insurance polices with them. If you have more than one car, that’s a start, but also consider other insurance types, such as Home, Travel, Pets, Life, Critical Illness, etc. Multi-policy discounts are often available.

A higher Voluntary Excess will also help reduce your premium. However, you will have to consider the amount that you will be able to afford if you did need to make an insurance claim.

Security features on your vehicle, such as alarms, immobilisers and tracker systems can all help to reduce premiums.

It is also vital to shop around. Don’t take the first policy on offer from your first communication, however attractive it may sound. Look further and you may find a better deal. Although much can be done online, a telephone call can often give you a ‘matching deal’ that may in fact turn out better for you. Work out what is best for you and your circumstances.

Insurance companies that can off car insurance at beneficial rates for over 50s include: Castle Cover, RIAS, Saga, and others with generous deals are: Aviva, Churchill, directline, Swinton and More Than.

  What's this?