Compare car insurance for over 50s

Is car insurance cheaper for over 50s?

If you’re over 50 you may pay less for your car insurance compared to other age groups. However, there’s always the possibility that you can find over 50s car insurance that may suit your needs and your budget even better. Over 50s may find that their insurance premiums start to go down once they’ve reached that magic age. This is because insurance providers often feel that the over 50 age group are more experienced drivers who may be less likely to make a claim. They are also more likely to have plenty of those all-important no-claims bonuses.

At Mustard, we’re committed to helping you compare car insurance for over 50s so you can find the best deal for you. We work with some of the UK’s leading insurance providers such as Admiral, Axa and Hastings insurance. Why not take a look at our comparisons and see if you can save money today?

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Is car insurance cheaper for the over 50s?

There is no guarantee that car insurance for over 50s will naturally be cheaper. However, on average, over 50s car insurance may cost less than for other age groups. There are no specific reasons as to why this is the case, but insurance providers may feel that drivers over the age of 50 are a little more experienced than younger drivers, and may be less likely to have points on their licence for speeding or other road traffic offences.

They may also have an advantage when it comes to no-claims bonuses. Older drivers may have more years of no-claims than younger drivers, demonstrating that they tend to be more careful drivers and may be less likely to be involved in an accident. In 2022, the Department for Transport released its annual statistics that showed drivers in the 50-69 age bracket were less likely to be involved in UK’s road traffic accidents compared to drivers in younger age brackets. This, combined with the assumption that older drivers are often generally more experienced, can contribute to cheaper car insurance for over 50s motorists.

What are the benefits of over 50s car insurance?

You may find that as well as being cheaper, some insurance providers may include more extras. These can range from simple breakdown cover both at home and abroad to legal and windscreen cover. For older drivers, the excess may also be lower. Again, this is often based on the fact that older drivers may be less likely to put in a claim.

As with other insurance policies, you may be able to choose from a one-off payment that can be cheaper than monthly instalments. Or you can spread the cost through monthly direct debit payments.

What is covered in over 50s car insurance?

The cover you get with your insurance will depend on the type of policy you take out. As with all other age groups, over 50s car insurance is split into three basic types:

• Third-party only – the absolute minimum you need to be able to drive legally on the roads in the UK, third-party only is designed to cover the cost of damage to another person’s property or to compensate them for any injuries sustained.
• Third-party fire and theft – the same as third-party only, but also protects you if your vehicle is stolen or damaged by fire.
• Comprehensive – the highest level of cover you can buy, Comprehensive includes all of the above but importantly, it also covers your own vehicle and may pay out if your car is damaged in an accident

You’ll also find that many policies may offer a host of extras, including:

• Legal cover
• Windscreen cover
• Breakdown cover for both the UK and abroad
• Personal possessions cover (if your vehicle is broken into and personal items are stolen, for example)
• The provision of a courtesy car while your car is being repaired.

Should I use a specialist provider?

There is no reason that over 50s drivers have to buy their insurance from a specialist provider. At Mustard we work with some of the UK’s leading insurance providers, giving us the chance to find some of the best quotes for cheap car insurance our panel of insurance providers have to offer for over 50s motorists.

One of the best ways to find the right insurance for your needs and budget is to compare policies from all types of insurance providers, and not just those who specialise in over 50s drivers.

That’s where Mustard can help. Take a look at our selection of car insurance providers, or go to our Get A Quote section and let us start searching for the best quotes from our panel of insurance providers.

What do I need to get a quote?

You will need to provide some basic information so that mustard.co.uk can source quotes for you to compare. This includes your age, your location, how long you have held your driving licence for, if you have any convictions or previous claims, and if you have any no-claims bonuses. Another consideration is the type of car you drive, as this will determine what insurance group your vehicle falls into. Other factors may affect your quotes, such as whether your vehicle is garaged, and if you have any security features fitted like immobilisers and trackers.

Do I need a medical examination for over 50s car insurance?

Generally, you won’t be asked to provide a medical certificate or take any kind of physical examination to buy over 50s car insurance. However, you must be fit to drive.
There are a number of different medical conditions that can have an effect on your insurance (including whether some insurance providers will be willing to cover you in the first place).

Some of these are known as ‘notifiable conditions’, meaning you must inform DVLA as it could determine whether your licence is renewed or revoked. This applies to all ages and isn’t just aimed at older drivers. Failure to notify DVLA of some health conditions may result in a fine of up to £1,000. For a full list of notifiable conditions, check out the DVLA link here.

Start your search for over 50s car insurance quotes at mustard.co.uk using our instant ‘Get a Quote’ button.