Over 70s car insurance guide

· 4 min read

Getting car insurance when you're older doesn't have to be a headache - or more expensive. Learn how to get the best deal on over 70s car insurance with this comprehensive guide.


Over 70s car insurance: FAQs

  • Do over 70s pay more for car insurance?

    Sometimes. If you drive a fast car or your driving record isn't great, you can pay more. However, for the most part, people in their 70s tend to pay less. You may also be charged more if the insurer thinks you're more likely to be involved in an accident. Some car insurance companies charge over 70s more because they're more likely to be injured in a minor accident. 

  • Does car insurance go up at 80?

    Not always. Car insurance tends to get even cheaper the older you become. Most drivers over 80 will pay less than those who are aged between 30 and 70.

  • Can I be refused car insurance because of my age?

    It depends. It's illegal for a car insurance company to discriminate against you because of your age. As soon as you turn 70 years of age, you will need to renew your driving licence. Every driver of this age needs to do this. 

    The DVLA needs to know that you are safe behind the wheel. If you have a medical condition that could affect your driving, you may not be allowed to drive again. Try not to worry too much about this. It's unlikely that you have an unknown condition that could prevent you from driving. 

  • Do you pay more for car insurance if you are over 80?

    Occasionally. People aged 80 or over tend to pay less than young drivers. If you don't have any no-claims bonus, you could end up paying more. Another factor that could affect your insurance premium is your slower reactions. While your reactions may not be slow, insurance companies often want to compensate for them. Therefore, your premium may be slightly higher than it was in your 60s or even 70s.

If you're searching for car insurance, it could cost less than you think. Searching for suitable car insurance may seem like a lot of work, but it can potentially save you money. Did you know you may save even more if you have a good driving record? So it's always worth searching because you could save more than you think. 

Do older drivers pay more?

Not always. If you are eligible for a no claims discount and have a good driving record, you might not pay more. In addition to this, if your annual mileage is low and you have a black box added to your car, you could pay even less. 

Car insurance providers tend to charge older drivers less anyway. This is because we are more experienced drivers and tend to take fewer risks.

Older drivers who would like comprehensive car insurance could pay more. Cover such as this can include: 

  • Breakdown cover
  • Windscreen cover
  • Legal expenses
  • A courtesy car
  • No claims bonus protection

Many drivers that have all these options also have peace of mind.

Put as much effort into finding the right car insurance as you would searching for the right home insurance or any other type of cover.

Things older drivers need to consider

When you reach 70, your driving licence expires. The DVLA insists that anyone who wishes to continue driving when they reach 70 renews their licence. The DVLA wants to make sure that you are still safe to drive your car. Do not worry; many motorists can still get behind the wheel. The DVLA simply wants to check you have no health concerns that could affect your driving. 

If it is found that your health could affect your passengers or other drivers, they may not renew your licence. Try not to worry too much about this. Most drivers who have medical conditions are already aware that they need close monitoring. 

What to read next...

Where can older drivers find car insurance quotes?

70-year-olds and even older people can find insurance premium quotes online. Comparison websites can provide a range of competitive quotes for older drivers. There are even some insurance providers that exclusively cater to over 60s. Their motor insurance premiums can offer legal protection, a comprehensive policy, a courtesy car, and other optional extras. Many well-known insurance providers offer similar policies. However, their levels of cover might not be the same. 

Most comparison websites will direct you to the best car insurance company for your needs but remember that the cheapest quote won't always be the best.

Medical conditions and over 70s car insurance

You must, by law, tell the DVLA if you have a medical condition that could affect your driving. As you're now in an age group that's potentially more prone to medical conditions, your health is of concern. 

Medical conditions that could affect how safe you are on the road include:

  • Cancers (when they're quite severe)
  • Dementia
  • Diabetes
  • Epilepsy
  • Neurological conditions such as multiple sclerosis
  • Parkinson's disease
  • Strokes (when they're quite severe)

When you inform the DVLA of your medical condition, you might not automatically be banned from driving. However, you may be asked to attend a medical examination. The examination will take place to assess your condition and how it affects your driving. 

What to read next...

Younger drivers with similar conditions may also be asked to attend a medical examination. Once the examination is over, the DVLA will let you know how long you'll need to wait for the result. 

Can over 50s, 60s and 70s get cheap car insurance?

Yes. Most older drivers can get cheap car insurance. Drivers who have more experience on the road are deemed to be relatively safe drivers. Their driving history is usually more extensive than younger drivers, and they tend to take fewer risks. 

When searching for a reputable insurer, you should:

What to read next...
  • Ensure the company you opt for is regulated by the Financial Conduct Authority (FCA).
  • Ensure that the company's trading name is registered and they offer you the financial services you need. For example, they offer you the chance to spread the cost over a year, should you wish to. 
  • Make sure you correctly enter your car's details. There are certain types of cars that can increase your insurance premium. Fast and very old cars may be more expensive to insure. If you're buying a new car, check the insurance group before purchase so you can get an idea of what the insurance will likely cost.
  • If you're already with the insurance company you've found, have your insurance policy or reference number ready. They will need it if you wish to make a change to your policy.
  • You will also need to have your registration number to hand, along with your full name, address, date of birth, and the details of any claims you have made. Make sure you also have your driving license with you. Click here to learn more from our earlier article. 
Rachel Birchwood
Rachel Birchwood
Rachel has been writing for Pension Times since 2021, and is an expert on all things insurance and budgeting. Rachel happily lives in North Yorkshire with her much-beloved and her cat, Daisy.
The content on pensiontimes.co.uk is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial advisor. Any references to products, offers, rates and services from third parties advertised are served by those third parties and are subject to change. We may have financial relationships with some of the companies mentioned on this website. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors