Compare over 70s car insurance
Driving once you’ve reached your 70th birthday can give you the freedom to enjoy your independence for longer. Make sure you choose the best car insurance for the over 70s, to meet your individual circumstances and to save you money.
Is it still possible to find cheap car insurance over the age of 70?
Although you may find your premiums are higher than they were in your 60s, it's still possible to find great deals on over 70s car insurance.
Statistically, older drivers are less likely to be involved in car accidents than younger motorists aged 17-24, according to Department for Transport data.
This lower risk is typically reflected in car insurance costs. While the average annual car insurance premium for the general public stands at £652^^, by comparison, 50% of over 70s customers could achieve a premium of up to £297**. That’s a significant saving for your extra years of experience.
^^Based on Compare the Market Premium Drivers Report, March 2021.
**50% of over 70s could achieve a quote of up to £297 for their car insurance based on Compare the Market data in November 2020
What should I consider as an over 70s driver?
Driving licence renewal
When you reach 70, your driving licence will automatically expire. Read our simple guide to find out how to renew your driving licence after age 70.
You’ll need to inform the DVLA and your insurance provider if you have any medical conditions. If you don’t declare something that could affect your driving, it might invalidate your policy. You could also be fined up to £1,000, or even face prosecution if you have an accident as a result of your condition.
A medical condition doesn’t automatically mean you’ll be banned from driving, but you may have to take a driving assessment course to prove you’re still a safe driver. It could also increase your car insurance premium.
Advanced driving assessment
Driving today is far more hectic than it used to be. If you feel like you’ve lost some of your confidence, an advanced driving course could give you the reassurance that you’re still a safe driver. Or it could simply help you brush up on your driving skills.
Frequently asked questions
How can I cut the cost of my over 70s car insurance?
There are various ways that you might be able to reduce your car insurance premium:
- Limit your annual mileage. If you’re driving less due to retirement, shorter working hours or any other reason, your lower mileage could help bring your insurance premiums down. Just remember that you must be honest about how many miles you’re driving.
- Buy a car in a lower insurance group. Typically, the higher the group number, the more expensive your insurance will be. Choosing a reliable little runabout could help lower your premiums.
- Increase your voluntary excess. If you've enjoyed years of claim-free driving, it may be worth paying a higher voluntary excess to reduce the overall cost of your insurance. Just make sure you can cover the excess cost, should you need to make a claim.
- Take out a telematics policy. Telematics (black box) insurance could help reduce the cost of your premium.
Do older drivers need a specialist insurance provider?
Although it’s not strictly necessary, you may find that a specialist insurance provider for older drivers offers benefits and options that a standard provider doesn’t.
Specialist policies can include:
- emergency any driver cover – someone else with a full licence could take over driving in the event of a medical emergency.
- courtesy car or ‘get you home’ service – this can get you to where you need to be, if your car is too damaged to drive after an accident.
- message relay service – this service can contact a friend or relative on your behalf, to let them know if you’ve been involved in an accident.
Not all drivers aged over 70 will require specialist cover. It’s worth comparing car insurance from a range of different providers, to find the best quote to suit your circumstances.
Is telematics insurance suitable for older drivers?
Telematics, or black box, technology is most often used to help new and younger drivers save money on their car insurance. But a telematics insurance policy could offer savings for older drivers, too.
The black box refers to a small device fitted to your car, or an app you can download to your smart phone. It monitors how you’re driving, and your insurance provider can use this information to lower your premiums if you’re proven to be a careful driver.
Telematics insurance can be particularly useful for older drivers who don’t use their car very much, as many policies are priced based on mileage. It can also benefit those over 70 who tend not to drive at night, or during rush hour, as that’s when most accidents occur.
What extras could I consider?
You can add various optional extras to your over 70s car insurance if you want to increase your level of protection, but check what comes as standard first. Optional extras could include:
- breakdown cover – if you drive a lot or your car is unreliable, you might want roadside assistance in case you break down.
- legal expenses – this can pay for legal costs resulting from a car insurance claim. It could save you a lot of money if you’re unlucky enough to ever need it.
- courtesy car cover – you’ll be provided a temporary replacement vehicle if your car is written off, or has to undergo repairs. Check to make sure your policy doesn’t already include this.
- personal accident cover – this can protect you and your family if you sustain a serious injury while out and about in your car.
Where can I find over 70s car insurance?
You can find a range of competitive over 70s car insurance quotes right here, at Compare the Market. Shopping around is one of the easiest ways to get a cheaper quote.
Compare car insurance with us today to see if you can get a great deal on your next premium.
How much does over 70s car insurance cost?
50% of over 70s customers could achieve an annual premium of up to
50% of consumers across all age groups could save up to
17.94% of new customers across all ages achieved an average saving of
**50% of over 70s could achieve a quote of up to £297 for their car insurance based on Compare the Market data in November 2020.
***Based on Online independent research by Consumer Intelligence during February 2021, 50% of customers could achieve this saving on their car insurance through Compare the Market.
****17.94% of new car insurance customers achieved an average saving of £539.25 through Compare the Market, according to independent research carried out by Consumer Intelligence during November 2020.
What do I need to get a quote?
To get an over 70s car insurance quote you’ll just need to provide us with your:
- name, age and address
- registration number or model and age of car
- annual mileage
- length of no-claims discount
- details of your driving history including any accidents and motoring convictions
Why use Compare the Market?
We compare prices for more than 132 car insurance products^^
Get a quote in 5 minutes^^^
93.8% of users would recommend Compare the Market to friends or family^^^
^^Correct as of November 2020.
^^^On average it can take less than 5 minutes to complete a car quote through Compare the Market based on data in November 2020.
^^^^For the period 1st September to 30th November 2020, 12,477 people responded to the recommend question. 11,706 responded with a score of 6 or above, therefore 93.8% are likely to recommend.
From the Motor team
What our expert says...
“Car insurance premiums can start to rise for over 70s. It’s worth bearing in mind that the cheapest price may not always give you the level of protection you need. Make sure the policy you take out provides all the cover and extras you require, so you can drive with confidence.”