Mature Drivers and Car Insurance Premiums

UK car insurance for mature drivers is often provided at a discount to reflect the more experienced and calmer less aggressive nature of older more mature drivers. Motorists aged 50 or over are 69% less likely to place a claim against car insurance coverage than there younger counterparts, and because of this - most UK car insurance companies provide bigger discounted prices when asked to quote for car insurance on drivers over the age of 50. In addition, if you are eligible for the No Claim Discount, you receive an additional 60% off your UK insurance premiums. Most car insurance companies I have asked tend to unofficially suggest that 7 to 9 years is the maximum they will actually discount their premiums against. After that it makes little or no difference. It is always worth asking your current insurance company how many no claims years they are prepared to discount your premium against. It may also be worth thinking about protecting your no claims discount when you do buy, as a claim could see the average driver loose up to three or four years no claims discount.

Remember Most UK insurance providers offer the following full range options for comprehensive cover:-

• Cover for audio equipment that is part of the vehicle
• Legal costs when making a claim is necessary
• Loss or damage resulting from theft or fire
• Free breakdown assistance
• Windscreen, windows, sunroof repairs and replacement claims that don't effect your No Claim discounts!
• Certain pre-approved replacement rental cars when your car is in for repairs after an accident
• Cover for your personal belongings damaged in the car, with extra cover in December (to cover your holiday gifts)

Additionally, one of the greatest features of UK insurance cover is the range of options you can decide to include with your car insurance. You can add legal expenses cover, breakdown cover, and extended car hire options, gap insurance and extended car warranties.

A few things to avoid that will end up costing you more in the long run:-

• Some insurers will offer you the chance to pay by monthly installments
• By paying monthly installments you will end up paying monthly interest charges too
• Some insurance companies will charging you an admin fee if you make changes to your policy
• Try not to cancel your car insurance early even though insurance companies will let you
• They will only refund you a percentage of the original policy back
• This will also affect your no claims bonus and you will have to start the year over again

There are several companies who specialise in providing insurance cover for senior drivers, although that doesn't necessarily mean they will always provide you with the cheapest quote. It is always worth getting a few quotes to compare premiums. Always take the time to shop for your insurance cover and you should find a low rate premium which provides you comprehensive cover.