{"id":247375,"date":"2023-12-05T08:49:42","date_gmt":"2023-12-05T08:49:42","guid":{"rendered":"https:\/\/automotobuzz.com\/?p=247375"},"modified":"2023-12-05T08:49:42","modified_gmt":"2023-12-05T08:49:42","slug":"older-drivers-paying-hundreds-more-for-car-insurance-with-costs-to-rise","status":"publish","type":"post","link":"https:\/\/automotobuzz.com\/car-reviews\/older-drivers-paying-hundreds-more-for-car-insurance-with-costs-to-rise\/","title":{"rendered":"Older drivers paying hundreds more for car insurance with costs to rise"},"content":{"rendered":"

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Older drivers could face dramatic car insurance rises with motorists set to pay hundreds of pounds more.<\/p>\n

Insurance premiums have soared in recent years with costs up around \u00a31,000 in some cases.<\/p>\n

Younger drivers are set to be the most affected with prices up almost \u00a32,000 for 17-19-year-olds.<\/p>\n

However, elderly drivers are also set to be impacted in a blow to cash-strapped families during the cost of living crisis.<\/p>\n

Julie Daniels, motor insurance expert at Compare the Market claimed the situation could even get worse.<\/p>\n

READ MORE <\/strong> New older driving licence medical checks may be \u2018ineffective and harmful\u2019\u00a0<\/strong><\/p>\n

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She told GB News: \u201cCompare the Market\u2019s data has shown an increase in the cost of car insurance year-on-year across all age groups.<\/p>\n

\u201cIt is a possibility that insurance premiums could rise further, therefore it\u2019s crucial for drivers to be aware as to when their renewal is coming up so that they allow time beforehand to compare different policies and prices.\u201d<\/p>\n

However, Ms Daniels warned that making a simple change to car insurance renewals could pay off. Data shows that elderly road users were more likely to continue paying their existing provider rather than making the switch.<\/p>\n

But according to the experts, older motorists over the age of 50 could save up to \u00a3159 per annum.<\/p>\n

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