Is to shop around and get as many quotes as you can to find the best deal; you can use our comparison to get quotes if you are over 60.
The over 60s is one of the cheapest age groups for car insurance, but there are other things you can do to make sure you get the best possible deal.
Get rewarded for your safe driving
If you been driving sensibly for many years, chances are you will have built up more than five years of no claims which can mean a 75% discount on your car insurance.
Some insurers let you add no claims bonus protection for an extra cost which can keep your discount intact even if you need to claim.
Sometimes it can be cheaper to pay out of your own pocket rather than claiming in order to protect your discount. This guide includes an example of when not claiming and paying yourself could save you money.
Pay upfront in one go
Paying for your car insurance in one yearly payment will usually be much cheaper than making monthly payments.
This is because most insurers add up to 30% interest when you spread your payments over the term of the policy.
For example, if an insurer charges 20% interest on monthly payments:
An annual policy costs £400
Total cost of monthly instalments would be £480
Paying upfront would save you £80
If you cannot afford to pay the whole premium straight away you could use a 0% purchase credit card and spread the cost over the interest free period.
Over 60 car insurance FAQs
Is car insurance cheaper when I am in my 60s?
Is it cheaper to pay annually or monthly?
Paying one payment annually will usually work out cheaper because if you pay monthly you will be charged interest of up to 30%.
Should I protect my no claims bonus?
It could be worth paying to protect your bonus because losing it by making a claim could mean a huge increase in the cost of your cover when you renew.
Do I have to inform my insurer when I retire?
Yes, you should let your insurance company know when any of your personal details change because it could affect your cover, this guide explains how.
Do I need added extras?
Check what comes as standard with your policy before you add extras like breakdown cover. Here is how to work out which extras you might need.
Am I covered to drive in Europe?
Yes, all car insurance policies give you third party cover to drive in Europe. You can usually extend your cover; find out how to add European cover here.
Is there a maximum age for car insurance?
Yes, many insurers will set a maximum age on their policies, from between 70 and 110 years old. Some insurers will offer policies with no maximum age.