They say that experience is worth its weight in gold. In almost every job in the world, you find that people with more experience are treated with respect. The elderly have certain special rights and they typically enjoy great discounts on a number of things. So, the over 60’s group is treated almost like royalty – everywhere, that is, except on the roads!
People over 60 might enjoy discounts that you and I cannot. But, car insurance is not one of them. In fact, in spite of the fact that your dad or granddad has been driving a car for more number of years than you’ve lived, they are considered to belong to the high risk category the moment they hit their 60’s. Experience and skills notwithstanding. And, if a person has crossed their 80’s, they are considered to be as much prone to risk as teenage drivers!
Due to this, people over 60 find it particularly difficult to get cheap car insurance quotes. In fact, many insurance companies may not be willing to provide coverage to those above 70 years. It is interesting that older women find it even harder than older men to get cheap insurance quotes even though women drivers are generally considered safer than men drivers. It is believed that between elderly men and women of the same age, men tend to be more alert than women who have a tendency to wander off or lose concentration. So, if you are a woman and you are above 60 years old, brace yourself for escalating premiums.
The reason behind this seeming ‘discrimination’ against people over 60 is not hard to find. Insurance companies are interested in one thing only – no recovery. Typically, certain age groups are considered to be safe. Men and women above the age of 25, those holding good jobs, drivers who have a squeaky clean history on the roads are all good bets as far as the insurance company is concerned. So, they are automatically eligible for cheap car insurance quotes. Going by the same logic, it has been observed that elderly folks tend to lose concentration while dealing with rush hour traffic. A split second is all it takes for an accident; and with traffic increasing all the time, the risks are going up.
But, there are some ways in which those over 60 can get cheap insurance quotes.
The easiest way is to go for a no claims insurance coverage. That way, there is less risk for the insurance company and in case of small bumps, the driver can pay for it themselves.
The type of car also matters. A car that is in good shape and has all the necessary safety measures attracts cheap premium.
Another very effective way of attracting cheap car insurance quotes is to make sure that you have a good track record on the roads. Be aware of your age and take a few extra precautions (like walking around the car park space before you drive your car in so you can judge how much space is left). Doing so will allow you to enjoy a great track record. And a great track record helps you avail of cheap car insurance quotes.
