14:48 16 March 2013
If you’re over 50 years old and if you’ve been driving for quite sometime, you may qualify for specialised car insurance designed for older people.
More and more insurance companies understand that older people are less likely to get in trouble while they are driving due to years of experience. Thus, some companies actually offer incentives for people who are over 50 years old.
If you’re over 50 and you haven’t file a claim for a specific number of years, a lot of insurance companies will be more than happy to give you a discount. You are also most likely to get lower premium if you sign up with the same insurance company as most of them offer loyalty reward programs.
When getting specialised car insurance, make sure that you only get the kind of coverage that you need. Review each policy and take out those coverage that you think are just waste of your money. Also, don’t forget to haggle. Talk to your broker and convince him or her that you’re less likely to make a claim and you’ll most likely to get a discount.
If however, you’re not happy with your current insurance company, go ahead and look for better options. You can do this online. Get quotes from several insurance companies and compare not just their coverage but also their prices.
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