A recent experience of a Which? Money member has highlighted the issue of car insurance age limits in the UK. The member, who wishes to remain anonymous, was unable to renew their policy with Age Co, provided by Ageas, due to a one-day delay in making the payment. They were subsequently informed that they were too old to be insured with LV, which had taken over the provider.
Dean Sobers, Which? Money expert, stated that insurers can set their own age limits, but some are much higher than others. He noted that LV's maximum age limit for new customers is 85, while renewing customers can apply until the age of 110. Sobers explained that Which? Money does not factor age limits into its endorsements, as it wants to inform readers about policies and insurers that are highly rated, regardless of age limits.
However, Sobers recommended that drivers who are over 50 and need a policy covering them and their partner should explore their options. He suggested checking the maximum age limit before purchasing a policy and looking for providers that offer higher maximum ages. Around a third of providers reviewed by Which? Money offer higher maximum ages than LV, including Saga, which offered the highest-scoring policies in the analysis.
Which? Money has listed insurers' maximum ages in its guide for car insurance for the over 50s. The guide provides a useful resource for drivers who are looking for suitable policies. Sobers also stressed the importance of seeking advice from a Which? Money expert, who can provide guidance on finding the right policy and navigating the complex world of car insurance.
What this means for you: If you're over 50 and struggling to find a car insurance policy that covers you and your partner, it's worth exploring your options. Checking the maximum age limit before purchasing a policy and looking for providers that offer higher maximum ages can help you find a suitable policy.