Elderly drivers in the UK are set to see substantial rises in car insurance premiums, with annual bills increasing by hundreds of pounds in 2025, according to motoring experts. New analysis from Quotezone highlights which groups have experienced the steepest increases, with retirees at the top of the list.
The report reveals that drivers who identified as retired with their insurers have seen average annual premiums jump 49%, rising from £492 to £733. This marks a major shift for a group that traditionally enjoyed some of the lowest insurance costs on the road.
Experts at Quotezone noted that insurance premiums for older drivers typically start to escalate around age 70, largely due to increased medical conditions and a higher risk of road incidents. Additionally, older drivers are considered more vulnerable to serious injuries, which contributes to higher insurance costs.
Retired drivers are not the only group affected. Unemployed individuals continue to face some of the highest premiums, with policies averaging £1,265 per year, nearly double the UK average of £664. Other professions seeing notable increases include delivery drivers and company directors.
Quotezone experts also suggested that drivers seeking to reduce premiums could explore legitimate adjustments to their declared job title, provided the information remains accurate.
As car insurance costs rise for older and vulnerable drivers, it’s becoming increasingly important for policyholders to shop around and compare options to find the most competitive coverage.
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