Property News · July 15, 2017

As car insurance costs rise, the over-65s are urged to switch


Older motorists are the worst hit as costs rise by 8% in just three months. We look at the figures and how to saveWith many drivers seeing big increases in the cost of their car insurance, it’s never been more important to shop around, particularly when they get older. A new analysis by consumer organisation Which?, to be published next week, has found that failing to switch to a cheaper insurer once you hit 65 could cost you as much as £500 a year.Its findings coincide with a series of reports showing that the cost is going through the roof. Average premiums have jumped 8% in just three months, from 1 April-30 June, which is equivalent to a £66 rise, according to the website Confused.com this week. It warns that “there is every possibility prices will be the most expensive on record by the end of the year”. Continue reading…

Source : theguardian.com
Read more…As car insurance costs rise, the over-65s are urged to switch

You may also like...