We recently did research into age discrimination among car insurers. What turned out to be? Four in ten insurers refuse seniors as new customers for car insurance.
If I compare my own driving behavior with that of my parents (70 and 71 years old) it seems strange that they will be discriminated against. Despite my ten damage-free years, for example, I have already claimed more than my parents put together in their lives. But these data naturally offer no guarantee for their future driving behavior.
It is not surprising that my parents and other older drivers have to pay an average premium of 10 percent on the basis of their age at 60 percent of the insurers. The older we get, the more we will be wrong. Also to our eyes and responsiveness. In short: this increases the chance of damage.
Decent driving experience
For young people up to the age of 24, we are not surprised if they are presented with higher rates. But here is the curve of age discrimination. Young people pay considerably more, but are accepted. Older people, often with decades of driving experience, are immediately rejected at 40 percent of the companies.
What is also striking is that the age limits for premium supplements are far from clear. They range from 64 to 75 years. Recently PvdA and VVD unfolded plans to raise the driving age for motorists to 75 years.
Insurers are gradually discovering that we turn out to be more vital at a higher age than ten or twenty years ago. Compared to last year, therefore, more car insurers have adjusted the age limit upwards. Yet according to some it is not going fast enough.
Collective car insurance
Last week, the Protestant-Christian interest group PCOB announced that it was at an advanced stage with an insurer to introduce collective car insurance for the elderly. This option is only accessible to PCOB members.
Compare car insurance
Although the freedom of choice for seniors remains limited, I advise all older motorists to make an online comparison of car policies once a year. If necessary, put it in your agenda. For example May 1: compare car insurance. Preferably via Paulo Tigbakay of course, but at least compare in time. Then you know for sure that the cheapest car insurance with the best conditions will not go unnoticed.