Older drivers are often the subject of negative stereotypes and judgements. Mostly they focus on the supposed risks they pose by being unfocused, unaware of their surroundings and unable to react fast enough. Yet a lot of this is simply untrue.
After a certain age you do need to prove regularly that you're still fit to drive. But getting older isn't going to slam the brakes on your life on the road.
Does my age affect the cost of car insurance?
As a general rule insurers consider you less likely to be in an accident the older you get. Drivers over the age of 40 who've been driving since 17 are considered to be among the safest. And if you've had years of no claims you'll find many insurers offer a discount on your premium.
Choice of vehicle for older drivers
There are many factors that affect car insurance premiums other than your age, and one of these is the type of car you choose to drive. Every car in the UK is placed into an insurance group. The cars in the lower insurance groups come with lower insurance costs.
So if you're an older, experienced driver with a smaller, lower-powered car you can expect a more affordable premium. Cars that are in the more expensive groups to insure include sports cars and other high-performance vehicles.
Do older drivers cause more accidents?
The Department of Transport defines an older driver as someone aged over 70. Between 2016 and 2021 the most common factor contributing to a fatal or serious collision was 'driver failed to look properly'. This factor involved 30% of older drivers in an accident against 22% of other car drivers.
On the other hand, where being 'careless, reckless or in a hurry' contributed to a fatal or serious collsion, then this type of accident involved 7% of older car drivers and 11% of other drivers.
Legal requirements for older drivers
When you're over the age of 70, you'll need to apply for a licence renewal. The DVLA will send you the necessary form 90 days before you turn 70, or you can apply online. You then have to renew every 3 years.
At each renewal you have to tell the DVLA of any changes to your pre-existing medical conditions. If the DVLA decides you're now too much of a risk to be driving, your licence could be revoked. Failing to reveal the truth could lead to a costly fine and affect your insurance if you had to claim after an accident.
When are you too old to drive?
There were 5.6 million drivers aged over 70 in 2020. So if you drive safely and follow the advice for older drivers, there's no need to worry about handing over your independence and car keys.
Cheaper car insurance for older drivers
If you're retired, no longer commute and are driving less, tell your insurer and they could quote you a lower price at the next renewal. A telematics car tracker (black box device) is another consideration.
Once you reach 80 or higher your insurance may not be as affordable as you'd expect for an experienced driver. However, there are always steps you can take to reduce your premium.
Get in touch if you're looking to buy or renew car insurance and we'll see if we can keep those wheels turning for many more miles to come.
Author: The AA. Published 9 April 2019. Updated 7 August 2024.