Car insurers demand significantly higher car insurance premiums from older car owners than from younger ones. However, the older ones also have pluses.
According to calculations by the comparison portal Check65, older motorists over 24 years of age pay up to more than double for their car liability insurance as drivers of around 50 years. One reason for this is probably that older road users cause more static accidents than younger ones.
For example, 65-year-old vehicle owners have to pay an average of 17 percent more for motor vehicle liability insurance than 50-year-olds. At 75, it's 77 percent more; for people over the age of 85, liability cover costs on average more than twice as much as for a 50-year-old (+147 percent). The calculations of the comparison portal assume a constant no-claims class. In reality, the differences in amounts are smaller, as older vehicle owners often have many accident-free years that can be discounted. In addition, there are bonus points due to low mileage and the availability of a secure car parking space.