Inflated Insurance for Elderly Drivers
It seems pensioners in UK are being penalized for being old by way of inflated car insurance costs and some companies clearly refusing them any policy at all. As people hit 65 years of age, car insurance premiums start soaring and by the time they reach 80 years of age, they may be refused to be covered by many insurance companies.
Elderly motorists in UK are facing a hard time even if they want to compare car insurance quotes from various players. They are unable to find the best deals for their cars and avail fair discounts. Experts of this field are hoping that this unfair practice may be ended only after the new law for anti-discrimination, which will come in force in the year 2012.
Currently, the proposal by the last governing authority to allow insurance companies to use age limits for offering their quotes is undermining the very spirit of the legislation of the country.
These age-based considerations are illogical and unfair to the elder people. Though there is no medical evidence that suggests greater risk associated with drivers of age 65 than those who are 64 or 63. Yet, when a driver touches the age of 65 in UK, his insurance premium rises rapidly. The premiums for them will be next to a double the sum just after two years from their 65th year.
About three fifth of the entire car insurance policies are not available to motorists of age 80 or beyond. These restrictions are forcing many elderly drivers to pay abnormally high premiums because they need a car cover anyways. This problem seems to be a continuing menace among the ageing motorists for other one or two years. This abnormal price hike may be curbed after the new anti-discriminatory law that will be passed not before 2012.
It seems pensioners in UK are being penalized for being old by way of inflated car insurance costs and some companies clearly refusing them any policy at all. As people hit 65 years of age, car insurance premiums start soaring and by the time they reach 80 years of age, they may be refused to be covered by many insurance companies.
Elderly motorists in UK are facing a hard time even if they want to compare car insurance quotes from various players. They are unable to find the best deals for their cars and avail fair discounts. Experts of this field are hoping that this unfair practice may be ended only after the new law for anti-discrimination, which will come in force in the year 2012.
Currently, the proposal by the last governing authority to allow insurance companies to use age limits for offering their quotes is undermining the very spirit of the legislation of the country.
These age-based considerations are illogical and unfair to the elder people. Though there is no medical evidence that suggests greater risk associated with drivers of age 65 than those who are 64 or 63. Yet, when a driver touches the age of 65 in UK, his insurance premium rises rapidly. The premiums for them will be next to a double the sum just after two years from their 65th year.
About three fifth of the entire car insurance policies are not available to motorists of age 80 or beyond. These restrictions are forcing many elderly drivers to pay abnormally high premiums because they need a car cover anyways. This problem seems to be a continuing menace among the ageing motorists for other one or two years. This abnormal price hike may be curbed after the new anti-discriminatory law that will be passed not before 2012.
In other news, new price comparison site, Quotey Quotey is set to launch a TV campaign on our screens starting Monday 16th August 2010! We would like to welcome them to the comparison market.
