Elderly drivers warned of car insurance nightmare as prices spike

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Older drivers are facing substantial increases in car insurance costs, with the price jumping 54 per cent year-on-year.

The typical car insurance premium cost for a driver aged between 45 and 54 years old was £551 in September 2023.


This represents a staggering 55 per cent or £195 increase compared to the same month last year.

Drivers between 55 and 79 are also seeing massive rises of 54 per cent year-on-year, while drivers over 80 are facing an increase of £222 to £645.

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