Home Lifestyle Older drivers are seeing the ‘biggest’ car insurance premium increases as costs...

Older drivers are seeing the ‘biggest’ car insurance premium increases as costs rise

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Kate Devine, car insurance expert at MoneySuperMarket said the cost increases were partly down to people returning to their cars as the pandemic begins to ease.

She said: “Following significant drops in average premiums prices at the start of the year, prices might be on the rise as the economy re-opens and more of us return to our cars.

“Regionally, we continue to see big differences in costs with cities like London seeing higher premiums than more rural places such as the South West.

“This is because insurers factor in a driver’s location when pricing policies – so if you’re in a built-up area, you’re perceived as having higher exposure to accident risk.

READ MORE: Spme elderly motorists might be told by the DVLA to ‘stop driving

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