The cost of car insurance can vary according to your age, driving experience, and typical usage. Make sure you're getting the best deal for your specific situation.
Compare car insurance for seniors
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Best car insurance for seniors
To determine our top picks, we requested quotes from 37 different car insurance brands, using the fictional profiles of various 60-year-old drivers.
The cost of a hire car is covered as standard after insured events.
Youi's quotes for 60-year-olds were among the cheapest, but younger drivers generally paid more. If you're sharing your car, your premium might be pricier.
Youi comprehensive car insurance was selected as the top pick for features because it won the Features award in the 2023 Finder car insurance awards. It won because it offers more features in its standard policy than most other insurers, yet remains comparatively cheap.
Top pick for value: Budget Direct Comprehensive car insurance
Why we selected Budget Direct:
It was winner of Finder's Best Value Car Insurance Award for 2023.
Its Hail Hero service can help you avoid storm and hail damage.
It has a combination of strong benefits, at an affordable price point.
You get 15% off your first year's premium when buying online.
The best value category considers both price and features. If you just want a cheap cover, Bingle was typically cheaper.
We selected Budget Direct as the top pick for value because it won the 2023 Finder car insurance award for value. This means it was rated highly in terms of features and price.
Top pick for price: Bingle Comprehensive car insurance
Why we selected Bingle:
Bingle was the cheapest comprehensive car insurer for 60-year-olds, according to Finder research.
It was also the cheapest car insurer across all ages.
At times, Bingle policies were half the price of other insurers.
In our research, the the average annual quote for a 60-year-old was just $554.
Bingle offers basic, no-frills cover. If you want a strong range of benefits, it's best to look elsewhere.
We selected Bingle as the top pick for price because it was one of the cheapest car insurers for people aged 60, according to our research. In total, over 1,000 quotes were requested from 37 comprehensive car insurance policies - 197 of those were for fictional drivers aged 60. Read more about our car insurance methodology.
Is seniors car insurance different from regular car insurance?
Seniors car insurance isn't any different from regular car insurance. However, some brands do cater predominantly to older drivers, including APIA, Australian Seniors and National Seniors.
This doesn't guarantee those brands will be the best option for you though. Always compare as many car insurance options as you can, not just the ones marketed towards seniors.
Expert quote
The best way to find the right car insurance is by comparing as many policies as you can. Make sure to request quotes first, so you have a clear picture of how much cover will cost. Then, start comparing specific benefits to find the best value for money.
Should I look specifically for seniors car insurance policies?
Car insurance policies specifically designed for older drivers should be considered along with other car insurance brands. They are not guaranteed to be better than a general car insurer, but it's worth taking them into account when choosing your policy.
Insurer
Benefits
APIA Car Insurance
Available if you're over 50 years of age (or your partner is).
Discount if you work less than 37 hours per week (but it doesn't specify what the discount is).
National Seniors
Not-for-profit that does advocacy work for older Australians.
There are some perks if you become a National Seniors Australia member, but you need to pay to join.
Australian Seniors Car Insurance
Anyone can buy a policy.
Save 5% if you're a Seniors Card holder.
Save up to 10% when you buy online and 5% when you exclude drivers under the age of 25.
Tips for paying less for seniors car insurance
Buy online. Some insurers offer decent discounts if you buy your policy online, although this sometimes only applies to your first year's premium.
Consider your driving habits. Some insurers offer cheaper premiums if you maintain a low mileage. If that sounds like you, consider pay as you drive policies.
Increase your excess. Increasing your excess can lower your regular premium. But be aware, this means you'll have a higher amount to pay if you ever have to make a claim.
Compare regularly. Don't stick with your insurer out of habit or loyalty. Compare insurers every year to take advantage of introductory offers and lower premiums.
Bundle your policies. If you have multiple insurance policies, you might be able to get a discount if they're all with the same brand. Just make sure it's cheaper than splitting them.
Why you can trust Finder's car insurance experts
We're free
You pay the same as buying directly from the car insurer. Better still, we regularly run exclusive deals that you won't find on any other site – plus, our tables make it easy to compare policies.
We're experts
Our team of car insurance experts have researched and rated dozens of policies as part of our Finder Awards and published 330+ guides to make it easier for you to compare.
We're independent
Unlike other comparison sites, we're not owned by an insurer. That means our opinions are our own and we work with lots of car insurance brands, making it easier for you to find a good deal.
We're here to help
Since 2014, we've helped 300,000+ people find car insurance by explaining your cover options, simply and clearly. We'll never ask for your number or email. We're here to help you make a decision.
Frequently asked questions
To find the best car insurance policy for your specific situation, compare policies from a range of different providers. Make sure to look at quotes, benefits, and terms and conditions.
Restrictions placed on older drivers vary from state to state. Here's what you can expect in relation to a standard car driving licence:
NSW: A medical assessment for fitness to drive is required annually from age 75. An older driver test is also required if a doctor recommends it. From age 85, an older driver test is required every two years, in addition to the annual medical assessment for fitness.
VIC: There is no requirement to sit an additional test at a particular age.
QLD: Everyone aged 75 and older who holds a Queensland driver licence must carry a current medical certificate for motor vehicle driver form at all times when driving.
WA: Once you reach 80, you must undergo an annual medical assessment before you can renew your driver's licence. Once you reach 85, you may need to undergo an annual Practical Driving Assessment.
SA: There is no requirement to sit an additional test at a particular age.
TAS: There is no requirement to sit an additional test at a particular age.
NT: There is no requirement to sit an additional test at a particular age.
ACT: If you're aged 50, 60, 65 or 70 when you're renewing your licence, you'll need to do an eye test. Licence holders who are 75 or older also need to get annual medical assessments from their doctor
There are often additional licensing requirements if you drive a public vehicle, such as a taxi or bus, or if you drive a different class of vehicle, such as a truck.
If your grandchildren are listed as a nominated driver, or if you have a policy which covers all licensed drivers, then they are covered with similar benefits to you. Check your insurance policy for the exact details as it will vary between different brands.
No, people under the age of 50 can get cover with Australian Seniors, but there is a 5% discount for Senior Card holders.
Nicola Middlemiss is a contributing writer at Finder, with a special interest in personal finance and insurance. Formerly a business and finance journalist, Nicola has written thousands of articles helping Australians better understand insurance and grow their personal wealth. She has contributed to a wide range of publications, including Domain, the Educator, Financy, Fundraising and Philanthropy, Insurance Business, MoneyMag, Mortgage Professional, Yahoo Finance, Your Investment Property, and Wealth Professional. Nicola has a Tier 1 General Insurance (General Advice) certification and a Bachelor's degree from the University of Leeds.
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