As of: February 26, 2024, 10:55 a.m
By: Lisa Mayerhofer
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Seniors are asked to pay a lot when it comes to car insurance.
(Symbolic photo) © Felix Kästle/dpa
Seniors are asked to pay a lot when it comes to car insurance.
But there are also ways to avoid the surcharges.
A small overview.
Munich – Car insurance becomes more expensive as you get older.
Age is taken into account when it comes to insurance premiums - some age groups cause more accidents than others.
According to the General Association of Insurers (GDV), more accidents can be attributed to older drivers than to middle-aged drivers;
The association refers to the official accident statistics.
“The frequency of claims increases with age,” concludes the GDV.
Car insurance: 80-year-olds pay on average twice as much as 55-year-olds
For seniors, this means they have to dig deeper into their pockets for car insurance.
On average, 80-year-olds pay twice as much as 55-year-olds, reports Stiftung Warentest.
And according to the comparison portal Verivox, 65-year-old insured people pay 16 percent higher premiums compared to drivers ten years younger.
Incidentally, the insurers counter the accusation that this is age discrimination by relying on pure statistics.
An investigation by the financial regulator BaFin from 2020 also confirmed that the age-dependent tariff classification does not constitute impermissible discrimination against older drivers.
Age surcharge for car insurance: How seniors can avoid it
But the affected seniors are not powerless: First, experts like those from the comparison portal Check24 recommend checking your own insurance and, if necessary, switching to a cheaper provider.
The age premiums vary greatly depending on the insurer, according to the portal.
But there is another trick: “In addition to changing insurance, pensioners can avoid the age surcharge if the child insures the car as a so-called second car.
The senior is then reported as the driver.
This saves up to 50 percent on vehicle insurance costs!” writes
Check24
.
According to a calculation by
focus.de,
you save almost half of the insurance costs if your children are registered.
If only the insurance is handled through the children, seniors still save around a third of the costs.
However, the portal also warns that if you ask, you should tell insurers truthfully who drives the car most often - otherwise you may lose your insurance cover.
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Car insurance: what else is possible
But what if you neither want to change your car insurance nor can you involve children?
Then you should at least check the kilometers driven per year and adjust them if possible, writes the Finanztip guide.
Anyone who travels for a long time without an accident can benefit from a discount in a higher no-claims class.
This can at least partially reduce the contribution.