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NewsWhy the Over-50s Should Demand Cheaper Insurance
Why the Over-50s Should Demand Cheaper Insurance

Why the Over-50s Should Demand Cheaper Insurance

Tags: Consumer Action Cost of Living Insurance Sticking Up for FiftyUps
Last updated by Joel Gibson on
Screen Shot 2014-09-30 at 11.50.57 AM
It’s the graph some car insurers don’t want you to see.
The diagram above clearly shows who are the safest drivers on the road – FiftyUps.
Drivers in their 50s, 60s and 70s have fewer accidents, according to a report from the Older Driver Safety Advisory Committee‘s Report to the Queensland Department of Transport, in December 2011.
So why are they being asked to drive less in some states such as Victoria, and why aren’t they all paying less for their car insurance?
As FiftyUp Club CEO and former NRMA Insurance boss David Issa puts it:
“We’re the safest drivers, we follow the road rules, we’re careful with our cars, and we tend to drive less … But unfortunately our loyalty doesn’t get rewarded by most car insurance companies.”
Quite the opposite: most insurance companies use the premiums of over-50s to cross-subsidise more reckless, younger drivers.
That’s why FiftyUp Club members and other drivers over 50 should demand more from their car insurer.
Remember: You need to be prepared to move or you could be taken advantage of. You don’t generally need to wait for your car insurance renewal to arrive before you switch, so if you’re getting a raw deal, vote with your feet – or your wheels.
Make sure you get a reward for being statistically one of the safest drivers on the road.
Originally posted on .

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Why the Over-50s Should Demand Cheaper Insurance

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alexa
alexa from QLD commented:

whats the cheapest car insurance 

mac
mac from VIC commented:

As my date shows I am well over the fifty mark, and I agree that older drivers are better because they are mostly more tolerant than younger ones, and are not always in a hurry to get to their destination 

mac
mac from VIC commented:

As my date shows I am well over the fifty mark, and I agree that older drivers are better because they are mostly more tolerant than younger ones, and are not always in a hurry to get to their destination 

Doris
Doris from NSW commented:

I agree. We should be paying cheaper Insurance. Not get hit with higher premiums, each year. Especially when you have a good record. Things are getting out of hand. It seems that premiums get dearer just for the sake of renewing. 

Barbara
Barbara from QLD commented:

Yes, agree to lower premiums with a good driving record ..... and if you've claimed in the past and it's is not your fault, then that should not be held against you as a driver. Although I own and drive a small car, parking bays at shopping centers are not made for much over a standard size vehicle. I have found injuries to my vehicle that some one has done and left the scene... not made for 4x4 vehicles that's for sure! 

terry
terry from NSW commented:

I aggree but the insurance should include green slips I have never in my 50 years driving have claimed but I'm paying for those who do. 3rd party insurance is a scam & should be looked into . 

Someone
Someone from NSW commented:

should be user pay . If over fifties have a better driver record thats should be rewarded. 

Lynne
Lynne from QLD commented:

Just reading some of the comments made so my comment is. Would you not think that with the excessive premiums we pay for any insurance would you not think we could at least have Australians dealing with our issues and not someone from over seas who do not understand us or our issues and reading a booklet does not cut it. 

John
John from QLD commented:

AMEN! These statistics should be released widely across Australia 

Marian
Marian from QLD commented:

I am insured with Suncorp, when I got my renewal this year the premium had gone up quite considerably, I shopped around for other quotes however they were all high too. I went online to Suncorp and came up with a better deal than my renewal. Go figure. 

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