Quote Me Happy Home Insurance

In general, most insurance products get cheaper as you age. In the case of home insurance for over 80s for example, the risk to the insurance provider is reduced. This is based on empirical evidence in terms of the number and size of claims made by senior age groups. Those of us that fall into these categories are more likely to be retired and spend more time at home and be more security conscious. All these factors help to reduce the risk of burglary and claims. So expect your home insurance premiums to reduce as you reach the following milestones of life: over 50, over 60’s, over 70 or over 80’s and beyond. 

Over 80’s motorhome insurance and car insurance for over 80s, as ageing in these cases can increase the risk to the insurance provider. As we age, our reaction times reduce, and many of us will also suffer from failing eyesight; these and other factors increase the likelihood of a claim, which may be reflected in higher car insurance premiums.