Too old for car insurance

22nd May 2008, Comments 0 comments

Recent survey shows car insurance firms refuse to take on older drivers as clients or forced them to pay higher premiums.

22 May 2008

THE NETHERLANDS - A recent survey shows that many car insurers refuse to take on older drivers as clients.

Many older drivers who can find insurance are also being forced to pay higher premiums.

Only 14 of the 42 Dutch insurance companies investigated would sell a policy to older drivers.

The researcher also discovered that 28 companies operate an upper age limit for prospective clients; some draw the line at 64 while others refuse to sell a policy to anybody over 74.

The investigation revealed that clients with a current policy can always remain a client but, if they want to move to another company, it is often not possible. This means older drivers cannot make the most of the competition between insurance companies.

[Radio Netherlands / Expatica]

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