Elderly drivers are set to notice a massive increase in car insurance bills with hundreds of pounds slapped onto annual bills in 2025, according to experts. Fresh analysis from motoring experts at Quotezone has found which job titles have recorded the steepest annual increase, with retirees at the top. 

Individuals who told insurers they were retired have noticed a sharp increase in bills, with prices up almost 50%. The analysis found this group had suffered a  49% year-on-year change with average prices up from £492 to £733 per annum. It means a group of individuals who used to enjoy some of the lowest premiums on the road no longer enjoy the substantial financial benefit.

Experts at Quotezone suggested that older driver premiums normally start to escalate from 70 years of age onwards. The specialists claimed this was likely due to an increase in medical conditions and incidents on the road. 

Meanwhile, they suggested that road users within this age group were more vulnerable to serious injuries than any other. Retired road users were not the only ones to have suffered price increases this year with unemployed individuals also affected. 

These remain the most expensive to insure with policies around £1,265 per year, almost double the UK average of £664 every 12 months. Delivery drivers and company directors are also among the roles set to pay more for coverage in 2025. 

Experts at Quotezone stressed road users looking to cut down on their bills could look at being creative with their job title even, as long as it isn’t a complete lie. 

They said: “As long as the description remains accurate and honest, variations in an individual’s job title could help bring the cost down. For people who are currently unemployed, it might be worth adding another more experienced driver to the policy, just be careful that the main driver indicated is actually the person who uses the vehicle the most or it could be seen as fronting, which is illegal.”

Experts at DialDirect have explained that prices can rise when road users age as the perceived risk of claiming on a policy goes up.

They said: “Car insurance premiums can begin to rise as you become older as insurance providers typically view elderly drivers as higher-risk individuals. 

“Like the way in which drivers between the age of 17-25 are often charged more for insurance, so are elderly drivers. However, the level of risk attached to different ages will vary for different insurance providers so make sure you shop around for the best deal.”

Highest % change year on year 

• Retired – +49% 
• Unemployed – +22% 
• Delivery driver – +5% 
• Houseperson – +3% 
• Company Director – +1%