Car Insurance and Age DiscriminationLast modified:
Do you feel like you are being discriminated against by insurers because of your age? It’s not discrimination, it’s risk assessment.
Under the Equality Act 2010 insurers are not allowed to discriminate against drivers due to their age. They are however allowed to use your age in order to access risk and to calculate costs accordingly. For this reason, depending on the insurer, car insurance for drivers under 21 or over 80 can be prohibitive.
Statistics are the reason that insurance premiums differ depending on a driver’s age.
In short, insurers are not discriminating against older or younger drivers, but accessing risk and pricing their policies accordingly based on recognised driving statistics.
Insurers are also completely within their rights to offer certain products to specific age groups only and to target particular age groups via their marketing.
It is important that insurers back up their assessment of risk with reliable and relevant data.