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Guide to buying car insurance for over 50s

May 14, 2024
Car Insurance

Purchasing car insurance has evolved significantly over the years. Once a task requiring a visit to the local branch at an inconvenient time, there are now more options than ever in how you can purchase your policy. At TrueCover, we offer many ways to buy your policy such as phone, internet, webchat and even video calls. Fortunately, navigating the complexities of acquiring senior’s car insurance has been made simpler with the abundance of tools and resources available. 

Here’s some tips on how you can efficiently compare senior’s car insurance prices online: 

Start with a ‘Cuppa Mindset’, or at least a ‘Cuppa: 

When purchasing insurance, consider it akin to grabbing a coffee – it’s about finding that perfect blend of quality and affordability that suits your taste. Just as you customise your coffee order, you can tailor your insurance policy to fit your unique needs and preferences. At TrueCover, we offer high quality insurance without the bitter after-taste.  

Comparing Levels of Cover: 

Most insurers outline their coverage options on their websites, providing detailed information about what each policy includes. Reviewing the Product Disclosure Statement (PDS) can offer further clarity on coverage details and exclusions.  

Car insurance policies typically come with a suite of standard inclusions and some optional extras that can be added to the policy, such as windscreen cover, hire car cover and roadside assistance. You may also be able to adjust the value your vehicle is insured for, to suit your needs. 

It is always best to consider your coverage needs and what you want your insurance to do for you when you need to make a claim. There is nothing worse than finding out at claim time what you thought was covered is not covered and you are left with useless insurance.  

At TrueCover, our PDS is simple to read and easy to understand. We are always here to answer any of your questions (we love it) via phone, webchat, video call or email. At TrueCover, you will always speak with a real person in our Australian-based contact centre.  

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Seek Insurance Tailored to You: 

Some insurance companies, like TrueCover, specialise in serving specific demographics, such as individuals over 50, with products tailored to their needs. So that we can give you the best premium we can, we focus on giving experienced, good drivers tailored insurance products designed to meet your unique needs and preferences. We do not ask you to pay more to cover the cost of bad drivers.  

Some features that after often valued by seniors and pensioners include roadside assistance, ambulance cover, a death / funeral benefit and no maximum driver age.  

Evaluate Premiums, Excesses, and Fees: 

When comparing car insurance options, examine factors such as premiums, excess amounts, and any associated fees. The standard excess can vary by provider and may be adjustable. Policies typically have additional excesses for young, inexperienced and unlisted drivers. 

Like most things in life, you typically get what you pay for with insurance. As TrueCover is run for people, not profit, we are able to offer better value car insurance to seniors.  

Exploring Discounts and Deals: 

In the insurance industry, new customer ‘discounts’ abound, yet ultimately, the price you pay for your policy reflects what the insurer wants you to pay. Some companies give sizable discounts in the first year to gain your business only to sting you the following years with solid price increases.  

At TrueCover, fairness is our hallmark. We provide you with the most competitive price tailored to your vehicle, its usage, and your driving history, year-in, year-out. We seek to reward your loyalty, not penalise it. There’s no convoluted discount system here, just straightforward, excellent value premiums.  

Where Does Your Money Go? 

You may want to consider the provider you are entrusting your vehicle with. Are they credible and trustworthy? What have other customers said about them? 

TrueCover is 100% Australian owned and run for people, not profit. TrueCover is backed by Pacific International Insurance, who have been operating in Australia for over 20 years.  

Requesting a Quote Online: 

Many insurance providers, including TrueCover, offer the convenience of obtaining a car insurance quote online. It is a good idea to think about the type of coverage you’re interested in, such as Comprehensive Car Insurance or Third Party Property Damage (TPPD) Insurance.  

At TrueCover, you have the option of getting a quick quote by answering a few questions here. Then, to receive a tailored quote, all you need to do is answer a few more questions regarding yourself, your vehicle, and your driving history. Once you complete the quote, purchasing the policy is quick and easy.  

In summary, leveraging online platforms for comparing senior’s car insurance empowers you to make informed decisions about your coverage options. If you need help at any time through the process, TrueCover is only a phone call, webchat or video call away.  

Here’s to the road ahead.  

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