Insurance: Fresh hope for older drivers

Older people might find it easier to get car and travel insurance following a recent announcement. It has long been a cause of frustration that some insurers make more elderly people pay more for their motor or travel insurance, or even refuse cover because of age on some of their products. However, an agreement which started last week, between the Association of British Insurers (ABI) and the British Insurance Brokers Association (BIBA) means that elderly consumers will be referred to BIBA’s “Find a Broker” service if an insurance company cannot provide cover due to age or product restrictions. LV (formerly Liverpool Victoria) has ...