United Kingdom
If you’re aged 50 or over, you might already enjoy lower car insurance rates – but the savings don’t stop there. With over 50s home insurance, your age could work in your favour once again.
Compare quotes to find the right cover and see how being over 50 could help you get a better deal on your home insurance.
Home insurance can often be more affordable if you’re over 50. That’s because insurers tend to see older customers as lower risk – they’re less likely to make a claim, and when they do, it’s usually for smaller amounts.
But like any insurance, your premium will depend on your personal circumstances, including where you live and the level of cover you need – not just your age. Comparing quotes is the best way to find the right deal for you.
There’s no fixed price for over 50s home insurance – what you’ll pay depends on a few key factors. These include your postcode, the type of property you live in, and the value of your contents.
Insurers will also look at your claims history. If you’ve gone several years without making a claim, you could be rewarded with a lower premium.
Whether you’re over 50 or not, home insurance typically includes two main types of cover – and you can choose to buy them separately or as a combined policy.
Covers the structure of your home, including permanent fixtures like your kitchen units and bathroom suite.
Protects the items you’d take with you if you moved, such as furniture, electronics, and personal belongings.
Some policies may include extra cover as standard, while others offer it as an add-on for an extra cost. Here are a few you might want to explore:
For those unexpected moments, like spilling wine on the carpet or knocking over a valuable ornament.
Helps with urgent call-outs, such as a boiler breakdown or burst pipe.
Extends protection to items you take out with you, like your phone, glasses, or golf clubs.
Can support you with legal advice or cover for certain disputes and claims.
Choosing the right mix of cover ensures your home and belongings are protected in a way that suits your lifestyle – and your budget.
Home insurance can remain affordable well into your 60s, 70s and beyond. Insurers may still view you as a lower risk, and you could also qualify for specialist policies from providers like Saga.
Many older adults choose to downsize – and a smaller property like a flat or bungalow could cost less to insure. In fact, a 2023 Housing LIN report found that 37% of over 75s who had moved in the past five years did so to live in a smaller home.
Of course, your premium will still depend on factors like where you live and whether you’ve made any recent claims. Comparing house and contents insurance for over 60s is a smart way to find cover that suits your needs – and your budget.
There are a few simple ways to help reduce the cost of your home insurance once you’re over 50 – without cutting corners on cover:
installing alarms, locks, and other measures can lower your risk.
choosing to pay a bit more towards a claim can help reduce your premium.
if you can afford to pay upfront, it’s often cheaper than monthly instalments.
overestimating could mean paying for more cover than you need.
getting buildings and contents insurance from the same provider could unlock a discount.