5 Minute News

Challenges Faced by Elderly Drivers with Insurance Companies

January 26, 2025

Elderly drivers in Cyprus face challenges with insurance companies, which demand higher premiums and often deny vehicle coverage. This is essentially age discrimination, as older drivers seek equal treatment with other drivers. There is a proposal from MPs for state intervention, while the legislation limits the Insurance Commissioner's ability to intervene. Studies show that younger drivers pose a greater risk due to their inexperience.