Insurance Cares: Report warns older people overpaying on home cover
The report by Citizens Advice said that older people are being overcharged by up to £110 a year.
Charity Citizens Advice has suggested that insurance companies could be charging up to 13m UK households too much for their insurance cover.
A poll conducted for the charity found that older people are particularly vulnerable to these costs.
According to the research 40% of people over 65 have had their home insurance policy for over five years, which the report stated means they could be paying 70% more than a new customer would for the same policy.
It continued that for someone with the
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