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Obviously the price goes up the higher the milage but you aren't asked (in my experience) what your initial mileage is, so what are the implications if you exceed your alloted milage? How does an insurer even know if you have?
Cheers guys.👍
Asked to see my service book when car was written off, so could see if that matches expectations.
I’d assume as soon as the reg number is known then mileage data from the MOT history is known too, and anomalies might be spotted from there. Just surmising, not actual knowledge.
Just put what you actually do - it doesn't really make much difference.
I guess it could be a problem if you put down 5K a year to get the cheapest possible deal and clearly do 20k+...
But what if you put down 10k and have done 12k close to renewal and have an accident?
I guess it would come down to discretion, but I don't like the word discretion when it comes to insurance!
I'm sure the field on the insurance form used to say something like 'expected annual mileage', but when I renewed my insurance last week it was more along the lines of 'mileage not to exceed.....'
I ended up sticking an extra 1000 miles on, just to give me some headroom & the quotes did increase.
I upped mine from 10k to 12k after finding I'd have to do a weekly 35mile round trip unexpectedly, cost a few £ to change it.
It's not really the minor stuff they are looking for, and it's just an estimate so they can't hang you for it. What they're really looking for are the people smashing in mega miles a year. I would expect the check when the car was written off was more about the value of the car, and adjusting that depending on the service history
Obviously the price goes up the higher the milage
No it doesn't, it changes depending on which mileage bands have most claims. So, if too many people lie about only doing 4000 miles pa and then have plenty of accidents while doing 12000, the price will be higher than those bands doing a higher mileage but with fewer claims. See also nice postcodes with no theft - yeah but that one Lambo that was just stolen skewed your whole neighbourhood's premium upward.
It's more complicated than that but as we all know it's all down to risk and claims made. Simon Armitage, poet laureate, tells a story of changing his car insurance after he stopped being a probation officer and became a full time poet. His premium increased and the excuse was that he'd be in contact with the public more as a poet. 😀
I’d assume as soon as the reg number is known then mileage data from the MOT history is known too, and anomalies might be spotted from there.
Who says all that mileage was done on the public road? Mine certainly isnt.
Who says all that mileage was done on the public road? Mine certainly isnt.
How long is your drive?
One year I had to phone up to get a quote (misunderstood the renewal date and had actually been uninsured since 00.01 that morning. No, I hadn't driven anywhere).
As I was already on the naughty step I thought I had better be super honest. My previous year I had done 8000 rather than the 7000 I estimated. When the nice lady changed that detail it dropped the price by £35.
His premium increased and the excuse was that he’d be in contact with the public more as a poet
Arty folk used to be higher risk due to later nights, the perceived "lifestyle" and tbe fact that if your passenger who ends up breathing through a tube for the rest of their life is Elton John, his loss of earnings claim will be higher than Colin from accounts.
This is based on an experience from 25 years ago so maybe out of date, but I also doubt insurance companies have got more relaxed.
I wrote my dad’s car off when I was 17 and they initially refused the payout as we were over the agreed mileage. This was before the days of online portals and my dad had written to them to advise we were moving house and that the mileage was going to increase.
They claimed they knew nothing of the mileage change though. It was only when asked how they knew of the new address that they were now writing to us at to inform us they weren’t paying out did they cave and then acknowledge they clearly had receive the letter. As the record of the new address was the same letter as the mileage increase. Whether they’d have increased the premium if they’d done their admin in the first place I don’t know, but the clearly did try to wriggle out of paying out. This was a, at the time, 5 year old land rover discovery so not an insignificant sum of money they tried to avoid.
YMMV (pun intended)
His premium increased and the excuse was that he’d be in contact with the public more as a poet
Arty folk used to be higher risk due to later nights, the perceived “lifestyle” and tbe fact that if your passenger who ends up breathing through a tube for the rest of their life is Elton John, his loss of earnings claim will be higher than Colin from accounts.
Yeah. That's not always communicated well by the person at the insurance company who's only been told the increase by the underwriter and have to ring Elton's mate to tell them that they now have to pay a grand more for the beaten up Fiesta and the celebrity lifestyle. 😀
It’s surprising how quickly the miles add up. I don’t use my car to commute, have access to my OHs car, which in reality I use more than her. I was within 200 miles of my 5000 mile limit when I renewed the classic car policy.
They ask for a form with the mileage written on to be signed.
I assume they can quickly check the MOT database, assuming the odometer is working.
Although in 3 years time it won’t need an MOT. I assume they’d just check the mileage against my declared mileage in the event of a claim and not pay out if I’d been telling porkies.
I only do maybe 2-3000 a year but often 5-10 quote is cheaper
Now you've got me wondering if insurance co will pay me when I change the speedometer on my motorbike & mileage drops by 20k* at the next MOT 🤣
*to the correct mileage
My MOT is 6 months out of step with the insurance, and my service intervals can end up being 18 months, so unless I keep a note there isn't a good record of actual mileage within the policy period.
Just renewed and thought I'd gone over this year (based on MOTs) due to a longer commute. But checking properly, part of the increased chunk of mileage was from a summer 2022 holiday to France & Switzerland (just after the MOT but in the previous year for the insurance period). So I'm under for the current year, which is backed up by working out the average weekly mileage between the June MOT and now.
So I'm now jotting down a separate record just in case there is bother in the future.
When I was renewing my insurance I asked about this and the chap on the end of the phone said basically "Don't worry if you estimate wrong it won't invalidate your insurance, but if you said 12000 and you'd actually done 14000 we'd just deduct whatever the extra premium would have been from your payout". Which seemed reasonable.
Track days?
I only do maybe 2-3000 a year but often 5-10 quote is cheaper
I would imagine low mileage fun cars are often binned when they are only taken out for the occasional blast,
we’d just deduct whatever the extra premium would have been from your payout”. Which seemed reasonable.
That's a good response from someone who knows the right (sort of) answer. Which company was it?
Fwiw, this for consumer customers falls under CIDRA. Which is an act talking about misrepresentations and 'mistakes' made by customers when you're telling an insurer things.