Mileage Bands when insuring

[bigtwin]

An excess of £700 will
apply to any claim under Section 1 of this policy in the event the
annual mileage limit as shown on your schedule is exceeded by 500
miles or more in any one period of insurance.

That’s very comforting to know. Worth checking our own policies.

Exceeding the limit is most likely to be a simple oversight so draconian responses would be inappropriate.

Ian

 

[The Wino]

Unless the MoT dates align with the policy dates then you cannot surmise the mileage during the policy period.

For example, if the MoT date precedes the policy date by two months and in that two month period you do 3000 miles and then you do a further 3000 miles during the term of the policy that has a 5000 mile limit, what do you conclude? Would you conclude that they did 6000 miles that year, or 3000 miles?

The only way to conclude mileage during the policy term is to have evidence of the odometer reading at policy inception and at policy termination.

Of course, if you blatantly exceed policy limits then it might be possible to look at two, in policy, events such as between an MoT and a service. Under those circumstances it is blatant deception on the part of the policy holder and they deserve what comes to them.

Ian

Not just that if your mot history shows an average of 10k miles a year and you insure for 4000 you might need a good explanation of the change in circumstances that made you get a quote on that basis. Also if you have been with the same insurers a few years and the MOT history shows consistently a lot more miles than the policy it could be difficult to explain

 

[L' Hobo]

Thanks for the input (both)! My inclination was to do nothing but it seemed sensible to ask. I am happy enough to take the risk of an extra couple of hundred pounds added to the excess. That seem fair given it will cost me circa £120 if I make the phone call!!

All manner of things may yet get in the way of putting on those miles so it is still a "What if?" minor problem. I have always been under my insured miles on cars and bikes over the decades to date.

Why not extend your holiday in the South of England for 10days?

 

[VXman]

Working out the miles is annoying. I initially went for 8000 but was very slightly over in year one so I upped it to 10000.
That's was fine for year 2 and 3 but last summer I had an accident which spoiled all our Autumn plans. Insurance renewal is next week and i have only managed a embarrassing 4000 this last year!!!!

What a waste of 6000 miles of insurance!!!

Most companies I have seen seem to do it in 2000 mile chunks.

 

[Gareth_Kelly]

Out of interest, this is Comfort's response to me asking a similarnquestion about mileage bands last week for our policy:

"Our mileage bands are as follows

1500

4000

6000

8000

10000

Unlimited

For us to go from 6,000 to Unlimited would increase the premium by £144 incl the £25 admin fee.

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