if you do over the mileage said to the car insurance

building

company do you have to notify them? thanks in advance.

fatboyonadiet

No, never have done myself...always wondered how they monitored this, bit of a grey area

Cardew

fatboyonadiet wrote:

No, never have done myself...always wondered how they monitored this, bit of a grey area

I don't think it is a grey area.

You obviously should contact them as the proposal form commits you to notify them of any change in the risk they have insured you for.

Its no different to modifying the car to make it more powerful, you picking up points on licence etc.

They are not likely to monitor your mileage unless you make a largish claim and then see them wriggle! Its not difficult to work out your mileage from servicing records and/or MOT or other investigations.

fatboyonadiet

Cardew wrote:

I don't think it is a grey area.

You obviously should contact them as the proposal form commits you to notify them of any change in the risk they have insured you for.

Its no different to modifying the car to make it more powerful, you picking up points on licence etc.

They are not likely to monitor your mileage unless you make a largish claim and then see them wriggle! Its not difficult to work out your mileage from servicing records and/or MOT or other investigations.

Sorry, didn't mean reporting was a greay area, no doubt it is in our best interests too - i.e. the case you highlighted of wriggling out of claims, just meant the issue of them monitoring it.

RightRevBod

Milage is noted on the MOT certificate (as far as I remember). It would be easy to check milage from one MOT to the next, or from MOT to present in case of a claim.

misterthrifty

It depends on what basis you gave them the mileage. If it was just a general indication of annual mileage and you have gone over it a bit I wouldn't worry too much. If it was used as a rating factor, for example a restricted mileage policy which got you cheaper insurance, then it is important to notify them.

They will ask for a new reading at renewal and' as mentioned above they can get a reading from the MOT (if there is one) or from an inspection of the car following an accident. It's unlikely they could use this as a basis to turn down a claim but they could make your life difficult!

If it was used as a rating factor they may ask for additional premium if you have gone over it.

Hope that helps.

Mr T

Cardew

misterthrifty wrote:

It depends on what basis you gave them the mileage. If it was just a general indication of annual mileage and you have gone over it a bit I wouldn't worry too much. If it was used as a rating factor, for example a restricted mileage policy which got you cheaper insurance, then it is important to notify them.

They will ask for a new reading at renewal and' as mentioned above they can get a reading from the MOT (if there is one) or from an inspection of the car following an accident. It's unlikely they could use this as a basis to turn down a claim but they could make your life difficult!

If it was used as a rating factor they may ask for additional premium if you have gone over it.

Hope that helps.

Mr T

Interesting.

I was under the impression that the premium on all policies these days was dependant to some degree on the mileage. (I repeat that was only my impression)

It is obvious that a car covering, say, 40,000 miles pa is on the road longer than a car covering 20,000 pa and hence exposed to risk for a greater period.

I increased the forecast mileage on my second car from 6,000 to 8,000 pa and there was quite a substantial hike in the gross premium.

Wig

1st point, always check at what point the increase in mileage increases the premium, I have found that saying 8,000 or 15,000 makes no difference to the premium, so might as well choose the 15,000.

If you are just a little bit over, don't worry about it, especially if this is your first year with them, because they don't know your actual mileage at the time you started with them. If you are grossly over your "estimate" then you could consider telling them.

nej

My renewal is due any day now and I asked them to re-quote based on 11-12,000 rather than 15-16,000 and it made a difference of £50 for the year, which works out at about 10%.

OxJak

Cardew wrote:

Interesting.

It is obvious that a car covering, say, 40,000 miles pa is on the road longer than a car covering 20,000 pa and hence exposed to risk for a greater period.

I increased the forecast mileage on my second car from 6,000 to 8,000 pa and there was quite a substantial hike in the gross premium.

Conversely it might be that if you only do low mileage, eg 2,000 miles or less, then you could be considered more of a risk than someone who travels 10,000 miles. I guess it varies between the insurance companies what their policy is. I remember once telling mine that I probably did 12k instead of 10k, and they said it didn't make any difference.

Cardew

OxJak wrote:

Conversely it might be that if you only do low mileage, eg 2,000 miles or less, then you could be considered more of a risk than someone who travels 10,000 miles.

Presumably you are making the assumption that the driver only drives 2,000 miles or less.

What if you have two cars as I have and only do a small mileage in the second car. Or are, say, a lorry driver doing 80,000 miles a year at work.

Personally I don't accept the premise that if you drive more miles you are a better driver. However, leaving that argument aside, you are insured not just for the risk you pose, but for other driver's actions as well as no fault accidents such as tyre blow-out.

Insurance companies are unanimous in the view that the higher the mileage the car covers, the greater the risk.