The Forum is currently experiencing technical issues which the team are working to resolve. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Pay As You Go Car Insurance with By Miles?

Just saw this pop up on Yahoo:
https://uk.finance.yahoo.com/news/19-million-low-mileage-drivers-charged-car-insurance-000133054.html
Analysis of almost 2.5 million car insurance quotes by pay-by-mile provider By Miles, has revealed Brits who drive less than the national average may actually be paying more for their car insurance than higher-mileage drivers.

According to By Miles’ data, which is based on 2,466,055 customer quotes from car insurance companies on MoneySuperMarket, motorists who tell insurers they expect to drive up to 6,000 miles in a year pay an average of £233 more than those who say they’ll drive up to 12,000 miles. This runs contrary to the belief of many that the more you drive, the more you pay for car insurance.

Has anyone tried this? I've tried to get them to appear on comparison sites, but they don't seem to appear for me?

Comments

  • forgotmyname
    forgotmyname Posts: 32,900 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Several telematics policies, check the threads where people did more mileage than they originally said and the insurer wanted hundreds to add an extra 1000 miles.

    And no getting around it because they track the vehicle and know exactly how many miles its covered.
    Censorship Reigns Supreme in Troll City...

This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.5K Banking & Borrowing
  • 252.9K Reduce Debt & Boost Income
  • 453.3K Spending & Discounts
  • 243.5K Work, Benefits & Business
  • 598.2K Mortgages, Homes & Bills
  • 176.7K Life & Family
  • 256.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.