Estimated Annual Mileage - Car Insurance

[photosnob]

SV8Predator said:

I can honestly say that I don't think Loon "flies the flag" for the insurance industry. The reason he gets miffed (as I see it) is that he knows that the insurance industry is actually pretty clever and "has seen it all before". So all these ridiculous scenarios that PHers come up with to try and (A) get cheaper premiums, and (B) get themselves out of the mire because they've bullstted to their insurance company in the proposal form, are plainly not going to work.

And the same old chestnuts are brought out again, and again, ad finitum (and beyond!).

He simply points this out,

And he's at fault?

Assuming everything you have said is 100% accurate, it doesn't change what I have said.

If he gets "miffed"/"tired" or just upset at replying to the same stuff he can simply stop replying to it. As much as he/you may feel his abuse is insightful and useful, the world is still going to turn if he stops his obnoxious ranting.

[SV8Predator]

photosnob said:

the world is still going to turn if he stops his obnoxious ranting.

As it will, if you stop yours?

[QBee]

3Dee said:

And in reverse.... When asked what mileage, I tend to be cautious and over-estimate it. Last year I said 3k (including track days), but actually did half that, so technically I overpaid, but 3k is the lower limit me-finks.

This year, cos of le Mans trip and a few track jobs, I said 4k so premium was a bit higher... le Mans is over.. unlikely to more that 500 miles for the remaining, so lost again...

Still, since my speedo shows only 2.2 k from new, I guess next year maybe I get a free year or so ...?????
Yeah! That's right, pigs will fly!

I ought to stop taking those weird coloured pills shouldn't I!

No, just get out there and drive it more. Surely you didn't buy it to keep it in the garage going wrong through lack of use? Get it on the road and give us all the pleasure of seeing it.....presumably your Ultima?

[Red Devil]

Jon1967x said:

You're typically asked if you have access to other cars, either own or use. To a point that's establishing if you drive more than stated.

This thread is specifically about mileage. I don't know anyone who has managed to drive more than one vehicle at a time. So what matters is how many miles are being driven on the policy covering that particular vehicle. Therefore the question makes no sense to me as it has no relevance. What, if anything, am I overlooking here?

[Jon1967x]

Red Devil said:

Jon1967x said:

You're typically asked if you have access to other cars, either own or use. To a point that's establishing if you drive more than stated.

This thread is specifically about mileage. I don't know anyone who has managed to drive more than one vehicle at a time. So what matters is how many miles are being driven on the policy covering that particular vehicle. Therefore the question makes no sense to me as it has no relevance. What, if anything, am I overlooking here?

You are overlooking the fact they ask and in my case the premium went down when the number of household cars went from 2 to 3 (and nothing to do with multicar discount). The logic, well that's for them to decide not you and just because you don't see it as relevant doesn't mean it isn't.

[QBee]

Jon1967x said:

You are overlooking the fact they ask and in my case the premium went down when the number of household cars went from 2 to 3 (and nothing to do with multicar discount). The logic, well that's for them to decide not you and just because you don't see it as relevant doesn't mean it isn't.

That explains something. My Audi premium dropped from £430 to £330 at renewal. I assumed it was a softening market, another year with no incidents, another year that the car is older, etc etc. Never occurred to me that the answer "5" to the number of cars in the household (three generations living together since the previous renewal) might have something to do with it.

[oyster]

OpulentBob said:

Can you post without having a stroppy litte dig? Why hold everyone in such contempt? You're SO angry and bitter.

Loon comes on here with an answer from a position of knowledge as he's made clear on a number of occasions that he (she) specialises in vehicle insurance.

Yet thread after thread contains 'facts' spouted by PH'ers that must be true because their mate of a mate mentioned it in the pub.

It's tiresome.

[3Dee]

QBee said:

No, just get out there and drive it more. Surely you didn't buy it to keep it in the garage going wrong through lack of use? Get it on the road and give us all the pleasure of seeing it.....presumably your Ultima?

Umm, well yes! Actually I built it over 6 years.... No problem during that time except for an occasional dig from her-royal-seat-cover about "I am not looking forward to when it's finished!"
So if you know what it's like living with a missus (of 41 years) that hates the damn thing, won't get in it, and sees it as a threat to my longevity, then perhaps you can understand that I try to operate careful diplomacy so as to minimise stress in the other half, thus a very fine line is trod between my sporadic fun and what er-in-doors can cope with! It doesn't help that she is convinced that I am a bit of a adrenaline junky at heart, which of course I am not.

i.e.. a long-winded explanation why I don't go out in it as much as I would like! Booo!

Having said that, I hope to be at Donnington during the last weekend of this month - so come see! We have an Ultima parking area reserved.

sorry for the hijack! ...As you were! (Gad, that shows my age! )

Edited by 3Dee on Wednesday 20th August 16:56

[Nightmare]

this is one of my favourite ever insurance threads. It starts with the OP admitting previous dishonesty and musing about more and then HIM getting upset when someone who works in the industry thinks this might be a bit off and says so?! wow!!

And if Loon stops contributing then every one of these threads will just continue to get filled up with inaccurate drivel. which would be a shame as people are currently getting accurate information, which they happen to disagree with. gotta love the internet.

[QBee]

3Dee said:

QBee said:

No, just get out there and drive it more. Surely you didn't buy it to keep it in the garage going wrong through lack of use? Get it on the road and give us all the pleasure of seeing it.....presumably your Ultima?

Umm, well yes! Actually I built it over 6 years.... No problem during that time except for an occasional dig from her-royal-seat-cover about "I am not looking forward to when it's finished!"
So if you know what it's like living with a missus (of 41 years) that hates the damn thing, won't get in it, and sees it as a threat to my longevity, then perhaps you can understand that I try to operate careful diplomacy so as to minimise stress in the other half, thus a very fine line is trod between my sporadic fun and what er-in-doors can cope with! It doesn't help that she is convinced that I am a bit of a adrenaline junky at heart, which of course I am not.

i.e.. a long-winded explanation why I don't go out in it as much as I would like! Booo!

Having said that, I hope to be at Donnington during the last weekend of this month - so come see! We have an Ultima parking area reserved.

sorry for the hijack! ...As you were! (Gad, that shows my age! )

I know only too well what it's like. I have a 5 litre TVR which Erin (Mrs Dawes) won't passenger in except under very special conditions - there is a restaurant meal or a shoe shop at the other end, and that isn't more than 25 miles away.
She did come to the Spring TVR car show with me (35 miles each way, 640 TVRs on display), spent 45 minutes complaining about the brisk wind (while we walked around a food fair that was on at the same place and time), ate a pulled pork burger and then demanded we go home.
I did suggest we take our summer holiday in the TVR.....we're going in the Audi, it seems.
Her only car-friendly achievement was last autumn, when she passengered with me on a track day. I asked for silence while driving and almost got it - her only two words, when I had the nearside wheels up on the outside kerb of a tight right hander at 80 mph, were "OH S**T!!!". Her comments to friends afterwards were either "I was wearing the wrong coloured trousers" or, more succinctly, "never again", said through gritted teeth.

I get around this by going on my own on TVR organised events, track days, sprint days, drives out and even take it shopping, and manage 12,000 miles a year in it - that's the advantage of owning a TVR - 500 mates come free with every car.

[Al U]

Nightmare said:

this is one of my favourite ever insurance threads. It starts with the OP admitting previous dishonesty and musing about more and then HIM getting upset when someone who works in the industry thinks this might be a bit off and says so?! wow!!

And if Loon stops contributing then every one of these threads will just continue to get filled up with inaccurate drivel. which would be a shame as people are currently getting accurate information, which they happen to disagree with. gotta love the internet.

I'm glad that my thread has made it into your highly coveted favourite insurance thread list. I didn't get upset at all, I openly admitted to being previously dishonest. What I found slightly annoying was being accused of being dishonest on this occassion when I clearly said in my OP that having not told any porkies when getting my quote that I had got a price much cheaper than last year. It was the process of having to calculate my annual mileage when filling out the quote that made me think about starting the thread, I wanted to see if other people did and/or would admit to doing it and if anyone had dropped themselves in it by doing so when trying to make a claim on their own policy. You are entitled to interpret it however you like but that's how it is, simples!

Edited by Al U on Wednesday 20th August 20:07

[AngryPartsBloke]

photosnob said:

AsIf he gets "miffed"/"tired" or just upset at replying to the same stuff he can simply stop replying to it.

That's the reason SP&L is now full of useless pub/internet lawyer types and the useful information about people who actually know what they are talking about gets drowned out.

[fushion julz]

LoonR1 said:

FFS. Estimated not limited mileage. Every time the same old crap gets trotted out

It's boring

Ok..Hope this isn't *too* boring for you, but perhaps you can answer this question:

My M3 is insured on a limited mileage (5000 PA), agreed value policy as a classic. However it is used on track where the insurance isn't valid as I haven't paid the extra for (IMHO) the fairly limited cover available.

If my *road* mileage was to be (say) 4500 in a particular year, but my on-track mileage came to (say) 1000, haow can I prove that am within the terms of my policy?

I should say that, so far, this hasn't occurred, but it has been something that I have thought about.

[photosnob]

fushion julz said:

Ok..Hope this isn't *too* boring for you, but perhaps you can answer this question:

My M3 is insured on a limited mileage (5000 PA), agreed value policy as a classic. However it is used on track where the insurance isn't valid as I haven't paid the extra for (IMHO) the fairly limited cover available.

If my *road* mileage was to be (say) 4500 in a particular year, but my on-track mileage came to (say) 1000, haow can I prove that am within the terms of my policy?

I should say that, so far, this hasn't occurred, but it has been something that I have thought about.

If it's worrying you why don't you pay the little extra for a few more miles?

If things really went wrong, I'm sure with the receipts for the track days the financial ombudsman would find in your favour. That said you could just ask your insurer. Unless your car is mega valuable they arn't going to put up much of a fight.

[LoonR1]

fushion julz said:

LoonR1 said:

FFS. Estimated not limited mileage. Every time the same old crap gets trotted out

It's boring

Ok..Hope this isn't *too* boring for you, but perhaps you can answer this question:

My M3 is insured on a limited mileage (5000 PA), agreed value policy as a classic. However it is used on track where the insurance isn't valid as I haven't paid the extra for (IMHO) the fairly limited cover available.

If my *road* mileage was to be (say) 4500 in a particular year, but my on-track mileage came to (say) 1000, haow can I prove that am within the terms of my policy?

I should say that, so far, this hasn't occurred, but it has been something that I have thought about.

I have already answered this on the thread, hence why I find it boring. If people don't read the thread then it's frustrating, when people think they've found a loophole, that isn't, then it's boring.

The simple answer is that you've either bought the wrong policy, or you ought to take another look at your arrangements at the very least. You can't prove that you've done those miles on track, so you should insure it for more miles. If you told your insurer that it was going to be used on track they may be less inclined to cover you too. After all nobody has ever crashed on track then taken it home and conveniently crashed into a wall near home have they?

[TwigtheWonderkid]

fushion julz said:

Ok..Hope this isn't *too* boring for you, but perhaps you can answer this question:

My M3 is insured on a limited mileage (5000 PA), agreed value policy as a classic. However it is used on track where the insurance isn't valid as I haven't paid the extra for (IMHO) the fairly limited cover available.

If my *road* mileage was to be (say) 4500 in a particular year, but my on-track mileage came to (say) 1000, haow can I prove that am within the terms of my policy?

I should say that, so far, this hasn't occurred, but it has been something that I have thought about.

If you have a classic policy limited to 5000 miles, then going over 5000 is a problem. The fact that some of those miles were incurred on track where the insurance doesn't apply isn't relevant in my view.

It's a classic policy and they usually come with an agreed value. The value they agree is based on the mileage not increasing by more than 5000 in the year. Supposing you did 50K miles on the track and 4K on the road? If you wrote your car off on the road, why should they cover you. The car has a far higher mileage than they agreed, and the fact that bits have been worn out on the track might make a claim more likely on the road. Suspension failure or some such.

You take out a policy saying you won't do more than 5K miles. That's it. Mileage done on the track, mileage done by your brother who added the car on to his policy whiles he drove to Sicily in it, and all the other scenarios you can dream up all count towards the 5000 limit you agreed to.

Just my view. Not saying that is fact.

[fushion julz]

Thanks for the answers...Much as I thought, then....

However, it isn't possible (at least with the insurers I've use/still use) to get agreed value cover on over 5k miles on the car in question (BMW E30 M3).
I accept the risks of using the car on track and, few spins here or there excepted, I have never had a contact or driving issue. When I ran a bearing at Brands a few years ago necessitating a £3.5k+ engine rebuild, I just accepted it was part of the risk of using the car in an extreme environment.

The car isn't worth a huge amount (by E30 M3 standards, at least), so adding a few miles to it won't make much, if any, difference to the value.

[LoonR1]

fushion julz said:

Thanks for the answers...Much as I thought, then....

However, it isn't possible (at least with the insurers I've use/still use) to get agreed value cover on over 5k miles on the car in question (BMW E30 M3).
I accept the risks of using the car on track and, few spins here or there excepted, I have never had a contact or driving issue. When I ran a bearing at Brands a few years ago necessitating a £3.5k+ engine rebuild, I just accepted it was part of the risk of using the car in an extreme environment.

The car isn't worth a huge amount (by E30 M3 standards, at least), so adding a few miles to it won't make much, if any, difference to the value.

I think you're missing the point on limited mileage. It's limited to reduce the risk, but also as Twig says, it's to maintain the value. The fact you want to ignore that element and say the miles were done on track therefore shouldn't count is like having your cake and eating it. Do 5000 including track mileage, that's fine, do 5000 on raps and the same on track and that car is by definition worth less than the first example.

The engine rebuild was your problem whether it was road or track your car insurance doesn't cover mechanical failure.

[ging84]

Just remember every time loon is on here ranting, that is time he is not spending time looking for ways to avoid paying out on claims, which we all know is what all people in insurance spend their days doing, they don't even do it for the company thinking about their quarterly bonus, just for the enjoyment of causing others unnecessary suffering, as after failing the dentistry exams, insurance was the next best option.

[LoonR1]

I failed the vet exams. I wanted to put down family pets, even when there was no need.