Running out of miles

Author
Discussion

Pete_w

Original Poster:

646 posts

264 months

Thursday 29th August 2002
quotequote all
...on my limited mileage insurance policy.

Only use the car weekends, but love driving it....what are the options?

i.e. if the company refuses to extend the mileage limit (despite bunging them more cash), can I legally have two policies on one car?

Anyone been here before?

robkola

1,589 posts

265 months

Thursday 29th August 2002
quotequote all
Most companies let you pay the difference pro rata! You just change it to the next limit (unlimited?!)

Pete_w

Original Poster:

646 posts

264 months

Thursday 29th August 2002
quotequote all
quote:

Most companies let you pay the difference pro rata! You just change it to the next limit (unlimited?!)



-err, might have a problem here. The company involved refused to let me have the limit I wanted initially (6k), but were happy to let me have 4.5k for a very good price

Do you reckon 5 months of trouble free TVR driving will go in m favour?

spnracing

1,554 posts

272 months

Thursday 29th August 2002
quotequote all
I just ran out of miles on my TVR CC policy (now admittedly assigned to a Merc).

It was cheaper for me to cancel the policy and renew elsewhere, so I did just that yesterday - £514 fully comp on an E320 CDi through Direct Line. Not bad at all.

But of course I lost the remaining 2/3 months of my original policy.

griff2be

5,089 posts

268 months

Thursday 29th August 2002
quotequote all
I have been quite disappointed with the TVRCC policy.

It was cheaper than Sunninghill by about £130. But with Mannings I was limited to 5,000 miles and they only covered TVRCC track days.

Changed to Sunninghill when Mannings couldn't arrange cover for the TVR Perfomance Technique day. I now have up to 10,999 miles, full RAC cover (including recover, at home and pan European cover) and unlimited trackdays.

Given I needed the RAC cover anyway, which costs £163 if you buy it on its own, my Sunninghill policy is actually cheaper than Mannings on a like for like basis, and more comprehensive.

Which is nice.

thegamekeeper

2,282 posts

283 months

Thursday 29th August 2002
quotequote all
I think you will find the policy runs for 12 months or the mileage agreed whatever it is. Therefore once you have done the miles the insurance company has fulfilled its cover and you are no longer insured and therefore will need to renew. You will not therefore have 2 policies since the first one is no longer in force

griff2be

5,089 posts

268 months

Thursday 29th August 2002
quotequote all
Mannings have now got Cornhill to include TVR Performance Technique days as well as TVRCC trackdays.

Which comes about 6 days too late for me.

Ah well.....

ATG

20,682 posts

273 months

Thursday 29th August 2002
quotequote all
Agree with thegamekeeper. I doubt it is "illegal" to have two concurrent policies; it's just that it will cause an almighty bun fight when someone claims against you and the two insurers fight for the right to pay out on your behalf ... not. In your case this won't apply as your current insurer will cease to have any liability once you exceed the milleage.

dans

1,137 posts

285 months

Thursday 29th August 2002
quotequote all
Er, something has been puzzling me, if they do not ask you the mileage before the policy starts, then how do they know when you have done the mileage...

Fatboy

7,986 posts

273 months

Thursday 29th August 2002
quotequote all
Or why not just wind the mileage back a bit? (Assuming you haven't been daft enought o tell them already?)

Pete_W

Original Poster:

646 posts

264 months

Friday 30th August 2002
quotequote all
quote:

Or why not just wind the mileage back a bit? (Assuming you haven't been daft enought o tell them already?)



-don't know how too, although I understand that it's not illegal for a private owner to do so!(?) Figured it would be cheaper and easier to buy a new speedo, I'm assuming they come with zero on counter

kevinday

11,670 posts

281 months

Friday 30th August 2002
quotequote all
quote:

Agree with thegamekeeper. I doubt it is "illegal" to have two concurrent policies; it's just that it will cause an almighty bun fight when someone claims against you and the two insurers fight for the right to pay out on your behalf ... not. In your case this won't apply as your current insurer will cease to have any liability once you exceed the milleage.



I believe it IS illegal to have two policies on the same car because you could then make two claims for the same thing.

Pete_W

Original Poster:

646 posts

264 months

Friday 30th August 2002
quotequote all
....but the mileage reading at time of incident would surely dictate which policy I was able to claim on?

Fatboy

7,986 posts

273 months

Friday 30th August 2002
quotequote all
quote:
quote:
--------------------------------------------------------------------------------

Or why not just wind the mileage back a bit? (Assuming you haven't been daft enought o tell them already?)

--------------------------------------------------------------------------------



-don't know how too, although I understand that it's not illegal for a private owner to do so!(?) Figured it would be cheaper and easier to buy a new speedo, I'm assuming they come with zero on counter


Mate of my dad's did it by disconnecting the speedo cable from the gearbox, attatching it to an electric drill and winding it all the way back round again - that way the odometer shows no eveidence of having been tapered with. He did burn out the drill in the process though, but a cheap drill from B&Q is only £20...

Marc L

5 posts

264 months

Friday 30th August 2002
quotequote all
Increased mine from 5,000 to 7,000 miles today with Mannings, no problems.

clarky5150

423 posts

269 months

Saturday 31st August 2002
quotequote all
upped mine with mannings yesterday from 3000 to 7000 for £120 on a 4.2 cerb. very reasonable i thought to say that i dont have to worry for the next 5 months about my mileage.

Big_M

5,602 posts

264 months

Saturday 31st August 2002
quotequote all
Our insurance is with Privilege. We were limited to 6000 miles but confessed to doing 8000 - they upped it to 10,000 at no extra charge!

Bono

16 posts

261 months

Sunday 1st September 2002
quotequote all
Boyz, sorry to be a bore, but if your even thinking of altering the clock speedo reading, then why bother having FTVRSH, etc, as all of a sudden, it means nothing!
Likewise, you would probably commit an offence of say, 'obtaining a service or pecunary advantage by deception'. And yes, that does mean you would be liable for arrest!
Lastly, if you can afford to genuinly run a TVR, then what difference does a few hundred quid make on the insurance?
Bono