insurance, annual mileage
insurance, annual mileage
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Discussion

gtr-gaz

Original Poster:

5,281 posts

275 months

Thursday 28th April 2005
quotequote all
Just had to increase annual milage from 3000 to 5000 on this years insurance.

Cost me an extra £120 which I thought was a bit much, considering it's up for renewal in July!

Gary

pb3

1,064 posts

275 months

Thursday 28th April 2005
quotequote all
I have just renewed my cover, I was limited to 3000 miles last year. This time I had a quotation for 3000 and 5000 miles and there is about a 12% difference. The best thing is that I can insure for 3000 and then pay that difference when I am about to go over. As you are finding the downside is you are paying a chunk again for the additional mileage close to the next renewal (who ever said insurance was fair!). £120 seems a bit steep, mine works out at about £80, are you paying even more than me!?!

canam-phil

499 posts

288 months

Thursday 28th April 2005
quotequote all
gtr-gaz said:
Just had to increase annual milage from 3000 to 5000 on this years insurance.

Cost me an extra £120 which I thought was a bit much, considering it's up for renewal in July!

Gary


Hi Gary

Another way of putting it is that you have been offered 66% increase in cover for £120.

And they have additional admin cost as well (Ok, not much but when I add an additional temporary driver my company always charges an admin amount)

Not good value though unless you do the extra 2000 before renewal. So there is an excuse to use it more!

How's the car running now?

Phil

gtr-gaz

Original Poster:

5,281 posts

275 months

Thursday 28th April 2005
quotequote all
canam-phil said:



gtr-gaz said:
Just had to increase annual milage from 3000 to 5000 on this years insurance.

Cost me an extra £120 which I thought was a bit much, considering it's up for renewal in July!

Gary





Hi Gary

Another way of putting it is that you have been offered 66% increase in cover for £120.

And they have additional admin cost as well (Ok, not much but when I add an additional temporary driver my company always charges an admin amount)

Not good value though unless you do the extra 2000 before renewal. So there is an excuse to use it more!

How's the car running now?

Phil





It's running really well!
Fuel consumption is much better too. Definately a bonus.
Check out the video of the last meeting we had at Hunstanton. Well put together by Ian Beech!

www.pistonheads.com/gassing/topic.asp?t=173628&f=23&h=0


Gary.


>> Edited by gtr-gaz on Friday 29th April 06:57

steve_D

13,802 posts

287 months

Thursday 28th April 2005
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Is that link OK? All I get is a pistonheads.tv logo

Steve

rich 36

13,739 posts

295 months

Thursday 28th April 2005
quotequote all
hmm, me too

US-GTR

109 posts

284 months

Thursday 28th April 2005
quotequote all
Dito..

gtr-gaz

Original Poster:

5,281 posts

275 months

Friday 29th April 2005
quotequote all