mileage change on insurance
mileage change on insurance
Author
Discussion

joe1145

Original Poster:

198 posts

152 months

Monday 16th March 2015
quotequote all
Starting a new job, which will half my miles, from around 16k to 8k. I currently pay for my insurance monthly, will changing the mileage on the insurance maybe bring the price down a little?

I know its unlikely as insurance companies are theiving bds

Vaud

59,976 posts

186 months

Monday 16th March 2015
quotequote all
Have you asked your insurer? They might possibly be beast placed to tell you. wink

Sorry, bit sarcastic but it is the best way, they should be able to tell you a hypothetical response.

Slow

6,973 posts

168 months

Monday 16th March 2015
quotequote all
You might have a admin fee on your insurance which would be more than you can save.

Could be worth just leaving the miles on it.

bp1000

873 posts

210 months

Tuesday 17th March 2015
quotequote all
25-50 quid admin fee later it usually does drop the premium

As mentioned might be worth just leaving it due to admin fee. May only save slightly more than admin fee over the year