Insurance for very low annual milage?

woody33 · 20-03-2013 3:15pm #1

I wonder does any insurance co. have a deal for people who do a very few miles per annum? My policy is due and I did probably less than 3k km last year. I'm a named driver on another car in the family we use for longer trips. We get a slight benefit having both cars insured with the same company, and I already get a small reduction for low mileage. Thanks for any ideas.

ironclaw · 20-03-2013 3:20pm

Only policy I ever heard of, and granted it was a trial, was a GPS unit fitted to the car. Clocked mileage and speed, and applied a discount. The problem with a low mileage exception is (normally) you need someway of proving it and they need some way of verifying it. No discount in the world would warrant fitting a GPS tracker in my eyes.

woody33 · 20-03-2013 3:39pm

I don't much fancy a GPS unit in the car all right, even though a lot of people are being tracked via their mobile phone anyway. My annual NCT has a record of the mileage, though I suppose that's not actual proof. It's a pity my car is elderly but not vintage/classic.

TGi666 · 20-03-2013 4:06pm

whats the car and your age? I'm 25 driving a 03 mondeo 2.0 diesel and can get 3rd party insurance for €350 with FBD but that's just a disc in the window no perks

ba_barabus · 20-03-2013 4:35pm

Low annual mileage = higher risk for insurers in general

woody33 · 20-03-2013 5:00pm

How on earth do they figure low mileage is a higher risk? The person is not getting much practice maybe, but still...
Well they are only asking for €325 this year so I can't complain very much, but less on insurance would mean more petrol in the tank. Losing some perks would bring the cost down a bit, but it's probably not worth it.

ironclaw · 20-03-2013 5:11pm

woody33 wrote: »

even though a lot of people are being tracked via their mobile phone anyway.

Care to elaborate on your conspiracy?

ba_barabus · 20-03-2013 5:20pm

woody33 wrote: »

How on earth do they figure low mileage is a higher risk? The person is not getting much practice maybe, but still...

You've answered your own question.

woody33 · 20-03-2013 5:22pm

Conspiracy? :eek:. I'm not saying motor insurance companies are tracking people, but folks who have smartphones with location services turned on are leaving a trail. Handy if you lose your phone, though. It applies to any phone really, but to a lesser extent.

Insurance for very low annual milage?

Comments