Insurance and 5,000 mile limit.

[Whistler]

Hi all,

Just a question really as to how many miles you have agreed with your insurance companies. It seems that more often than not the maximum is 5,000 miles, with the possibility that you can ‘buy’ more. Two companies have refused to insure me because I don’t have another vehicle, I’ve received two quotes of £262 and £349 with the latter not able to provide anything over 5,000 miles. Am I going to be bent over the barrel by the other insurance company when/if I ask to increase the 5,000 mile limit? Or am I worrying unnecessarily and even with a trip to Europe we might not get close to the maximum?

Are there any insurers out there that will give more than 5,000 without having a daily car?

Thanks!

 

[Supertramp]

Hi all,

Just a question really as to how many miles you have agreed with your insurance companies. It seems that more often than not the maximum is 5,000 miles, with the possibility that you can ‘buy’ more. Two companies have refused to insure me because I don’t have another vehicle, I’ve received two quotes of £262 and £349 with the latter not able to provide anything over 5,000 miles. Am I going to be bent over the barrel by the other insurance company when/if I ask to increase the 5,000 mile limit? Or am I worrying unnecessarily and even with a trip to Europe we might not get close to the maximum?

Are there any insurers out there that will give more than 5,000 without having a daily car?

Thanks!

Interesting this pops up now as I was going through how many miles I did before my renewal last year. I had a 5000 mile limit (though my insurance costs £1400 :roll: ) and without realising did 4950 miles just pottering about at uni, and driving to and from uni. Now on 10,000 miles with seemingly no increase in my cost.

 

[gman4175]

£1400????????????????????????????????????????????
Ouch, i feel your pain.

 

[Whistler]

Interesting this pops up now as I was going through how many miles I did before my renewal last year. I had a 5000 mile limit (though my insurance costs £1400 :roll: ) and without realising did 4950 miles just pottering about at uni, and driving to and from uni. Now on 10,000 miles with seemingly no increase in my cost.

Thanks for the reply! Who are you with? Cherished and someone else (can't remember who), are the two that wouldn't entertain the quote due to me not having another vehicle. Classic Line Insurance were the cheapest and would give me more miles (no idea on how much it would cost), and the other quote was Peter Best.

And why is it that they limit it to 5,000 miles? They are just dictating when and how much I can use my vehicle, or is it not as black and white as that?

 

[Dave.P]

Have you tried R.H insurance?
Been with them for years and cheap, with free breakdown. Worth a call..

 

[Supertramp]

Interesting this pops up now as I was going through how many miles I did before my renewal last year. I had a 5000 mile limit (though my insurance costs £1400 :roll: ) and without realising did 4950 miles just pottering about at uni, and driving to and from uni. Now on 10,000 miles with seemingly no increase in my cost.

Thanks for the reply! Who are you with? Cherished and someone else (can't remember who), are the two that wouldn't entertain the quote due to me not having another vehicle. Classic Line Insurance were the cheapest and would give me more miles (no idea on how much it would cost), and the other quote was Peter Best.

And why is it that they limit it to 5,000 miles? They are just dictating when and how much I can use my vehicle, or is it not as black and white as that?

Adrian Flux. Only one who would insure under 25 year olds. I spoke to a few insurers when I was getting quotes and they said the mileage limit doesn't affect the cost (or barely affects the cost). This is the only car I have access to as well so it's effectively my daily driver.

 

[sparkywig]

Usually you can't get classic insurance if you haven't got another vehicle as a daily.
Flux aren't the best by the way, I'd try a few other companies before renewing.

 

[rlepecha]

Interesting this pops up now as I was going through how many miles I did before my renewal last year. I had a 5000 mile limit (though my insurance costs £1400 :roll: ) and without realising did 4950 miles just pottering about at uni, and driving to and from uni. Now on 10,000 miles with seemingly no increase in my cost.

Thanks for the reply! Who are you with? Cherished and someone else (can't remember who), are the two that wouldn't entertain the quote due to me not having another vehicle. Classic Line Insurance were the cheapest and would give me more miles (no idea on how much it would cost), and the other quote was Peter Best.

And why is it that they limit it to 5,000 miles? They are just dictating when and how much I can use my vehicle, or is it not as black and white as that?

Adrian Flux. Only one who would insure under 25 year olds. I spoke to a few insurers when I was getting quotes and they said the mileage limit doesn't affect the cost (or barely affects the cost). This is the only car I have access to as well so it's effectively my daily driver.

Same for me, Adrian flux/flux direct. Its about £1000 fully comp for me with 7500 miles. They haven't asked for the odo reading last year on my beetle, which was third party but still 7500 miles, they asked when it was at 5000 miles for my first year.

BTW I'm 18, 19 this Saturday! That's when its £1000 fully comp on my bus.

Sent from my 02_jbla668 using Tapatalk

 

[Supertramp]

Usually you can't get classic insurance if you haven't got another vehicle as a daily.
Flux aren't the best by the way, I'd try a few other companies before renewing.

I'll be renewing again in June so hopefully being another year on, and older, will mean someone else will quote me. I'll be 24 in November so it's about time I started getting some decent quotes.

Same for me, Adrian flux/flux direct. Its about £1000 fully comp for me with 7500 miles. They haven't asked for the odo reading last year on my beetle, which was third party but still 7500 miles, they asked when it was at 5000 miles for my first year.

BTW I'm 18, 19 this Saturday! That's when its £1000 fully comp on my bus.

Sent from my 02_jbla668 using Tapatalk

That's not too bad considering your age. I assume mine is more because Manchester is apparently a black spot...unless you live in Manchester in which case I'm furious! :lol:

 

[martin.sim]

I'm with JK £110 ish fully comp for 3k miles, amazed at how much your quote is, I don't pay that for my everyday car


--------------------------------------
Why didn't I buy my bus years ago !?

 

[martin.sim]

Just noticed your age, I'm older than my bus lol


--------------------------------------
Why didn't I buy my bus years ago !?

 

[Supertramp]

Just noticed your age, I'm older than my bus lol


--------------------------------------
Why didn't I buy my bus years ago !?

I'm half the age of mine!

 

[martin.sim]

I'd trade the increased insurance cost for the years back


--------------------------------------
Why didn't I buy my bus years ago !?

 

[sparkywig]

I'm with JK £110 ish fully comp for 3k miles, amazed at how much your quote is, I don't pay that for my everyday car


--------------------------------------
Why didn't I buy my bus years ago !?

JK insurance is Herts Insurance under another name.
I'd try someone else personally, I'm older than my bus (which is 45 on the 12th) and paying £81 fully comp with 5000 miles, agreed value and extremely modified.


Sent from my iPad using Tapatalk

 

[martin.sim]

That's good, who is that with ?


--------------------------------------
Why didn't I buy my bus years ago !?

 

[sparkywig]

Cherished and Heritage have quoted the same (my renewal is next week), but I'm trying a few more.

 

[martin.sim]

Remind me in a couple of months when mine is due


--------------------------------------
Why didn't I buy my bus years ago !?

 

[rlepecha]

Usually you can't get classic insurance if you haven't got another vehicle as a daily.
Flux aren't the best by the way, I'd try a few other companies before renewing.

I'll be renewing again in June so hopefully being another year on, and older, will mean someone else will quote me. I'll be 24 in November so it's about time I started getting some decent quotes.

Same for me, Adrian flux/flux direct. Its about £1000 fully comp for me with 7500 miles. They haven't asked for the odo reading last year on my beetle, which was third party but still 7500 miles, they asked when it was at 5000 miles for my first year.

BTW I'm 18, 19 this Saturday! That's when its £1000 fully comp on my bus.

Sent from my 02_jbla668 using Tapatalk

That's not too bad considering your age. I assume mine is more because Manchester is apparently a black spot...unless you live in Manchester in which case I'm furious! :lol:

Leeds... I bought my beetle because of the cheap insurance though, every other car I looked at was £6k for insurance when I was 17.

Sent from my 02_jbla668 using Tapatalk

 

[jonboylaw]

Just to note, if you exceed the agreed mileage limit your insurer will still over you 3rd party as a minimal legal requirement. Cherished did not offer me more than 5000 miles on a classic policy. I really must get my speedo calibrated as I am over reading the miles


Sent from my GX64 SatCom phone using Tapatalk

 

[Whistler]

Just to note, if you exceed the agreed mileage limit your insurer will still over you 3rd party as a minimal legal requirement. Cherished did not offer me more than 5000 miles on a classic policy. I really must get my speedo calibrated as I am over reading the miles


Sent from my GX64 SatCom phone using Tapatalk

That's interesting, one insurance company tried me with 7,500 and 6,000 but no quotes came up. 5,000 did however, and she said if we go over 5,000 the policy is void.

Does anyone have over 5,000 miles? Or do you watch what mileage you do and that dictates when and where you go?