Do insurance companies share data to scam more money out of you?

There must be a certain age where they just stop caring about mileage, within reason, or maybe it's some other factor I'm not aware of. I'm 34 and have 40,000 miles a year declared on my policy. I tested dropping it to 30,000 and then 25,000 miles while getting some quotes and it made absolutely zero difference to my premium. Dropping it to 20,000 miles did make a bit of a difference but not much - something like £50 over the year.
 
It does get a bit cheaper under 15k miles I think. That is usually the cut off for specialist or classic insurance too.

I've had under 15k miles on mine forever. No one has ever questioned it, even when making claims :)
 
Last edited:
You think thats bad, I got a few quotes from confused.com and got a best quote of £152. Went back the next day for same quote and it was £158 :o

Six bloody pounds it had gone up :o

:o




:o
 
Last edited:
Acme said:
I guess it isn't the end of the world starting with 2 again instead of having 3... Still annoying though... Likely to cost 10%~ more than having 3... :(

But yes, I will ask. :)
Click to expand...

Admiral we're kind enough to start my policy with them ~5 years ago with 1 years NCB even though I technically didn't have any. My first years insurance was a classic policy which doesn't give NCB but Footman James we're happy to send a headed letter stating I had not made a claim with them which admiral we're happy to honour a year for
 
The comparison sites seem to give a much higher premium the sooner you want insurance. Next time you get prices, set it to a month in advance or the furthest it will go and see what price you end up with. Works for me. Even if I need the insurance the next day I get that quote and just make out I've put the wrong date in when I ring the best insurer with the reference and bingo, cheaper price.
 
You must log in or register to reply here.
Back
Top Bottom