New research has revealed that millions of users can be overpayment for their car insurance premiums in the UK for making basic mistakes.
New shocking research has revealed that millions of users can be overpayment for their car insurance premiums in the UK.
An insurance company pay per mile By Miles has analyzed more than 2.5 million insurgent insurers quotes that low mileage drivers pay the possibility for their closing.
Department data for Transport shows that the average driver driving 7,134 miles per year, which means that up to 19 million road users can pay overpaying for protection, research claims.
According to data, drivers who tell their insurer to drive up to 6,000 miles a year pay an average of £ 233 more than those who say they will drive up to 12,000 miles.
Unfortunately, research found that children aged 25 to 29 year up to 5,000 miles a year paying over 229 pounds of those who drive 11,000-12,000 miles.
It’s not just a young driver being punished by drivers as drivers between 50 and 64 years driving 5,000 miles a year paying £ 100 more than driving 11,000-12,000 miles.
Even those who built between six and eight years of no discounted claims while driving 5,000 to 6,000 miles a year, are still charged £ 100 more than those who drive 10,000-11,000 miles a year.
According to James Blackham, co-founder By Miles, road users pay too much because the traditional car insurance policy does not reflect precisely the number of kilometers traveled. “Those who do not guide much are treated unfairly.
“They are charged more to insure higher mileage drivers.
“The playing situation when bringing drivers with a catch 22 – whether to tell the truth about how much you drive and pay for the possibilities, or lie to get the cost but your insurance risk is not valid when you have to make a claim.
“It needs to change. If you do not use your car, it does not make sense to charge you just like a long-distance driver because of the possibility that you have a much lower accident. The pay-by-millions insurance means that people driving less are rewarded, . “
By Miles launched a car insurance policy just for a short time in the UK in 2018, and is now available through the MoneySuperMarket car insurance comparison panel.
Tom Flack, Editor-in-Chief at MoneySuperMarket commented, “It’s in our DNA to help drivers find the best deals on their car insurance, so there’s nothing better to offer a pay-by-mile insurance. excessive charging of long distance drivers. If you drive less, you have to pay less.
“It’s always important to shop to make sure you get the best deals for your car insurance, including seeing new technology that offers drivers a more flexible way to insure their cars.”
Lucy Rawlings, 26, from Newbury, a customer By Miles since December 2018, said, “I think most people would assume that the lower the annual mileage, the less the cost of insurance.
“Reducing my annual mileage is definitely something I’m considering when renewing my policy to see if it will make a difference in price as I only use my car in the afternoon and the weekend.”
“I think it makes more sense that the more you drive, the more you need to pay. For someone like me who is the only driver of my vehicle and using a five-day train from seven days to go to work, it’s not fair to be charged more for driving less. “
“My previous provider, Zurich, quoted me for £ 612 to renew with them but was given the extra cost of my season ticket, there was no way I could spend a lot when I would not use my car as usual.
“This is when I know about By Miles from family members and think of salary by one going forward. By By Miles, I’ll save £ 228, assuming I’m worth 6,000 miles.
Do you pay too much for your car insurance?
James Blackham, co-founder of By Miles, advised, “The Department of Transportation has shown us that average UK drivers are only 7,134 miles a year, which means that around 19 million low-speed long-distance drivers are charged less to drive.
To exercise if you are one of them, pay attention to your annual MOT certificate. This will show you how many miles you were driving last year and helped you make educated budgets for years to come. You can also view your car service record, or simply attach your reg plate to a quick quote on By Miles’s website and we will check the DVLA database for you!
If you have been driven under 7,000 miles a year you may be able to save it by choosing a car insurance pay as your driver. It is better to get some quotes to compare the price and the level of protection you get. But whatever you do, do not fudge the number – pulled out the drive significantly more or less than you tell your traditional car insurer you can cancel your cover. “