JMI: Just Motorcycle Insurance Brokers

[Ste]

Working out if you've lied about your annual mileage is only worth it to an insurance company if they're looking at having to pay out on a massive claim.

How far you commute is a good place to start for working out your minimum mileage. They can knock on neighbours doors and ask them questions.

Yes you could have lent your bike to mates who've done thousands of miles on it but it's just simpler to over estimate your mileage and it's unlikely to make any significant difference to the price.

[Rogerborg]

Yup, this is a question to catch out Darren Deliveroo rather than Eric Eurotour.

When arry comes down off the meow meow he'll doubtless post some wizard-gabble about post-hoc-pre-teen proportionate remedies that mean that you'd be asked for a small fraction of your premium in the event of a payout, worst case.

Actually voiding your insurance, I'd like to see them try it.

Really, I would. Fite.
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike

[arry]

I'm not sure if it's just all the charlie I've been smashing or if BCF have genuinely sided with a crap motorcycle insurance broker.

Void piece - might be able if they don't insure bikers on that particular policy if they're not under 5k miles per annum. I'd be amazed if that's the case though.

Much more likely they'd say you owe them 25 quid risk premium and 50 quid admin fee.

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[Analogkid]

[Rogerborg]

If I'd said "about 8" and they delivered an 8 and then I realised I was actually a 9 and the cheeky bastards wanted me to pay to send the 8s back, I'd sue them in the international court of human war crimes.
____________________
Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike

[Analogkid]

Those picking on the fact that I am somehow trying to lowball them with mileage are missing the point, its the ins co that ask for an estimate, there is no caveat suggesting I should overestimate in case I go over my top estimate figure, had they asked for a maximum mileage ceiling as in some classic car policies that would be different, however they asked me to estimate and then delivered a maximum based on that. The company agreed that they got it wrong and fully refunded, so my point was valid, even if some in here think otherwise.

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[Analogkid]

[quote=mpd72]Of course it's an estimate!. At the time of asking, the future hasn't yet happened.

What you're meant to do is answer honestly, covering more than enough mileage for the year. You're not supposed to lie in an attempt top get the policy price down, then whine like a drain when they expect you to have told them the truth. [/quote]

You are making assumptions here, i that or twisting my words to suit your argument. I did answer honestly estimated that I’d do around 5k miles a year, no where does it state you should overestimate, in fact that wouldn’t be as honest, I never lied you are making that up, or perhaps you are judging me using your own metrics.

[Ste]

[Analogkid]

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[Analogkid]

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[Analogkid]

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[Analogkid]

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[Rogerborg]

[Bozzy.]

[craigT19]

[bamt]

Depends a lot on the insurance company. Some don't really care about the miles; I expect somewhere between 18 and 25k on the main bike (dependent upon how much time I spend on the others). It made not a penny difference going between 18k and 35k (my declared "not to exceed" mileage, I got bored resubmitting with higher numbers to see when it would go up) - but I expect that my minimum mileage weeded out the underwriters who care about it. (currently paying about £300 FC on the Pan with a low excess).

[Ste]

4k miles might be more expensive but that doesn't mean to say 14k miles won't be cheaper.

[cool story] When buying house insurance a couple of years ago I discovered that for me with that particular insurance company, when decided how the value of the contents of my home is, through trial and error £100k was the optimal value. Having no working smoke alarms was slightly cheaper than having one or two working smoke alarms. Having a tree taller than two meters that's within five meters of the house also made the quote slightly cheaper.

It's not for us to question the statistics they used to working how much to charge. None of it has to make sense. Assume nothing.

[Rogerborg]

Adding physical security to my bike quote = price went up by 1/3rd.

Trust no one.
____________________
Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike

[arry]