How do they know your milage if you have never told them?
2007-12-23 00:18:23 · 17 answers · asked by scousetomo2003 1 in Cars & Transportation ➔ Insurance & Registration
They go partly by what you say and partly by who you are. Actuary (the science of risk assesment) uses a variety of variables to indicate whether the average mileage that your provide on your renewal form is accurate by looking mainly at your profession and geography.
The litmus test is when your car is repaired by one of their garages, when your odometer is always photographed. Using the age of the car against the mileage, the insurance company can guage an accurate annual mileage (which may, naturally, differ from your estimations). This isn't reviewed for every car, it would take too much time, but a sample count of cars are taken and an average calculated to provide a reliable actuarial for their customers' policy premiums, and to check that an individual's mileage delclaration is anywhere near the truth.
Always remember that, if need should arise, an insurance company can find out anything about your vehicle, down to the colour of the upholstery.
2007-12-25 12:16:44 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Car Insurance Mileage
2016-10-22 02:27:28 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The average is about 10K to 12K miles The last owner may well have pt the mileage on the DVLA form when he sold you the car . This would be available to the insurers if needed Tell the truth the consequences of being caught out in a lie are not worth finding out about
2007-12-23 09:04:20 · answer #3 · answered by Scouse 7 · 0⤊ 0⤋
This Site Might Help You.
RE:
How do insurance companys know you annual mileage?
How do they know your milage if you have never told them?
2015-08-20 05:23:40 · answer #4 · answered by ? 1 · 0⤊ 0⤋
If they haven't asked, they use averages of drivers driving for pleasure, business, or a combination. Chances are they did ask you how far it was to your job.
Also, if you live in a state where annual inspections are done, the mileage on the vehicle is usually captured then and available to insurance companies.
Average for the combination of work - pleasure is 12,000 miles a year, or 1,000 a month.
2007-12-23 01:29:56 · answer #5 · answered by oklatom 7 · 2⤊ 1⤋
You declare your initial mileage when you take out the insurance policy and they will ask you the mileage when you have a claim.
Other than non-disclosure of material facts - many people will forget what milege they declared when they took out the policy.
Most insurance companies rely on the integrity and honesty of their policyholders.
2007-12-23 02:14:37 · answer #6 · answered by welcome news 6 · 2⤊ 0⤋
They do not have any way of monitoring your milage. there is no inspection of your odometer. Usually they ask you to write the current milage on your reneral request.
You can sheat but if anything happens and the insurance adjuster checks the odometer, you will be in serious trouble. The can cancel you for falsifying information. You will then be bad listed amoung all the insurance companies.
2007-12-23 00:24:13 · answer #7 · answered by organbuilder272 5 · 1⤊ 1⤋
Your MOT certificate shows your mileage. As long as you've owned the car for more than a year they can check the insurance darabase for this info.
2007-12-23 01:02:18 · answer #8 · answered by Mark B 5 · 1⤊ 1⤋
And most of you have all forgotten about the annual MOT test, where the mileage is recorded on the dvla computers.
2007-12-24 06:30:41 · answer #9 · answered by rookethorne 6 · 0⤊ 0⤋
all insurance companys on starting a policy will ask you your curent milage on your vehicle,then ask you your anual milage,if you at any time make a claim they will check your milage ,if you excede your quotor your claim can be disallowed,it is an escape route for insurance companys,check your policy to see if you have agreed to this,it will be in the small print.
2007-12-23 07:17:59 · answer #10 · answered by Anonymous · 0⤊ 0⤋