So many factors affect how much you are charged for your car insurance with one of those being the number of miles that you travel in the car on an annual basis. One would have thought that the more miles you drive then, potentially, the more you will pay for your cover as someone who travels say 15,000 miles every year is more likely to be involved in a road traffic accident that a motorist who just does say 3.000 miles per annum. Well, some interesting research carried out by By Miles that provides pay-by-mile car insurance would appear to contradict this.
Apparently, By Miles looked at 2.5 million quotes for car insurance provided by MoneySuperMarket.com and this revealed that, on average, motorists doing 11,000 miles a year were paying an average of £233 per annum less than motorists who were driving 5,000 to 6,000 miles per annum.
There is an awful lot more interesting data in respect of the above that you can view on the website bymiles.co.uk.
Other things that can affect the amount you are charged for your motor insurance include the likes of how old you are, how long you have held a full driving license for, the make and model of car, where you live, where you park your car at night i.e. on the road outside your home or on the drive, what you use the car for i.e. do you just use it for social domestic and pleasure purposes or do you also use it to commute to and back from one place of work and whether you have any motoring convictions.
We have said it on many occasions but you really should consider shopping around to see if you can get a better deal on your existing cover prior to it coming up for renewal or if you are looking for car insurance for the first time. There are dozens of providers of motor insurance here in the UK so one way of obtaining quotes is to use a price comparison website although please be aware that not all providers of car insurance use a price comparison website.
