Compare Mileage Based Car Insurance UK quotes

Mileage Based Car Insurance UK

Compare 110+ providers
You could save up to £261*
Comparing since 2011
Don’t have your registration number? No problem, click here.
Car

Mileage Based Car Insurance in the UK is a car insurance policy where the cost of the insurance policy is determined by a driver's mileage. When you drive more, you pay more, and when you drive less, you will pay less for auto insurance. The financial benefits of a mileage driven car insurance policy can be enormous.

What is mileage based car insurance (UK)?

Put simply, mileage based car insurance is based on how much you drive your car. It’s not for everyone - if you spend a lot of time on the road it might not be the best option because it could end up costing more than a traditional policy.

Mileage based car insurance works on the principle that the less you drive, the less likely you are to make a claim. Your insurance provider will monitor how many miles you drive to get an accurate picture of your driving, which allows for your premiums to be adjusted accordingly. The average UK car insurance cost £460 in 2020, so for those who use their car infrequently, or young drivers who struggle to afford premiums on standard policies, this could really reduce the cost of your insurance.

What alternatives to mileage based insurance are available?

Of course, there’s the option to choose a standard insurance policy. However, if your car isn’t being driven regularly, this might mean you end up paying more than necessary. There are other options that are similar to mileage based car insurance, including:

  • Pay-per-hour insurance: This has a similar structure but premiums are based on the amount of time you spend on the road instead of the mileage you cover.
  • Telematics insurance: This involves having a telematics box installed in your car or using an app. This allows your insurer to monitor how well you drive, including habits like acceleration, braking, and time spent driving.

Why choose mileage based car insurance?

The biggest benefit of mileage based insurance comes from the potential savings. If you use your car infrequently or only travel short distances, this type of car insurance might suit you.

If you’re being priced out of standard car insurance policies, mileage based insurance could get you the right cover at a lower cost. However, if you’re looking at this type of insurance for cost reasons, it’s important to think realistically about how much mileage you do.

Who should get mileage based car insurance?

Mileage based car insurance is a great choice. It is for drivers who don't cover much mileage and who might not want to pay for expensive extras. It's also a cost-effective choice for young drivers and those who spend a lot of time in the car, such as taxi drivers or couriers. Most insurance companies use a black box in your car to work out how much you drive. This allows them to provide cheaper premiums for people who drive less. Mileage based car insurance is for anyone who regularly drives more than 5,000 miles every year. It is available for almost all new cars (and some older ones).

If you are not sure if you should get mileage based car insurance, Parker’s can be of help and provide car insurance advice, click here

How much does mileage based insurance cost?

Mileage based insurance usually charges two rates:

  • When your vehicle is stationary
  • For each mile driven

Exact costs will vary as they would with any other type of car insurance. Generally, you can also add extras onto a mileage based insurance policy, such as:

  • Breakdown cover
  • Multi-car cover
  • Additional driver insurance

These add-ons will also affect your premiums. To check how much mileage based insurance could cost you, compare the options now with Insuro

Is mileage based car insurance worth it?

Mileage based car insurance is an alternative to the traditional method of charging customers. Which was based on their car model, vehicle category or driving history. It's designed to prevent insurance providers from overcharging people who do not make much use of their cars. The probability of having an accident is directly proportional to the distance driven in a given period of time. By monitoring this mileage, companies can decide how much an individual should spend on car insurance by comparing this information with the average cost per mile driven.

Mileage based car insurance takes into account how far your car travels. Depending on the policy you take out, you could pay less for your renewal each year, but it really depends on how much you drive. It's normally not available with an annual mileage allowance, only as standard. The amount of money you could potentially save will depend on how many miles you cover each year.

What is car insurance?

Having car insurance ensures you are covered financially if the worst were to happen to your car. This could be damage from an accident, theft, vandalisation and fire damage. It means you won't have to dig into your own pocket to pay for potentially huge repair or replacement costs.

Car insurance is a legal requirement for cars driving on public roads. You will be heavily penalised if you are found to be driving without insurance. The minimum level of cover you must legally have is third-party car insurance. This would cover the damage to another person's car, for example in a collision accident, but provides limited cover for your own vehicle.

Quotes From Over 100 Top UK Providers

AXAEndsleigh InsuranceRAC InsuranceOne Call Insurance
See our full list of our providers

How much does car insurance cost?

Car insurance is made up of an annual premium. This can be paid in a lump sum or monthly as a direct debit. There are many factors that come into play that will affect the cost of your car insurance. It needn't cost the earth when you take the time to compare premiums with Insuro. Get one of our quotesin a matter of minutes.

Why compare with Insuro?

Search over 110 different car insurance providers

Quotezone increases your chance of finding a great deal by searching the market for you.

Buy online or by phone

Purchase your car policy quickly and easily, monthly and annual payment options available.

You could save time and money

Get your quotes by filling in one simple form, compare prices, and start saving.

Over 500,000 users

Join our ever-growing list of satisfied customers today.

Cloudflare Protected

Our quote form uses Cloudflare's security features for your peace of mind.

Independent and unbiased service

We aren’t owned by or have any investment from any insurance company.

What people have to say about us

Fantastic service I had a renewal price of over £850 from my current insurance which had gone up by £150 from last year I now have a new insurance company and its £421 saving me over half the price amazing 👍👍👍
Andrew
Saved me hundreds on my car insurance. Hadn't heard of them before but will defo be back again.
Rachel Turner