Insurance Estimated Mileage

[squirrel_hunter]

My 2MA is on classic insurance which has limited mileage on it. I asked the insurer about this who told me to ignore the restriction, as they aren't bothered and aren't going to do anything to check. Interesting...

I can't remember what I have down as my mileage on my standard policy bikes. No one has ever asked me what miles I've actually covered...

[Tomor]

Bet it would be different if you had an accident and they had to pay out.......

Sent from my magical portable device

[squirrel_hunter]

Possibly. However I have a mate who has 3rd party on other bikes, I often give him the keys. Plus there's those trackdays I've been on...

[aesmith]

I'm sure they'd go by the mileage the bike has done, irrespective of who was riding and whether on road or track. If they could be bothered to check of course.

When I renewed the SV I realised that I'd gone over the 10K (courtesy of a mild winter), but the insurers raised it to 15K without any change in premium.

For the original poster, it sounds bonkers to me. Presumably they're concerned about a new rider, but how do they expect you to gain experience if you're limited to 2000 miles a year? Have you tried different insurers?

[SIII]

When I had a classic policy, I had to declare the mileage of the car when I took out the policy, never had to do this for the bike, so how do they know how many miles you have done ????

[Sir Trev]

I've never been asked for the odometer reading either.

[Littlepeahead]

My insurance company said they ask but it wouldn't make any difference in a claim. I checked as I had the SV off the road and the BMW was fairly new after my foot op so I didn't know if I'd ride the SV at all (I didn't) or if the BMW proved less painful to ride and we had a good summer that I would do more miles than expected (which I did). But overall the mileage was around the combined amount that year was what I'd stated for both bikes.

I guess if you say you are doing 2k a year and you do 25k then if the bike were to be written off then a higher mileage might affect the stated value of the bike?

[yokohama]

Originally Posted by SIII

When I had a classic policy, I had to declare the mileage of the car when I took out the policy, never had to do this for the bike, so how do they know how many miles you have done ????

They won't know exactly but if you've had the bike over a year, they can access the mileage from the previous MOT certificate. For me, the insurance is due in December, MOT is February so i have to make sure i don't go over 5000 miles between February and December.

[NTECUK]

Surly if you do too few a miles your a risk as your out of practice as well as if you do 6.000 + as your more likely to come across Mr white van man(other idiots are available) who can crash into you!
I have to declare I use my for commuting and its a big % incress on the Daytona.

I've put 5000 down just for piece of mind, it increased my insurance by £100 but whatever. That's not the problem I have now - I have to have my bike restricted, and that apparently comes under modifications. If I select it my insurance automatically doubles to £1400 - ridiculous! I'm not paying that, why would it double for REDUCING the power of the bike.. Should I not declare it?

They have the option to select 'restricted license for less than 3 years' - if I select that and don't declare the restrictor under modifications would I be held liable?

I'm getting quotes with complete cover group for reference and have the 'A2' license