HOW DO I CHANGE MY ANNUAL MILEAGE?
You can change the annual milage for your policy at any time, directly through My Portal.
It is a legal requirement to ensure all details on your policy are correct and accurate, including the annual mileage you are estimating to do.
To change your annual mileage, select the policy you would like to make the adjustment to, followed by the ‘Manage Policy’ button and then ‘Manage your Policy’ in the pop up.
Next, select ‘Update Annual Mileage’ from the options available and complete the form by entering the new annual mileage estimate.
You will normally receive an instant quotation for the change, which you can review prior to confirmation. In some cases, an agent is required to review this and the change will be submitted as a request. Requests are usually fulfilled within the same working day, however they can take up to two working days.
To make things easier for you, we have outlined the six simple steps you need to take in order to change your annual mileage below:
Pricing
For changes made through the online portal, there will be a reduced admin fee of £40.
Your premium may increase, decrease or stay the same depending the underwriters risk criteria based on the new details.
Additional Premium
As a rule of thumb, increasing your annual mileage will likely offer a higher premium. The difference in premium would be required to be paid in order to maintain cover.
Return Premium
Reducing your annual mileage may have an impact on your premium, which may cause it to decrease. You would receive a refund for this difference or have your monthly instalments adjusted accordingly.
Stagnant Premium
In many cases, your premium will remain the same and you would only be required to pay the admin fee.