How do you work out how much my coverbox insurance for the year will cost if I haven driven the miles yet?
As with standard motor insurance you answer a set of questions that calculates an annual premium. With Coverbox there is one difference, once you answer the risk questions it calculates the risk premium for you and your vehicle. We then ask you how many miles a year you think you will drive and when you think you will drive those miles. Once we have that information we apply the cost per mile and time multipliers to forecast a premium. It is important to think about the miles you will drive and when you drive the most so you can get a correct forecast on the cost of Insurance.
