The Mileage Rebate is calculated by comparing actual mileage with estimated mileage. You can earn up to a maximum of 6% rebate as a percentage of your premium.
If you’re a renewing customer, we will use historical data to calculate the estimated mileage. A rebate will be achieved when the average mileage improves from the estimate.
If you’re a new customer, we will need an accurate estimation of mileage from you, so that we can calculate this effectively. Please ensure that this is part of the information gathering stage of your onboarding process, otherwise there will be difficulty in unlocking the rebate. This is so that we can also accurately price your policy.