Granite Underwriting is a specialist underwriter of niche and non-standard motor insurance who have been established since 1982. With our experienced team of underwriters and a flexible approach, we compete in areas of the market that more traditional insurers do not target.
Who owns granite underwriting?
Following Inflexion’s investment, Granite’s founding shareholders Alan Keating and Martin Gowing will continue to lead the business. “The management of Granite stand out as talented and ambitious in an industry we know well,” commented Simon Turner, managing partner of Inflexion.
Does commuting increase car insurance?
If you use your vehicle to commute three hours to work every day, you will generally pay more in insurance premiums than someone who only drives one mile a day.
What is the definition of commuting for car insurance?
Commuting. Commuting is the next class up, and covers everything included in Social, Domestic and Pleasure, plus driving to and from one place of work in a day. Driving your car to the train station and leaving it there while you go to work counts as commuting for some insurers.
What is Granite insurance? – Related Questions
How much extra does it cost to add commuting to car insurance?
Reviewed by Shannon Martin, Licensed Insurance Agent. On average, the monthly premium rates for commuter car insurance range from from $120-150, which can be more expensive than a non-commuter (or “pleasure”) insurance plan, depending on your circumstances.
Can I use my car at work?
If you use your own car or van for business travel, there is the statutory system of tax-free approved mileage allowances available. The maximum amount per business mile is known as the approved mileage allowance payment (AMAP). Your employer can pay or reimburse you up to these amounts on a tax- and NIC-free basis.
Is it better to say commute or pleasure for car insurance?
There’s no difference between pleasure and commute car insurance plan coverage, though car insurance premiums are generally higher for commuters. Be honest when deciding whether your car is used for commute or pleasure purposes, as insurance companies check mileage on pleasure vehicles.
What does social domestic and pleasure excluding commuting mean?
Social, domestic and pleasure only (SDP)
This use will cover the regular driver and any named drivers to use the vehicle solely for social, domestic and pleasure use. This excludes any travel to and from work or business use.
Does university driving count as commuting?
Commuting use on your policy means that you are covered to drive to and from a place of work or study. This means you are covered to drive to work as well as university.
How many pleasure miles do you drive per year?
Average miles driven per year broken down by state
| State |
Average Miles Per Driver |
| Alaska |
11,111 |
| Arizona |
13,090 |
| Arkansas |
17,224 |
| California |
12,524 |
What mileage is too high for a used car?
What is considered high mileage on a car? Often, 100,000 miles is considered a cut-off point for used cars because older vehicles often start requiring more expensive and frequent maintenance when mileage exceeds 100,000.
How do car insurance Know your mileage?
Generally speaking, insurers will ask you for an estimate of your total mileage, but they might also take an annual odometer reading for verification purposes as well. If they choose to use databases or repair shops’ information, they could have an accurate odometer reading at any point in time.
What happens if you lie about mileage on insurance?
If they find out you have lied about how many miles you drive, they can cancel your insurance, deny your claims, or even have you charged with insurance fraud. Saving a few dollars on cheap car insurance isn’t worth any of that. Each company will weigh how many miles you drive differently.
Do insurance companies spy on you?
Insurance companies hire private investigators to obtain video footage of clients who’ve suffered the most serious injuries even when liability is clear. With the rise of social media, insurance companies have increasingly started spying on personal injury claimants online.
How many miles should you put for insurance?
But 8,000-10,000 miles per year is considered fairly standard, so if you drive far less than that, you could be on track for discounted insurance.
Does insurance check your miles?
Calculating how many miles you drive each year may seem like a tricky task but it’s important to get it right. Mileage is one of the factors used by insurers to calculate your car insurance quote, and underestimating it could result in your policy being invalidated.
Should your car insurance go down each year?
Does car insurance decrease over time? Yes, car insurance decreases over time. You may find that your auto insurance rates go down as you get older or have teen drivers on board. And you might get discounts if you take out insurance with the same company for three to five years.
Is 3000 miles a year low?
The most common low-milage cut-off is anything under 3,000 miles per year.