How you use your bike and how many miles you do
If you use your bike to commute to work, you may pay more than if you just use it for social, domestic and pleasure purposes (although this is not always the case). That’s because you’ll potentially be riding during rush hour – the busiest time on the roads – when an accident is more likely to occur.
When you take out an insurance policy, your provider will ask how many miles you drive on average – it’s one of the main factors used to calculate your insurance premium. If you can restrict the number of miles you do each year, you may be able to cut the costs.
Try to be as accurate as you can when you work this out. If you overestimate your mileage, you could end up paying more than you need to, but set it too low and your insurance provider could decide not to pay out if you make a claim.