Have you over-estimated the miles you will drive this year? Your insurer could give you a discount - but you must tell them...

While this is usually a warning for those who are tempted to lower the number they actually drive, in an attempt to decrease their premiums, some drivers are concerned they may now have the opposite problem.  With millions of motorists being furloughed or stuck inside due to lockdown, this has led to a massive decrease in cars on the road.  Therefore, some motorists will no longer being driving the number of miles they estimated on their policy - and for some, it could be a considerable distance.  Car insurers ask drivers to predict their mileage as accurately as possible so they can better understand the risk they pose by how far they drive. By contract, drivers who estimated their miles assuming they would still be going to work every day are now actually finding they are driving far less – some barely at all.  This is Money asked major car insurers and industry experts whether they would invalidate any policies if the driver overestimated their mileage and whether a discount could be offered. 'If a customer thinks they will be driving significantly more, or less, over the term of their insurance policy they can amend their annual mileage themselves online via Admiral MyAccount. However, it also confirmed customers could have their policies reduced if they are now driving less.   A spokesperson for Aviva said: 'Customers should ensure that any answers they give to insurance proposal questions are accurate at the time the policy is taken out.  'Customers who are driving significantly less are able to review their annual mileage and make changes to this, if they feel it will be significantly reduced. Customers who pay monthly may have their outstanding premium reduced, while annual customers may receive a refund.' Axa also confirmed it wouldn't penalise a customer for inadvertently over-estimating the amount of miles they drive each year, especially in the current situation but added they should make it aware of any substantial changes to their policy. '  A spokesperson for GoCompare said: 'If a driver is under-estimating their mileage, this could potentially invalidate cover as it's down to the wear and tear of the car and the potential risks involved when driving a higher number of miles.  'If a driver has overestimated their mileage for this year, it just means they could be paying slightly over the odds.  'The Financial Conduct Authority and Association of British Insurers have made it clear that insurers must act fairly during this time, and consider that customers aren't living their normal lives.