MyPolicy car insurance review

Find out what's included in the telematics ("black box") car insurance through MyPolicy and whether fewer miles could mean lower premiums.

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MyPolicy

Do you have low mileage but pay over the odds for your car cover? MyPolicy is a broker specialising in mileage-based black box policies. It believes its customers also become safers drivers, which could mean lower premiums. Here’s what else you need to know.

Who is MyPolicy?

Since being established in 1995, MyPolicy has focused on telematics technology – this means it fits a black box to customers’ cars as standard in order to monitor driving and braking habits. This broker also caters to a range of drivers, including young and low-mileage drivers and commercial vehicle drivers.

What are MyPolicy’s levels of cover?

MyPolicy’s Third Party cover

Third party cover is the minimum level of cover that is offered by MyPolicy. To be on UK roads, all drivers are legally required to have at least this level of car insurance. If you are responsible for causing an accident, you’ll be protected for damage to third party vehicles or property. You won’t be protected for any damage to your own car.

Don’t assume this is the cheapest option because it offers the least protection. Sometimes, this cover may work out more expensive than comprehensive. Check each cover level to see which offers the best value for you.

MyPolicy’s Third Party Fire and Theft cover

You’ll get the same level of cover as third party but this will also provide protection against any fire damage or theft of your car.

MyPolicy’s Comprehensive cover

This is the greatest level of cover on offer and will provide the same protection as the other levels as well as insuring your vehicle against accidental damage and vandalism.

It’s always worth getting a quote for comprehensive cover, as in some cases, it can be cheaper than lower levels of cover due to the risk profile of customers who choose them.


What is covered through MyPolicy?

The specific benefits to your insurance policy will vary depending on the level of cover you choose and the insurer that provides your cover through MyPolicy.

Check your policy details carefully to ensure you have the right cover for your needs.

Optional extras

MyPolicy offers some add-ons, including:

  • Breakdown cover
  • Legal cover

General exclusions

Any cover arranged through MyPolicy is likely to become invalid if any of the following arises:

  • Your car is being driven by an unnamed driver on your policy or by a person that does not have a valid driving licence.
  • Your car is used for rallies, races or competitions.
  • You fail to pay for your premium.
  • You are paid to carry passengers.
  • You change your car during the policy term to a car that the insurer cannot cover.
  • You do not provide the correct documents to support your application.

Check your policy document for further details to confirm your cover is valid.

How to save on your car insurance policy through MyPolicy

  • Check comprehensive. Contrary to what you might think, comprehensive cover can often be cheaper than third party, fire and theft so it’s always worth checking. This is because of the risk profile of many drivers who choose third party or third party, fire and theft.
  • Park securely. Cars kept in a garage or on a secure driveway are usually cheaper to insure.
  • Reduce mileage. If you start working part-time or your long commute becomes much shorter, letting your insurer know about a reduction in your mileage could result in cheaper insurance.
  • Increase the excess. Agreeing to pay a bigger voluntary excess could make your overall premium cheaper. But remember that your insurer won’t pay out for a claim that costs less than your excess. So be careful about making it too high, as it could leave you out of pocket if damage occurs.
  • Pick a smaller car. Choosing to drive a small and safe car is likely to lower your premium.
  • Drive carefully. You driving and braking habits will be monitored closely through the telematics smart box fitted to your car so consistent safe driving is likely to lower your premium.

What is my excess?

Your insurance excess is the amount of money you have to pay towards a claim. Your insurer won’t pay out for a claim that costs less than this amount.

A voluntary excess is usually an amount that can be set by you when taking out a policy. You’ll have the option of adding or increasing a voluntary excess, which could in turn reduce your premium.

Meanwhile, a compulsory excess amount might vary depending on the age of your car and your driving experience.

You’ll find details about any compulsory or voluntary excesses in your policy document.

What is the claims process for MyPolicy?

There is no direct MyPolicy claims helpline to call to make a claim. Instead, call the claims helpline listed in your policy document. This claims helpline will be specific to the insurance provider that your policy is held with.

You’ll need to have your insurance policy details as well as all facts about the incident to hand.

It’s important that you let your insurer know about an incident as soon as possible, even if it’s not your fault. A delay in reporting an incident or failure to report it could result in a rejected claim later on.

Frequently asked questions


Please take reasonable care to answer all the questions honestly and to the best of your knowledge. If you don't answer the questions correctly, your policy may be cancelled, or your claim rejected or not fully paid. The offers compared on this page are chosen from a range of products we can track; we don't cover every product on the market...yet. Unless we've indicated otherwise, products are shown in no particular order or ranking. The terms "best", "top", "cheap" (and variations), aren't product ratings, although we always explain what's great about a product when we highlight it; this is subject to our terms of use. When making a big financial decision, it's wise to consider getting independent financial advice, and always consider your own financial circumstances when comparing products so you get what's right for you.
*51% of consumers could save £200. Quote aggregator Seopa split the insurers on its comparison systems into different categories. It then selected quotes from the most popular providers as well as quotes from other providers which returned a price. It then selected providers, weighting them according to UK insurance market share (data from the Association of British Insurers), choosing the cheapest of either the most popular providers or other providers ("the cheapest selected quote"). Seopa then compared the cheapest quote on its system against this "cheapest selected" quote. The company then took the savings figure which 51% or over could have saved, using that formula. The savings you could achieve will depend on your individual circumstances and how you selected your current insurance supplier.
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