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Pay-per-mile car insurance policies are suitable for low-mileage drivers, after a small base rate coverage premiums are based on miles driven.
Car Insurance For Low Mileage Drivers
Here at the Guides Auto Team, we'll explain mileage car insurance, how it works and whether you should consider buying it. We'll also discuss two auto insurance companies that offer pay as you go insurance coverage that are worth getting free quotes for.
Usage Based Insurance Programs
The chauffeur team is committed to providing reliable information to help you make the best possible decision about insuring your vehicle. Because consumers trust us to provide unbiased and accurate information, we've created a comprehensive rating system to rank the best auto insurance companies. We've collected data on dozens of car insurance providers to rank companies based on a variety of ranking factors. After 800 hours of research, the final result was an overall score for each provider, with the top-scoring insurers at the top of the list.
Pay-per-view auto insurance allows you to pay for coverage based on how much you drive. Therefore, it can be a good choice for people who work from home or those who go to the office for short periods of time.
Drivers who do not drive their car a lot of kilometers avoid excessive wear and tear on the vehicle and save gas. Pay per mile car insurance can be cheaper than your current policy and offer the same coverage as standard insurance.
Pay-per-mile car insurance monitors your driving distance via a mobile app or plug-in device. Premiums are determined by your total distance driven, and short distance drivers get lower car insurance rates.
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There are two ways your car insurance provider can track your mileage: a telematics device or a phone app. A physical telematics device (also known as a dongle) is installed or connected to your vehicle, while the app can be downloaded directly to your smartphone.
Whichever option you choose, your insurance will collect detailed information about your driving habits. Auto insurance companies collect key metrics such as speed, braking and mileage to determine a tailored premium.
Although car insurance rates per mile are based on several factors, policies typically cost about six to seven cents per mile. As the name suggests, insurance premiums per mile are largely determined by the number of miles driven in each policy period.
Each pay-as-you-go insurance program charges a base rate (monthly or daily) and a mile rate. Ultimately, your specific insurance premium is based on a number of standard car insurance cost factors such as age, driving history, location and marital status.
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Mileage insurance can be a good idea for those who don't drive often. If you drive less than 10,000 miles per year, a per-mile insurance policy may be your best option at an affordable price. If you use your vehicle for daily commuting, this type of car insurance may not save you much money.
Drivers who tend to receive high rates due to factors such as age and driving history may find a good deal on mileage coverage. Mileage-based programs give less weight to these factors. One mileage insurer, Metromile, has a trial period to see what your mileage insurance rates might be.
The table below lists the different companies that offer per kilometer insurance. In each case, the programs are not available in all states.
Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska Nevada, New Hampshire, New Jersey, New Mexico, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Cheap Auto Insurance (2023)
Arizona, Delaware, Florida, Idaho, Illinois, Indiana, Maryland, Massachusetts, Minnesota, Missouri, New Jersey, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Texas, Virginia, Washington, West Virginia, Wisconsin
While premium insurance can be a good choice for low-mileage drivers, there are other mileage-based car insurance options that may be a better fit in some cases.
Most mileage-based programs only track mileage. Some providers, such as Metromile, will also track information related to the health of your vehicle, such as fuel consumption. On the other hand, safe driving telematics programs monitor a variety of factors, including distracted driving and heavy braking.
Usage-based insurance is similar to pay-per-mile insurance in that it monitors your driving behavior via a mobile app or plug-in telematics device. This type of insurance offers reduced rates depending on the type of driving, including the total distance traveled. Usage-based insurance also measures driving factors such as turning, braking and the time of day you typically drive.
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You can get usage-based coverage from many providers instead of mileage coverage. Rates are not directly determined by distance driven, and these programs usually have a maximum auto insurance discount.
Although they may seem similar, car insurance per mile differs with the low mileage discount offered by some insurance companies. Low mileage discounts take a percentage of the total cost of your car insurance premium, and car insurance costs per mile are calculated based on how far you drive.
Low mileage car insurance is worth considering if you don't put a lot of miles on the odometer each year. Several companies offer auto insurance coverage, such as Nationwide and Allstate. It's worth asking them and other car insurers for a free quote.
Even if you're considering mileage insurance, we recommend comparing traditional policy rates to make sure you're getting the best deal on car insurance. Get free car insurance quotes from the providers below. We recommend Geico and Progressive for fair pricing, discount opportunities, and pay-per-mile programs.
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Geico offers a wide range of coverage options and a proven track record of customer service. Geico also tends to be one of the cheapest insurance options for many drivers because of the wide range of discounts available.
Although Geico does not have a mileage insurance program, it does have a discount service based on mileage. DriveEasy monitors distance traveled and other driving habits such as braking and cornering, offering reduced rates for good drivers.
Pay-per-mile insurance may be a good option for some high-risk drivers. This is because the total distance traveled is more important than your driving record. However, if you drive regularly, this type of policy will be more expensive than regular car insurance.
Progressive offers many discounts aimed at teenagers and senior motorcyclists. Based on our cost research, drivers with multiple DUIs and traffic violations see lower rates with Progressive than other insurers.
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The provider has a usage-based insurance application called Snapshot®. In some cases, you'll get an automatic discount just for participating. You can learn more in our advanced insurance review.
Generally, people who drive less than 7,500 miles a year will get low mileage discounts on their car insurance. If you drive less, consider contacting your insurer to see if they offer auto insurance per mile.
Customers typically pay a basic daily or monthly rate, plus a fee of about two to 10 cents per mile. The best insurance companies by a mile are Allstate and Liberty Mutual.
Overall, Metromile is an auto insurance company that offers good per-mile options for drivers who don't rack up too many miles.
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Because consumers trust us to provide unbiased and accurate information, we've created a comprehensive rating system to rank the best auto insurance companies. We've collected data on dozens of car insurance providers to rank companies based on a variety of ranking factors. The final result was an overall score for each provider, with the insurers with the most points ranked at the top of the list. Developed in partnership with global vehicle and data management company IMS (Insurance & Mobility Solutions) based on More Than's Low Miler usage. the product uses a smart device to offer a "fairer" way to secure car insurance for those who drive less or drive shorter distances.
Here's how it works: Low Miler customers choose a mileage allowance of up to 7,000 miles per year. They are then sent a device that connects to the vehicle via a plug inside the car or under the hood. The device tracks customers' mileage, regularly updates their mileage and allows them to purchase additional kilometers if needed.
"The way we drive and use our cars won't be the same for some people as we get through this pandemic. With more flexible work schedules and fewer trips, maybe some people will drive less. Recognizing this need can help everyone get the best insurance. their needs, we want to make sure that's why we've launched MORE TAN Low Miler, an innovative way to link rewards to customer mileage.
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