Very Low Mileage Car Insurance: What You Need to Know

The Benefits of Very Low Mileage Car Insurance

If you’re a driver who doesn’t put too many miles on their car each year, you may be able to save money by getting very low mileage car insurance. Also known as “low mileage discounts”, this type of policy helps drivers save on their premiums by taking into account their reduced risk. After all, the less you drive, the lower the chances you’ll end up in an accident and need to make an insurance claim.

The amount of money you can save with a low mileage car insurance policy can be significant. Depending on the carrier and the amount of miles you drive, you could save anywhere from 10% to 25% on your premiums. This can be a great way to reduce your overall auto insurance costs, especially if you’re not on the road all the time.

Qualifying for Very Low Mileage Car Insurance

Not everyone is eligible for a low mileage car insurance policy. To qualify, you must drive fewer than the set number of miles per year that the insurer has established. This number varies depending on the insurer, but typically ranges between 7,500 and 10,000 miles per year. If you drive more than that, you may not qualify for these discounts.

It’s important to note that in addition to mileage, there are other factors that insurers consider when determining your rates. These include your driving record, age, gender, and the type of car you drive. Even if you drive fewer miles than the set amount, you may not qualify for a low mileage car insurance policy if you have a poor driving record.

Proving Your Low Mileage

In order to get very low mileage car insurance, you’ll need to prove to your insurer that you drive the appropriate amount of miles each year. To do this, you’ll need to provide documentation such as a recent odometer reading or a logbook of your driving activity. Some insurers will accept an estimate of your annual miles, while others may require proof.

It’s important to note that the mileage you provide will be verified by the insurance company, so be sure to be honest with your estimate. If the insurer finds that you’ve misstated your mileage, you may not be eligible for the discount.

Choosing the Right Very Low Mileage Car Insurance Policy

When shopping for very low mileage car insurance, it’s important to compare policies from different insurers to find the best deal. Be sure to look at the discounts they offer, the deductibles they have, and the coverage they provide. You should also read reviews of the company to make sure it’s reputable and trustworthy.

By taking the time to shop around and compare policies, you’ll be able to find the right very low mileage car insurance policy for your needs. With the right policy in place, you’ll be able to enjoy the savings that come with driving fewer miles each year.