Reduce Mileage To Save Money On Car Insurance

June 27, 2010 by: John Gaddy

If you’re like many other people across the nation, you’re probably pinching some serious pennies today. During these challenging times, everybody is trying to find imaginative methods to conserve a few bucks. Here’s one way to hang onto your dollars: think about walking to work or the grocery store rather than taking the car. You’ll cut fuel costs and get some exercise-you may also be eligible for an invaluable discount on your car insurance rates.

Reduce miles driven, Save premiums Many insurers make available what’s referred to as a “drive less, pay less” plan for drivers who drive less than common miles on their cars annually. Dependent on your insurance provider, you could save as much as 18 percent if you drive under 7,500 miles per year. However, these types of policies are offered only in a few states. If you are looking to conserve cash, check with your insurance company if you may be qualified to apply for this cheaper coverage.

Policy details

The “drive less, pay less” program differs with each and every insurance company. Although some insurance companies will accept your statement on how many miles you drive each year, some need evidence.

You can also find insurers who provide you with increased discounts-but they carefully keep track of their motorists. As an example, at least one carrier requires an OnStar membership to enroll on the drive less plan. Even though an OnStar membership costs just $19 per month, you could save as much as 54 percent on your auto insurance if you drive under 15,000 miles a year under this plan. By executing a quick cost benefit study, many times it is a good idea to spend the additional $19 monthly.

Yet another insurer offers an option to install a tiny, wireless device inside your vehicle to watch your mileage and your driving routines. Although it may be somewhat nerve wracking to be aware that someone is constantly watching, you stand to save lots of cash with this policy.

If you wish to stay away from overpriced car insurance, you can ask your insurance company if they offer a “drive less, pay less” plan. If not, you should consider moving over to some company that has these inexpensive car insurance.

If you are stressed about locating the best auto insurance, don’t delay to browse our site. Numerous resources are available on finding the best auto insurance quotes.

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