Yup, but there are things you can do to cut your rates
There are a variety of factors that contribute to the cost of car insurance, and many might surprise you. Previously we have explained the impact of things like credit scores and income, but now we want to discuss an area that may actually make the most sense: mileage.
Chances are you use your car quite a lot, with commuting to and from work probably contributing the most to the miles you drive. Statistics say the average commute is 16 miles one way, but a lot of people have to drive two- or three times that number.
Why would more miles mean higher rates?
The answer to this is actually pretty simple: The more time you spend out on the roads, the more likely it is that you will be involved in an accident. This is why when you first got auto insurance you were most likely asked for the number of miles you drive every year.
To calculate rates, insurance companies use their own guidelines. When it comes to mileage, most generally consider 12,000 for the year on average. If you generally drive more than that, you should be prepared to have higher premiums.
There’s good news for people who don’t do a lot of driving
If you work from home or live in an area where you don’t have to do much driving, you may be able to cut your car insurance rates. Many insurances companies offer drivers a low mileage discount, and this is something you should be sure to ask about.
Don’t lie to your insurance company about your mileage
Just like with pretty much all aspects of life, honesty is the best policy when it comes to how much you drive. While it may be tempting to fudge the truth a little with your insurance company, you don’t want to do this. If, for example, you say you only drive 10,000 miles every year but the actual number is closer to 15,000, and this affects your insurance, this is considered fraud. Plus, if you have any sort of claim, your mileage will be checked. If the number is not what was expected, your claim could be denied and your policy might be canceled.
3 tips for driving less
Car insurance can be pricey, so it’s in your best interests to do what you can to cut your premiums. Qualifying for that low mileage discount is an excellent place to start, and these tips can help you get there:
Now, this isn’t an option everyone can take advantage of, but you should find out if it is feasible. It’s possible you and a co-worker or two don’t live too far from one another and can split driving duties. If you’re constantly driving your kids around, there are almost certainly other parents going to and from the same places.
2. Walk or ride a bike
One of the best things about South Florida is that the weather is good most of the time, which is excellent for walkers and bike riders. And while work may be too far away for this, think about all of the other places you drive to. You’ll probably find that several are nearby. Walking or riding your bike cuts down on your car mileage and also lets you get some exercise.
3. Better plan your days
How often do you run errands and end up driving all over town? Or you get home only to discover that you forget something and have to go back out again? All of these frequent trips really make the miles add up on your car. To avoid this, write a list of what you need before you head out. Also, if you’re going to multiple spots, take some time to plan your route so you drive the fewest number of miles.
Want to see if you can cut your car insurance costs? Get in touch with Avante Insurance for a free quote.