Low Cost Car Insurance

With the high cost of gas and long commutes for us in the present economy, every penny saved is a big deal! You might be surprised to find that most major US auto insurance companies offer a discount on your premium if you drive under a certain number of miles per year. Generally speaking, “low mileage” is considered anything under 7,500 miles, and your discount could be anywhere from 10% to 12%. However, State Farm claims the savings may actually reach 18%. Now THAT’s something to get excited about!

Even if you drive over 7,500 miles a year, if you have drastically reduced the number of miles you drive this year, you may also be elgible for a discount. Basically, the more you drive, the more you pay. Likewise, the less you drive, the less you pay! Now that sounds fair!

So how do you find which insurance is best, or if your current provider offers these discounts? If you already have car insurance, I urge you to contact your agent or provider today to see what they can do for you. If you are shopping around for insurance, the internet is a great resource. It’s hard to give a hardline answer across the board, as policies vary by state, but a google search of low mileage car insurance for your state should turn up some great results. There are even people that are trying to push a pay-as-you-go car insurance plan, based on how much you drive! Now that is a different concept!!!!

One other thing to keep in mind when you are looking for the cheapest car insurance possible is age and status. If you get married, your insurance policy will immediately get cheaper. If marriage is in your near future, make sure your car insurance provider knows so you can take advantage of the discount. Also, as you move out of your teens and into adulthood, rates drop. And as we’ve discussed this whole article, if you drive less, you may be able to pay less. And that’s good news for all of us! Check it out! You may just save some money.