If you have a car but don’t use it frequently, you might benefit from a pay-per-mile car insurance program to save on your insurance premiums. That’s because insurance companies base their rates on risk, and the less you drive, the lower your risk generally is of getting in an accident.
Some of the reasons you might be a low-mileage driver could include, but are not limited to, any of the following:
- You’re a retired senior citizen and don’t need to drive as much as you used to
- You take the bus, ride a bicycle, walk to work, or work from home
- You carpool with others, thus reducing the number of miles you drive
- You have a second vehicle that you use for running errands so you put fewer miles on your primary car
Any of these reasons might be lowering the miles you’re logging. It could be worthwhile … Read more