A traditional low-mileage discount offers a break to drivers who rack up annual mileage under a certain threshold, such as 7,000 miles a year. In most states, according to data gathered for Insurance.com by Quadrant Information Services, the discount cuts the rates on a full-coverage policy by an average of 2 percent. (The savings are much bigger in California because of that state's laws.
Well, if they all claim to save you that much… are those savings really possible with every insurer? Absolutely not! Every insurer is different miles auto insurance va. They each give different savings depending on unique factors. We used data submitted to the Virginia Bureau of Insurance for three representative profiles in our study: a 20 year old single male, a 20 year old single female, and a married 45 year old adult. Each driver has had a clean driving record for the past three years - no accidents or traffic violations or point additions. They drive a 2013 car in the $25,000 range to and from work 12,000 miles a year.Scott is a Product Manager by trade and has spent the better part of his insurance career designing and pricing non-standard auto insurance products. The MILE auto insurance product is an outgrowth of this experience, combining progressive rating variables with ease of use elements learned from years of interactions with non-standard auto insurance agencies. Prior to co-founding MILE, Scott was responsible for product design and pricing for a book of $100 million of premium in Georgia, Virginia, Alabama and other states. Miles Auto Insurance Va - Get Quick Car Insurance Quotes Online. would receive an average insurance discount of $270 per car if all motorists had pay-as-you-drive insurance cheap car insurance in kingsport tn. The Low-Mileage Discount rewards drivers for their eco-driving lifestyle with substantial auto insurance discounts.
A 10 percent reduction in driving is estimated to result in a 17 percent reduction in crashes. The 210,000 residents paid about $2,765 a year to insure their cars in Richmond, the capital of the Old Dominion and former capital of the Confederacy. Car insurance rates in this city were middle-of-the-road for the three driver profiles compared to the other cities in the study. In addition to USAA, Travelers Home and Marine Insurance Company had the best car insurance rates per year of $1,465. On the other end of the spectrum was Nationwide Mutual Insurance Company, with annual premiums of $5,469.