What is the best annual mileage for insurance?

What should I put for annual mileage?

Multiply the weekly mileage figure by 52 to give annual mileage. Make sure you choose a week that is representative of your normal driving routine. Add 5 percent to the annual mileage figure to cover unplanned trips and as an error margin.

What is considered high mileage for insurance?

Since 12,000 miles per year is considered the average, this is usually the default mileage an insurance client is typically rated for when receiving an insurance quote.

What is considered high-mileage in auto insurance?

Annual mileage Average six-month premium
10,000 – 15,000 miles $965
15,000 – 20,000 miles $972

What is the lowest mileage for insurance?

Most insurance providers consider someone who drives between 0 and 7,500 miles per year a “low-mileage driver.” Most insurance consumers are initially rated by default at the standard U.S. average mileage of 12,000 miles per year. However, some motorists drive far fewer than 12,000 miles per year.

Is car insurance cheaper if you do less miles?

Insurance giants spread the cost of cover for drivers across all of their customers to keep insurance premiums affordable for higher mileage drivers. However, as a result, lower mileage drivers tend to end up subsidising higher mileage drivers‘ increased risk and paying more despite driving less, the research claims.

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What is considered high-mileage per year?

What is considered high-mileage? Typically, putting 12,000 to 15,000 miles on your car per year is viewed as “average.” A car that is driven more than that is considered high-mileage. With proper maintenance, cars can have a life expectancy of about 200,000 miles.

Can you lie about mileage on insurance?

Lying about mileage. High-mileage drivers typically pay more for insurance. If you spend a lot of time on the road, insurers reason, your odds of an accident are higher. … Saying you drive less than you do may seem like harmlessly fudging the truth, but it’s still not a good idea.

How high is too high mileage?

The average amount of miles put on a vehicle every year is between 10,000 and 15,000 miles. Anything above this is considered high mileage. Another popular opinion on what high mileage means is any car with over 100,000 miles on it. This is generally a standard when purchasing a used car.

What mileage is good for a used car?

What Is Good Mileage for a Used Car? Mileage will vary between vehicles, but a decent rule of thumb to follow is that people drive an average of about 12,000 miles a year. Therefore, 120,000 miles would be a good mileage for a used car that’s about 10 years old.

Is 80000 miles too much for a used car?

Ideally, you will want to choose something under 80,000 miles and take reliability into account. For example, a reliable vehicle like a Honda Civic with 50,000 miles may be a better purchase than a Ford Taurus with 30,000 miles of the same year or age.

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What does Safeco consider low mileage?

Safeco low-mileage driver discount

Safeco’s requirements are for drivers to drive less than 8,000 miles a year.

What is Safeco low mileage discount?

Safeco also offers a low-mileage discount program. If you’re older than 25 and drive your car less than 8,000 miles each year, you could get up to 20% off your auto insurance. This could be a solid option for those who work from home or those who frequently use public transit.

How many miles is low mileage discount?

When car insurance companies offer you a rate, it’s usually based on the standard national average. However, you might be able to get discounts by being a low-mileage driver. In general, low-mileage drivers are people who drive less than 7,500 miles per year.