Will I save money with mileage-based car insurance?
Is it cheaper for me to get per mile insurance if I work from home and no longer commute?
“Pay per mile insurance, or mileage-based insurance, is a great way to take control of your insurance costs if you drive little or infrequently. Keep in mind, this type of car insurance is not available in every state.
When this type of policy is available, insurers typically charge a daily or monthly base rate regardless of the miles driven. An additional rate is charged per mile driven.
The most popular companies for this type of policy:
Pay-per-mile rates are still impacted by the rating factors that would impact a standard auto policy:
- driving record
- driving experience
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Browse by topics
What others are asking
What annual mileage is considered low mileage for insurance discounts?
How many miles can I drive in a year and still get a low mile discount from my car insurance company?
Jul 09, 2021
What car insurance company will insure luxury cars?
What insurance company will best insure a luxury car? My wife and I are thinking about splurging and getting ourselves a luxury car. We can only afford to do so because we are so careful with our finances. In order to consider everything, we want to start getting insurance quotes.
Jul 09, 2021