Drive Less To Save On Auto Insurance Coverage
Posted on June 9th, 2010
In case you are just like many other people throughout the nation, you are attempting to conserve wherever possible. During these challenging times, almost everyone is trying to find effective ways to conserve a few dollars. This is one method to hang onto your cash: think about walking to your job or even the mall rather than taking the car. You’ll cut fuel costs and get a little exercise-you also may be entitled to an invaluable price reduction on your car insurance rates.
Reduce miles driven, Save premiums Many insurers make available what’s called a “drive less, pay less” insurance policy for motorists that accrue lower than typical mileage on their cars each year. Depending on your insurance company, you could save as much as 18 percent if you drive under 7,500 miles per year. However, these types of plans are available only in certain states. If you are trying to conserve cash, you can ask your insurance company if you are eligible for this low-cost coverage.
Policy details
The “drive less, spend less” policy varies with each insurer. While some insurers will take your word for it on your yearly mileage, others require evidence.
You can also find insurers which give even greater discounts-but they closely monitor their drivers. As an example, at least one insurer will require an OnStar membership to be on the drive less plan. Even though an OnStar subscription costs just $19 per month, you could save up to 54 % on your auto insurance should you drive under 15,000 miles a year with this plan. By performing a quick cost benefit study, you may find it’s worth the extra $19 a month.
Yet another insurance company provides an option to set up a small, wireless device inside your vehicle to observe your miles driven and your driving habits. Although it might be a little strange to grasp that “Big Brother” is constantly watching, you can save loads of money with this policy.
If you wish to stay away from overpriced auto insurance, ask your insurance company if they offer a “drive less, spend less” plan. Otherwise, you should think about moving over to a company which offers these low-cost car insurance plans.
If you are worried about locating the best auto insurance, be sure to stop by our site. Numerous guides are available on securing the best auto insurance rates.
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