USAA offers the cheapest low-mileage car insurance at $939 per year or $78 per month. Erie Insurance and Auto-Owners Insurance also have affordable rates.
USAA : $46, GEICO : $55, State Farm : $55, Allstate : $62, American Family : $75, Progressive : $79, Travelers : $89, Farmers : $112, Liberty Mutual : $138, Hugo : $234
Nationwide, Travelers, USAA and Auto-Owners offer the best low-mileage car insurance policies according to Forbes Advisor's 2024 analysis.
Getting cheap car insurance looks different for every driver because it depends on what you’re looking for. Do you want your state’s minimum coverage, which is the bare minimum required for you to legally drive? Or are you balancing price with coverage and service? · State minimum is the cheapest of the cheap but could cost you big bucks after an accident. Full-coverage costs more than state minimum car insurance, but you can shop around for the cheapest full-coverage policy and find other...
Looking for an alternative to traditional car insurance? If you don't drive much, check out these cheap companies for low-mileage car insurance.
You can calculate the annual mileage of your car by taking the total number of miles the car has been driven—which you can find on the car’s odometer—and dividing it by the number of years since the car was manufactured. At Lemonade Car, you could be considered a low-mileage driver if you drive less than 9,000 miles per year. With a pay-per-mile insurance program policyholders pay a monthly base rate that doesn’t change, in addition to a per-mile rate that’s charged based on how many m...
It's possible to save up to 30% via low-mileage car insurance discounts. Learn why so many insurance companies value infrequent drivers and how you can save.
In this article: ; What Counts as High Mileage? ; How Much Does Mileage Affect Insurance Premiums? ; How Do Insurance Companies Calculate Your Annual Mileage?
Annual mileage refers to the average number of miles a car is driven in a year’s time. Thankfully, it doesn’t take a math expert to figure this one out! Every mile that a car is driven adds up, and eventually gets divided by the number of years since the car was manufactured. That number is known as the car’s annual mileage. So if your 2011 Subaru Outback has 200,000 miles on it by 2021, its annual mileage is 20,000 miles. Annual mileage is important for determining a car’s value and ins...
Do you know what effect your annual mileage could have on your car insurance premium? Find out more about the different types of low mileage car insurance.