i just want to know whether my premium will decrease, so far my insurance thinks i have only 6,000 miles on the car...but i have 20,000...but i don't use it daily...just for weekend trips (which racked up the mileage i have so far)...should i tell them i have more mileage then what they are assuming?
2007-02-22 07:32:07 · 6 answers · asked by Anonymous in Cars & Transportation ➔ Insurance & Registration
More mileage does affect rates, usually it tiers. For my company, 4,000 or less is the best, then 5,000-18,000, then 20,000-25,000, etc.
Frankly, I wouldn't worry about the mileage issue unless they ask.
You get a discount when your policy renews and you're over 25. Exactly how much varies from company to company.
2007-02-22 10:25:08 · answer #1 · answered by Nate W 5 · 0⤊ 0⤋
Some insurance companies use mileage in their quotes. I have AARP and they request your mileage when you renew. If you stated 6,000 miles, and at renewal time you show 20,000, your rate will definately go up. Some insurance companies or policies do not consider mileage, for example if you carry liability only, mileage is not counted. Check your policy to see what your situation is.
2007-02-22 22:05:31 · answer #2 · answered by fisherwoman 6 · 0⤊ 0⤋
No that doesn't matter. You don't drive it every day and the insurance company is only looking for an estimate. You've got nothing to worry about. If you do increase your milage, they might charge you a few bucks more. Nothing big.
2007-02-22 15:35:31 · answer #3 · answered by millionsofsubys 2 · 0⤊ 0⤋
It depends on several varialbles. How old you are, how long you've been driving, do you have any traffic tickets or accidents, how much is owed on the car, what type of car it is, the age of the car, and how many people will be driving it.
2007-02-22 15:36:24 · answer #4 · answered by jmiller 5 · 0⤊ 0⤋
No, just your age and your claim history
2007-02-22 15:42:26 · answer #5 · answered by Keith B 4 · 0⤊ 0⤋
no
2007-02-22 15:39:00 · answer #6 · answered by Masonmpc 2 · 0⤊ 0⤋