Do you make just a few miles with your car each year? If so, you are eligible for a low mileage car insurance plan. It makes sense that those drivers only building up low mileage should be entitled to reduced car insurance rates. If you do fewer miles in the period of a year than someone else then you are likely to have spent less time on the road than them and are therefore less likely to be involved in a road traffic accident. Because the risk of accident is smaller, the premium you pay for insurance is smaller, often a lot smaller.
If your annual mileage falls beneath a certain level, then you could be eligible for a discount on your premiums by opting for low mileage car insurance. The annual mileage varies from provider to provider. Low mileage is taken into account by many providers so make sure you get a good deal. All you have to do is look for available discounts and apply for them. However, it is very important when you apply for low mileage car insurance that you don’t exaggerate how few miles you drive. If you end up having and accident and being forced to make a claim, then the declaring of MOT/service certificates may be required. Be very careful; the claim could well be disputed if these suggest that the mileage allowance has gone a lot over. Of course, you can exceed the limit with a few miles. But keep it low so you don’t give the insurance company means to void your claim.
Some say that these low mileage car insurance plans also have a hidden cause – the rise of gas price. Insurers try to encourage people to drive less and pay less for their gas each year. This might be true. For example, in the United States of America, customers who drive less than 15,000 miles a year can save up to 54 percent on their car insurance premium. This means a lot of money, but it is a small mileage per year for some people.
Overall, if you don’t drive a lot and have a low mileage each year, you should sign up for a low mileage car insurance. It saves a lot of money on the premium and also saves a lot of money on gas. Your car is insured for accidents and third party damages.
