How To Get Low Mileage Car Insurance Discounts
U.S. insurance companies offer a low mileage car insurance discount for drivers who do not use their car very much. This discount helps a motorist save money on the cost of their coverage and secure the protection needed in the case an accident, theft or other insurable event occurs.
Progressive Auto MyRate Program
Progressive Auto Insurance MyRate program provides a discount of up to 25 percent off the cost of a traditional auto insurance policy. This discount is provide to motorists that drive less than 10,000 miles a year, are defensive drivers and do not drive after midnight. The number of miles and driving behavior of the motorist is monitored through a device that is attached to the car’s odometer.
Pay-As-You-Go Insurance Discounts
As more companies see the benefit of offering this type of insurance program, more savings will be realized by motorists. These savings will also result in a reduction in gas taxes for road repair and in greenhouse emissions. A tip in getting low mileage car insurance is to ask your insurer if and when they plan to offer the benefit.
If your insurance company begins to offer low mileage car insurance it will require you to subscribe to some diagnostic or tracking service such as Onstar. This tracking is important in order to determine your mileage on a real-time basis in order for the discount to be applied. Having access to services such as Onstar may be good for you in other ways and worth the cost in order to save money on your car insurance.
Military Car Insurance
Military personnel can also opt for car insurance specifically tailored to them. These policies generally carry provisions that account for such issues as deployment overseas and other prolonged absences. In fact, the rates for military car insurance policies are factored according to the rank of the insured personnel (E1 to E5, and E5 to officer). These policies obviously offer military personnel advantages that other policies may not.
One of the areas many car owners fail to investigate is car insurance discounts. Most insurance providers offer various discounts to qualified policy holders. These discounts are not always advertised and it is up to the car owner to request this information. This is especially true for military personnel. Many insurance providers offer special discounts to service men and women; some of which will significantly reduce your payments. In fact, for military personnel that are facing deployment overseas, military discounts can be especially helpful. In such situations, many insurance companies have special rates that can be applied if the insured car is going to be left in storage or unused during the length of the deployment.
These are just a few tips that should help military personnel find the best car insurance policy for their needs. Finding the best policy is a matter of doing the proper research. By taking the time to investigate the available options, military personnel will ensure they obtain a policy that is both cost effective and practical.