Auto insurance can be cheaper for vehicles with low mileage

usage based insurance auto

Discounts are available for cars that aren’t driven very far every year. When buying auto insurance or renewing a policy for a vehicle that has low mileage, it is important to discuss this trait with the agent or company representative as discounts may be available. Many policyholders miss this opportunity for significant savings every month. It is important to note that not all auto insurance companies offer this opportunity. That said, many do have discounts for low mileage cars, so owners of these vehicles are being advised to speak with…

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Industry report shows many increases in the costs of vehicle ownership

cost of gas increase

American consumers have experienced an average 1.9 percent increase in vehicle ownership costs such as auto insurance and fuel. A recent study has shown that drivers in the United States have undergone an average increase of 1.9 percent in the costs associated with their vehicle ownership, ranging from auto insurance to tires, and from fueling up to vehicle depreciation. This information was outlined in the AAA 2012 ‘Your Driving Costs’ study report, which indicated that in the United States, gas and tires alone have increased the annual cost of owning…

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