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Pay-per-mile car insurance: Is it worth it for low-mileage drivers?
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Local News 8
Supakorn Angaumnuaysiri // ShutterstockPay-per-mile car insurance: Is it worth it for low-mileage drivers?
For many drivers, that means far fewer miles on the odometer, but they’re still paying for insurance plans built for heavy commuting.
Instead of charging a flat rate based on estimated annual mileage, the insurer bills for the miles you actually drive.
How pay-per-mile insurance worksTraditional car insurance sets premiums based partly on estimated annual mileage.
Programs vary in how they track mileage, apply daily caps, and award discounts.