Is pay By Miles insurance worth it?
Is pay-per-mile car insurance worth it? It depends on how often you drive. If you consistently log low mileage, pay-per-mile insurance may be cheaper than a traditional auto policy. But if you're considering it only because you know you'll be temporarily driving less, a traditional policy is still the best choice.
How does by mile insurance work?
With us you pay a fixed yearly fee upfront to cover your car against theft, vandalism and accidental damage while it's parked. After that, it's pay as you go. Just pay for each mile you drive and you're billed for what you've used monthly.
How do I insure a rarely drive car?
How do I insure a car I rarely drive? You can insure a car you rarely drive with a standard insurance policy. You can save money by adding it as a second car to an existing policy or choosing a policy with a low-mileage discount. There are also usage-based discounts and pay-per-mile programs that may appeal to you.
What mileage is cheapest for insurance?
Different insurance providers have their own idea of what constitutes low mileage. But 8,000-10,000 miles per year is considered fairly standard, so if you drive far less than that, you could be on track for discounted insurance.