Sentences with phrase «estimated annual mileage»

Your estimated annual mileage shows how much you're on the road, and therefore how much risk you are at for an accident.

But don't under - estimated your annual mileage because doing so could invalidate your policy, which means it would not pay out in the event of a claim.

However, if you currently receive a premium reduction for low estimated annual mileage (under 7,500 miles annually for personal use) and your vehicle is actually driven more than that, your premium may increase at a future policy renewal.

However, if you currently receive a premium reduction for low estimated annual mileage (under 7,500 miles annually for personal use) and your vehicle is actually driven more than that, your premium may increase at a future policy renewal period.

California, for its part, actually requires insurers to consider estimated annual mileage in setting rates.

Although some insurance companies incorporate mileage - related rate factors such as commute distance or estimated annual mileage, none begins to approach actuarially accurate, marginal pricing, and so fail to give motorists accurate price signals.

So, make sure that you estimate your annual mileage correctly, and companies like Nationwide and The General Insurance may give you a discount reflected in the rate.

Not exact matches

High - mileage households: Households with estimated aggregate annual vehicle mileage that exceeds 12,500 miles.

For instance, because of the growing trend of telematics, or «pay as you go» programs that use onboard devices to monitor your driving, any estimates you're asked to give for your annual or weekly mileage may not matter as much.

The company does no after - the - fact billing of the customer, and the customer doesn't have to estimate a «future annual mileage» figure for the company to obtain a discount.

To receive an accurate estimate, drivers typically only need to relay a few details, such as their age, gender, marital status, garaging address, vehicle information and annual mileage.

Review the annual mileage estimate on your policy.

Individuals who drive more are at higher risk for accidents, so car insurance companies are likely to request an estimate of your annual mileage when you are shopping around for auto insurance.