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U.S. drivers travel 13,476 miles per year, on average, according to the most recent FHWA data. Average annual miles per year by age group. Source: FHWA. Car insurance mileage brackets. Companies use mileage brackets to determine insurance rates based on their mileage. It usually varies from one company to another.
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2 dni temu · Who is pay-per-mile insurance best for? Pay-per-mile insurance is best for people who drive 10,000 miles or less each year — like college students, public transport or walking commuters and remote workers. It may also be a good option for senior drivers looking to save money — on average, drivers over age 65 drive 7,646 miles per year. [1]
Updated May 20, 2024. Reviewed By Bill Mense. Edited By Ross Martin. Car insurance for seniors: rates, discounts, and more. Senior drivers pay, on average, $1,315 per year or $110 a month for auto insurance. The 60 to 69 age group pays the second-cheapest car insurance rates, behind only those in their 50s. Saving money is important at any age.
20 maj 2024 · Here’s how pay-per-mile insurance plans typically function: An insurer calculates your base rate and rate per mile. Base rates and per-mile rates depend on your age, location, driving history and insurer. Say an insurer may offer you a base rate of $60 per month and 10 cents per mile driven.
7 maj 2024 · Pay-per-mile car insurance lets low-mileage drivers save by paying for the miles they actually drive. You'll pay a base rate plus a per-mile rate for the miles you drive each month; as a result, monthly charges will vary. Last updated: May 7, 2024 12 min read. Compare quotes in less than 5 minutes. ZIP Code.
6 maj 2024 · On average, 70-year-old drivers pay $2,257 per year for full coverage car insurance. This is lower than the national average cost of car insurance, which is $2,314 per year for full coverage. For ...
7 maj 2024 · How much is car insurance for seniors? Insurance.com data shows that older drivers do pay more than middle-aged drivers as a group, but not much more, and not nearly as much as teens. Explore our car insurance calculator to see what rates apply to you. Senior auto insurance rates by age group