How to Reduce Your Car Insurance by Low-Mileage Discounts

autos.com How to Reduce Your Car Insurance by Low-Mileage Discounts
July 05, 2011 | Shared by tireme
autos.com - This discount helps a motorist save money on the cost of their coverage and secure the protection needed in the case an accident, theft or other insurable event occurs.

Reduce Your Car Insurance

GMAC Pay-As-You-Go Insurance Program

GMAC is one company that offers a nationwide low discount program to its driver. The program provides a way for those motorists who subscribe to Onstar and drive less than 15,000 miles a year to get a discount of between 13 and 54 percent. The amount of discount available through GMAC depends on the number of miles driven. GMAC offers this discount as a pay-as-you-go insurance program to motorists in 35 states.

Progressive Auto MyRate Program

Progressive Auto Insurance MyRate program provides a discount of up to 25 percent off the cost of a traditional auto insurance policy. This discount is provide to motorists that drive less than 10,000 miles a year, are defensive drivers and do not drive after midnight. The number of miles and driving behavior of the motorist is monitored through a device that is attached to the car’s odometer.

Pay-As-You-Go Insurance Discounts

Pay-as-you-go insurance is a popular option in the United Kingdom and only offered by GMAC and Progressive Auto Insurance. As more companies see the benefit of offering this type of insurance program, more savings will be realized by motorists. These savings will also result in a reduction in gas taxes for road repair and in greenhouse emissions. A tip in getting low mileage car insurance is to ask your insurer if and when they plan to offer the benefit.


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