SmartRide (usage-based insurance program) Anti-theft devices discount SmartMiles (based on miles driven) See More DiscountsState Farm » 4.0 U.S. News Rating Average National Rate: $2,150 Compare Quotes Pros: Affordable premiums for motorists with less-than-perfect driving records More than ...
Rootwas one of the first car insurance companies in the U.S. to be fullyapp-based. The app tracks both the number of miles driven and driving habits in order to set your premium. As such, premiums will vary from month to month, although Root does have a test-drive period to help yo...
Driving a 2022 Toyota Camry 12,000 miles per year From there, we looked at the availability and amount of discounts for young drivers and their families and considered data on customer satisfaction from the Better Business Bureau, J.D. Power and the National Association of Insurance Commissioners...
Insurance companies typically consider other factors when generating your premium: your age and gender (in most states), location, vehicle make and model, annual miles driven, claim history and marital status (except in HI and MI). With this many variables, reaching out to several carriers to ...
2022 and 2023 were still nowhere near normal. That suggests that car insurance companies could be hurting in the coming year. On the other hand, the drop in miles driven suggests that claims may have been fewer, and 2020 was really the year when a lot of new cars started showing up with...
While narrowing down the best companies, we focused on a sample annual premium from Bankrate for a 70-year-old driver with a clean driving record, good credit, and a 2020 Toyota Camry driven 12,000 miles annually with the following coverage limits: $100,000 bodily injury liability per person...
Mileage-based car insurance, also calledpay-as-you-goorpay-per-mile car insurance, is a subset of usage-based insurance. But with this option, the only thing that matters is your mileage. If you only drive occasionally, you could save a lot of money since you don’t put many miles on...
Alison Tobin is a car insurance editor for U.S. News & World Report. She joined the organization in 2024 but has been covering insurance content for seven years. She is dedicated to helping readers make more informed insurance decisions. ...
Average miles driven per year Number of vehicle accidents DUI convictions Moving violations such as speeding The make, model and year of your vehicle Other factors include how many drivers are in your household and the age of each. If you add a teen driver to your car insurance policy, your...
Low-mileage drivers may also save by choosing pay-per-mile insurance, which tracks how many miles they drive to set premiums. Car storage Keeping your car in a garage is less risky than parking it on the street, and your insurance rates may reflect this. Years of driving experience If ...