7 Things That Increase Your Car Insurance Rate
Mileage
Insurance companies consider how much you drive in a given year since the more you drive, the more likely you are to get in an accident. Americans traveled 14,263 miles on average in 2019, or about 39 miles per day, according to the Federal Highway Administration. Many drivers were kept off the roads in 2020 due to the epidemic, but driving resumed in 2021.
Your insurance might provide you with a lesser cost if you don’t drive much, especially if you average less than 15 miles per day. On the other hand, if you travel more than 41 miles per day, or 15,000 miles per year, you may be classified as a high-mileage driver and be required to pay more.
