does it matter if you go over your estimated annual mileage ?

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does it matter if you go over your estimated annual mileage ?

Here are some links that might be useful to you:

https://www.bankrate.com/insurance/car/average-miles-driven-per-year

https://www.bankrate.com/insurance/car/average-miles-driven-per-year
Does Annual Mileage Affect Car Insurance? | Bankrate
14 juil. 2023The average American drives 13,476 per year, according to the Federal Highway Administration (FHA). The reason annual mileage affects car insurance is that it predicts your risk of filing a claim …

https://www.reddit.com/r/personalfinance/comments/51sv72/what_happens_if_i_exceed_the_annual_mileage_on_my

https://www.reddit.com/r/personalfinance/comments/51sv72/what_happens_if_i_exceed_the_annual_mileage_on_my
What happens if I exceed the annual mileage on my car … – Reddit
My insurance has never, not once in 16 years, asked me to verify my mileage. The only time the question has ever come up is when I add a car to my policy I am asked to estimate my annual mileage for that vehicle. I’m fairly certain you have nothing to worry about unless you call them every year and tell them your .

https://www.insure.com / car-insurance / mileage-and-car-insurance-rates

https://www.insure.com / car-insurance / mileage-and-car-insurance-rates
How does mileage affect car insurance rates in 2024? – Insure.com
To avail yourself of the low-mileage discounts you should typically drive under 7,000 or 5,000 miles annually. Your car insurance rates will be higher if you drive more than 20 miles each way to work. Insure.com’s data studies show many drivers get low mileage discount of 5% or under on average nationally. Your insurance company keeps track …

https://www.cuvva.com/how-insurance-works/updating-your-mileage

https://www.cuvva.com/how-insurance-works/updating-your-mileage
Why going over your mileage can make your car insurance invalid
3 avr. 2023Going over your annual mileage could invalidate your policy. Your insurer could invalidate your policy if you go over your annual, which means that they won’t pay out if you need to make a claim 🚫. This is because car policies will only cover you for the annual mileage estimate you gave. Any journeys outside of this are (technically) not …

https://assurance.com/auto-insurance/what-is-annual-mileage

https://assurance.com/auto-insurance/what-is-annual-mileage
What Is Annual Mileage – How Does It Affect Your Car Insurance …
21 janv. 2023Annual mileage directly affects your insurance rate. The more you drive, the more risk you face and the higher your insurance rates. The Federal Highway Administration estimates that the average driver in the United States drives around 13,500 miles each year. This number is averaged across the United States and includes all ages and genders.

https://www.autoinsurance.org/how-does-annual-mileage-affect-car-insurance

https://www.autoinsurance.org/how-does-annual-mileage-affect-car-insurance
How Annual Mileage Affects Your Auto Insurance Rates: What You Should …
26 févr. 2024Insurance companies typically rely on several methods to determine your annual mileage. These methods may include self-reporting, where you estimate your mileage when obtaining a quote or renewing your policy. Some insurers may also use telematics devices or smartphone apps to track your driving habits and calculate your accurately.

https://www.experian.com/blogs/ask-experian/does-mileage-affect-car-insurance

https://www.experian.com/blogs/ask-experian/does-mileage-affect-car-insurance
How Does Mileage Affect Car Insurance? – Experian
19 avr. 2022Mileage is just one of many factors affecting the cost of auto insurance. Others include the type and model of vehicle you drive, how much coverage you purchase, your deductible, your age, your gender, your driving record and where you live. Annual mileage isn’t necessarily a major consideration in setting insurance rates.

https://www.compare.com/auto-insurance/resources/rate-factors/annual-mileage

https://www.compare.com/auto-insurance/resources/rate-factors/annual-mileage
How Does Mileage Affect Car Insurance? | Compare.com
15 juin 2023Pay-per-mile car insurance: As the name implies, pay-per-mile car insurance bases your car insurance policy rate on the amount you drive. The only downside is a mileage limit — if you exceed this limit, expect to pay a sizable premium or penalty. Telematics-based car insurance: If you drive over 15,000 miles, you may get cheaper rates through …

https://www.comparethemarket.com/car-insurance/content/the-effects-of-annual-mileage-on-car-insurance

https://www.comparethemarket.com/car-insurance/content/the-effects-of-annual-mileage-on-car-insurance
Annual mileage for car insurance: how does it affect the cost?
27 nov. 2023The more you drive, the more likely you are to be in an accident and make a claim on your car insurance. It stands to reason that the higher your annual mileage, the more your premium is likely to cost. However, a study from 2018 suggests that some lower mileage drivers might be paying more for their car insurance than higher drivers.

https://smartfinancial.com/how-mileage-affects-car-insurance

https://smartfinancial.com/how-mileage-affects-car-insurance
How Mileage Affects Your Car Insurance Rates | SmartFinancial
9 nov. 2023Key Takeaways. Annual mileage can affect car insurance due to higher mileage increasing the likelihood of filing a claim because of more time spent on the road. Driving over 14,000 miles per year is typically considered high mileage and can result in higher-than-average rates. Insurance providers offer discounts such as good driver and anti …
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