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Does vehicle mileage affect your auto insurance rate?

Updated: 8/18/2019
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13y ago

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Average miles driven per month or per year is a factor considered by auto insurers in determining rates (which translate into premiums) for certain kinds of coverages. The theory is that there is a statistical correlation between the two; the more miles driven will result, again in theory, in a greater likelihood of a mishap and therefore, in a claim.

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Q: Does vehicle mileage affect your auto insurance rate?
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