No, Farmers does not offer a specific low mileage discount. Farmers premiums do take mileage into account, however, as rates are an average of 24% lower for customers who drive 7,500 miles annually than for customers who drive 15,000 miles annually, according to WalletHub data.
Low mileage drivers usually save on their Farmers premium because less time on the road means a smaller chance of filing a claim. Besides offering lower premiums for low mileage drivers, Farmers offers good student, safe driver and paid in full discounts, among others.
It’s also worth noting that Farmers has a usage-based insurance program called Signal, which can help low mileage drivers save money. Signal tracks mileage and other driving habits, saving policyholders up to 30%.
To learn more, check out WalletHub’s guide to Farmers discounts.
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