Yes, Geico offers a low-mileage discount. How much you can save depends on your location, driving habits and other personal details, but a comprehensive Consumer Fed study found that Geico customers save an average of 1.3% by driving less than the national average of 12,000 miles per year.
In some cities, like Los Angeles, drivers could save as much as 12.6%, according to the study. But that’s because California state law requires insurers to give annual mileage the second most weight when calculating premiums.
Geico also has a usage-based insurance program that you may want to consider. Geico’s DriveEasy app uses your phone’s sensors and GPS to track habits like speeding, phone use while driving, hard braking, mileage, time of day, and more. Geico uses this data to determine a driving score and adjust your premium. This figures to benefit safe, infrequent drivers the most.
Normally, your rates are calculated based on driving history and other factors that can predict how you’ll drive, like your age and credit score. But these are not exact representations of your driving habits. Usage-based insurance programs more accurately reflect your level of risk, so you only pay for the insurance you need. According to Geico, drivers who sign up for the DriveEasy program can save as much as 20% just for registering.
Geico offers a wide variety of programs and discounts to help drivers save on car insurance. The best way to figure out which ones you qualify for and how much you can save is to get a quote.
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