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Annual mileage (often lower for retirees) ... Recent data from Progressive Insurance reveals a clear pattern in how age affects car insurance rates. A study of policies that Progressive sold from ...
Low-mileage discounts. ... Average car insurance rates by age, Carinsurance.com. Accessed December 5, 2024. ... When’s the best time to shop for car insurance? (Hint: It could be right now)
9. Check Rates Before Buying a Car. If you’re currently in the market for a new car, make sure to get quotes for car insurance before picking a vehicle.
In March, dealers only had a 33-day supply for older, high-mileage used cars priced below $15,000. ... Buying a Used Car: The Best Age and Mileage To Get Great Value. Show comments.
What you pay for car insurance for a new versus used vehicle will depend on multiple factors. Your vehicle’s age is just one variable in the equation providers use to estimate your premium.
4. Consider pay-per-mile insurance. You may have heard of usage-based insurance or pay-per-mile insurance.While they’re slightly different types of policies, they can save you money.
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