Shifting Commuter Habits can Save Money on Auto Insurance -- Reducing Driving to Curb Gas Crunch Could Cut Your Insurance Costs

Topics:
Insurance
Tags:
Business Operations,
Car,
Corporate Insurance,
Finance,
Financial Planning,
Insurance,
Insurance Information Institute
Source:
Insurance Information Institute

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Overview: This paper focuses on the auto-insurance premiums. By reducing the number of miles driven each week, commuters could cut their auto insurance premiums, according to the Insurance Information Institute (I.I.I). Auto insurance premiums rely on a number of factors, from a driver's safety record to the type of car being insured. The car's annual mileage is one of several critical factors in determining how much a car owner spends on insurance, and some insurance companies offer discounts (usually from 10 to 20 percent) to motorists who drive fewer than a predetermined number of miles each year.

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Format: HTML | Date: May 2001 | Pages: 2

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