Pay-Per-Mile Auto Insurance: The Benefits! 2
Now that we have talked a little bit about what Pay-Per-Mile Auto Insurance exactly is, let’s go ahead and talk about the price of it. After all, that is the main reason we are all here and wondering right? Right. Well, the cool thing about this particular car insurance, as I mentioned previously is that you will only pay per the mile that you drive.
This will actually be converted a portion of your current annual rate into a per mile fee. Your insurance company will most likely assign your car to one of its rate groups according to the zip code, type and usage. Once your per mile rate is determined, you will probably be asked to pay upfront, so be aware of that.
It all depends on how much you drive – if you end up driving more than anticipated then you might have to pay more if you drive less, you will most likely receive a rebate check.