The number of miles you drive each year is a key factor in determining your car insurance premiums. The more you drive, the more time you spend on the road, which increases your risk of being involved in an accident.
When you apply for insurance, you’ll be asked to estimate your annual mileage. It’s important to be as accurate as possible. Underestimating your mileage could lead to your policy being invalidated if you need to make a claim.
If you can reduce your annual mileage, you may see your insurance premiums decrease. For example, if you start working from home or switch to using public transport for your commute, informing your insurer of your reduced mileage could lead to savings.