Why driving fewer miles may not lead to lower auto premiums

Source: Ann Carrns, N.Y.Times (Paid Registration)

People who don’t drive much are generally at lower risk for traffic accidents, but they may not always get big discounts from auto insurers, according to a new analysis.

Insurance companies often emphasize a driver’s personal characteristics, such as marital status and credit score, rather than other risk indicators, like the annual mileage driven, said Consumer Federation of America's J. Robert Hunter, a former state insurance regulator. “How well you drive and how much you drive” should be the main factors considered in setting premiums, he said.

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