How much does Mileage-Based Insurance cost? Average premiums by business size, industry, and state — plus the key factors that drive your rate up or down.
Comprehensive FAQ, cost guide, and claims examples for mileage-based insurance — pay-per-mile auto coverage.
Mileage-based insurance charges premiums based on actual miles driven, offering cost-effective coverage for low-mileage drivers.
| Business Size | Annual Revenue | Typical Premium | Notes |
|---|---|---|---|
| Very Low Mileage | N/A | $300–$600/yr | Under 3,000 miles/year. |
| Low Mileage | N/A | $600–$1,000/yr | 3,000–7,000 miles/year. |