Auto insurance rates vary based on factors like mileage, among others.
Insurance agencies consider the number of miles driven per year to assess the risk of accidents and claims.
There is no specific mileage limit imposed by insurance policies, but providing an accurate estimate is important.
Deliberately underestimating mileage can result in fraud penalties.
Driving more miles can lead to higher insurance rates due to increased wear and tear and higher accident risk. Some insurance companies offer lower premiums for low-mileage drivers.