Recently the girls and I went to a birthday party for a friend’s daughter who was turning eight. My friend is a former foster mom with two children whom she fostered as a sibling group and subsequently adopted. She and her children have been at all of Jessie’s birthday parties and I’ve been at her children’s since we met. My friend stays in contact with members of her children’s biological family and the kids’ adult brother came to the party.
This young man has turned out very well. One of the things he talked about at the party was what a hard time he was having with getting car insurance. Even though he drives a compact coupe that’s on the low end of the product line, he keeps getting told that he drives a sports car.
I told him about when I was 20 and owned a red CRX Si. I loved that car. That was a sports car. Driving a red sports car at 20 wasn’t looked upon favorably. I couldn’t afford the insurance being offered and a number of companies laughed at me and told me to sell the car. I didn’t sell it. I kept the car for seven years; weathered bad insurance into good insurance until a pick-up ran a red light, hit my car totaling it, and fled the scene.
I wonder if mileage-based insurance would have worked for me then? I didn’t drive more than the national average, so it might have if it had been available. There are different factors that go into mileage-based insurance than traditional insurance. If it works for you, it can be a great savings. Progressive offers the insurance in 25 states. MileMeter is available in Texas with expansion plans.
Would mileage-based insurance work for you? Would you consider it?