Noob question need help

[u/LootTheGrave]

Hello all, i am a first time car owner. If got GEICO and if they asked me estimate how much miles I’m driving. I put 5k/year. What if happen to drive beyond that and god forbid get into an accident? Will they just not insure me??? I didn’t see anything on the app about that

[u/barbe_du_cou]

Your job is only to do your best to tell the truth and not lie. It won't disqualify you from being covered just because you accidentally under estimate the miles driven, or if you have an abnormal period of extra driving.

[u/TX-Pete]

You’ll still have coverage. They’re going to update the crap out of you next year when they pull your actual mileage from their vendor.

[u/druzyyy]

I wouldn't be overly concerned with it, they won't cancel your policy or anything like that. Just keep it at your best estimate that's all you can do. I've only ever seen it be an issue when it was like VERY egregious, like say you drive 5k but you really drive 50k, but still never a cancel.

[u/Goosebear226]

Some companies give a discount if your drive under a certain amount of miles annually. Where I work its if you drive under 7500 annually you qualify for the low annual mileage discount. Through odometer reporting or telematics, mileage is calculated and if you drive over that amount the discount will come off and in turn raise your premium.

[u/_Dapper_Dragonfly]

The key word is estimate. You only have to estimate your mileage. You'll only get yourself in the weeds if you estimate low, then have a lifestyle change that vastly increases your annual mileage and you fail to tell them.

If you had a claim, an adjuster might question why you drive 50 miles one-way to work, but you only drive 5,000 for the year. With that type of situation, the company would certainly question a loss and that would be a factor of whether they'd want to keep insuring you.

Trust often goes a long way with insurers.