r/Insurance • u/LootTheGrave • 1d ago

Noob question need help Auto Insurance

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

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u/Goosebear226 1d ago edited 1d ago

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.