1. The “Low Mileage” Reward (The Usage-Based Discount)
Be honest: do you drive as much as you did when you were working 9-to-5? Probably not.
If you are retired or semi-retired, your daily commute is likely gone. If you are driving fewer than 7,500 miles per year, you are technically in a different “risk class” for insurance companies. Less time on the road means less chance of an accident.
(adsbygoogle = window.adsbygoogle || []).push({});However, your insurance agent won’t automatically know you stopped commuting. You have to tell them.
Action Step: Check your odometer. If your annual mileage has dropped significantly, call your agent and ask for the “Low Mileage Discount” or inquire about “Pay-Per-Mile” programs. This single phone call can drop your rate by 15-20%.

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