Could Telecommuting Save on Car Insurance Quotes?
Most people are aware that car insurance quotes fluctuate up and down depending on a number of different factors. What many don't realize is that one of those factors is their commute distance. If you spend a little extra to live in a nice development that's a long drive from the office, you may also be spending quite a bit extra to cover your increase in insurance premiums. Telecommuting a few days a week instead of heading into work every day just may bring that monthly payment back down.
Driving and Insurance
It makes sense that insurance rates are based at least partially on the way you drive your vehicle. Those who drive long distances morning and night every weekday to get to and from the office are exposing themselves to a greater chance of accidents than those living just around the corner from their job. The more driving you're doing, the more likely it is that something might go wrong.
Unless your office changes locations, there's not much you can do to shorten your commute. However, if you have the type of career that lends itself well to telecommuting, working from home more often might make a difference in your premiums. Less time on the road means less opportunity for mishaps.
Location, Location, Location
The location of your office can also have an impact on your insurance rates. If the parking lot outside your building is located in a high-crime neighborhood, insurance companies consider this to be a potentially high-risk situation. After all, if there are a number of cars being stolen from the immediate area, it's a lot more likely that your car could be the next target.
Again, while you probably can't convince your boss to change buildings just so you can save money on your insurance policy, working from home a bit more often can lower those risks considerably. And, lower risks mean lower insurance rates. Remember too, there are plenty of other advantages to working from home besides saving on vehicle insurance, like saving gas money and contributing less pollution into the atmosphere. Check with your provider to see if telecommuting might make a difference in your car insurance quotes.