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Definitions from the Web

lowmileagediscount

Definition:

A lowmileagediscount refers to a reduction in the cost of insurance premiums offered to policyholders who drive fewer miles than the average for a specified period.

Examples:

Noun:

1. I received a significant lowmileagediscount on my car insurance because I drive less than 5,000 miles per year.

2. Insurance companies often offer lowmileagediscounts to encourage people to drive less and reduce their risk of accidents.

Adjective:

1. Many insurance providers offer lowmileagediscount policies for customers who have a limited annual mileage.

2. The lowmileagediscount policy helped me save a considerable amount of money on my car insurance premium.

Verb:

1. The insurance company lowmileagediscounted my policy after verifying my annual mileage through a GPS tracking device.

2. If you want to qualify for a lowmileagediscount, make sure to accurately report your yearly mileage to the insurance provider.

Related Products:

You can find suitable insurance policies for low-mileage drivers on Amazon: