Suppose you drive an average of 18,000 miles per year, and you need a new vehicle. You are looking at two possible vehicles. One is a compact car that averages 40 MPG in city and highway driving. The other is an SUV that averages 13 MPG city and highway. The compact car uses regular fuel, which averages about $3.99 per gallon. The SUV uses premium fuel, which averages $4.19 per gallon. How many fewer gallons of gas will you use annually if you purchase the compact car?

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Motor Vehicle Insurance

Motor vehicle insurance is a contract between the insurance company that provides insurance cover and the person who owns the vehicle. According to the terms and conditions of the insurance contract, the insurance company reimburses the policyholder for losses and damages. This insurance policy covers the financial risks of the motor vehicle owner. Electronic vehicles are also covered in a vehicle insurance policy, but the insurance rate is relatively higher than other motor vehicle insurance. Motor vehicle insurance is otherwise called an automotive insurance policy.