Here in the InsWeb hometown of Sacramento, CA, it is Bike to Work Day. And even though I haven't been on a bike since the 5th grade (traumatic incident, don't ask), I can see the benefits of biking to work. First, you save on gas--who doesn't love that? Second, you reduce the amount of green house gasses put into the air. Third, you are getting exercise. And forth, you are putting fewer miles on your car which means lower car insurance rates.

Lower car insurance rates, you ask? Many people don't realize that the fewer miles put on your car, the lower your car insurance rate can be. You see, car insurance companies see more miles on a car as more chances for accidents--therefore, more money to insure that car. Biking to work means less miles added to your odometer, and a possible lower car insurance rate.

Did you know that most bikes are covered by homeowners or renters insurance policies? Of course, if you're an avid bicyclist like our fellow blogger Matt, then you may have a fancy/expensive bicycle. In that case you may want to see about getting a renters insurance rider (no pun intended) for your home or renters insurance policy to cover the added value of your bike.

So what if you are like me and can't (won't) bike to work. Is there something we can do to lower our car insurance rates? Sure! We can try public transportation like buses or metro rails. We can carpool. Or we can just hop on the freeway like normal, but take some time to compare car insurance quotes.