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Telematics car insurance programs offer discounts up to 40% for letting insurers monitor your driving habits through a plug-in device or smartphone app, but the savings come with important privacy ...
Afilalo points out that pay-per-mile programs are different from a low-mileage discount, which is a rate reduction for driving under a certain mileage annually — usually 7,500 miles a year ...
Pay-per-mile insurance is a type of usage-based insurance where the user pays a base rate along with a fixed rate per mile. The billing model is intended for low-mileage drivers and does not take driving style or behaviour into account (for determining rates or discounts). [ 2 ]
Some insurers even offer pay-per-mile programs for very low-mileage drivers. Age, marital status and other demographics. Statistical data shows certain groups tend to file more claims than others.
Usage-based insurance (UBI), also known as pay as you drive (PAYD), pay how you drive (PHYD) and mile-based auto insurance, is a type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place.
2 "the only company offering pay-per-mile insurance" 1 comment. 3 External links modified (January 2018) 1 comment. ... Please take a moment to review my edit.
Allstate. $2,971. $248. USAA. $1,695. $141. 2. Take advantage of discounts ... Consider pay-per-mile insurance if you don’t have a commute or drive very often. Insurance companies typically ...
The pay-as-you-go trend has already spread to a wide variety of consumer services ranging from wireless to software. Now it looks like auto insurance might be the next industry to jump on the ...