Monthly Archives: September 2017

Select Type of Car Insurance Coverage

In addition to deciding which company to go to, you should also consider which policy you want. There are three main types of policies, including traditional car insurance, usage-based, and per mile. Take a look at these three auto insurance programs before you buy car insurance from an insurance company:

Traditional car insurance – Insurance companies specify quotes for policies with the help of various personal factors, such as your age, credit score, driving history, gender, etc. In this case, you can choose the minimum coverage amount according to state laws or else you can choose from a long list of different types of car insurance coverage. Generally, the more risk you have as a driver according to these factors, the higher your insurance rate.

Used car insurance – This type of insurance assumes your driving skills depends on a list of different risk factors and your accident history, a car insurance provider offering auto insurance by seeing you in action. In this type of car insurance, such as Drivewise from Allstate or Progressive Snapshot, you get a telemetric device, which you should install in your car. It records how you drive and your driving behavior.

If you are a low risk driver, then you can save your money with usage-based car insurance. However, if it notes that you often drive late at night or you drive fast, then it will not help you save money with your car insurance. In addition, many car-based insurance programs are not available in every state. Therefore, if you are devoted to one insurance company, then you may have to change your company, if you move to a different country.

Car insurance per mile – car insurance providers per mile also use telematic devices, but they focus on just one thing, that is how little or how much you use your car. This type of car insurance is new and not available in every state. States that have this type of insurance among other things, Metromile is the best provider of auto insurance per mile, California, Pennsylvania, Illinois, Oregon, Washington, Virginia and New Jersey.

Additionally, per-mile providers use the same elements as traditional insurers in determining your car insurance rates, but you can save some money through its telematic device. If you do not use your car much and use it only for emergencies, then your premium may be cut significantly. However, if you normally drive your car, then there are fewer chances of you saving money from it.

Whatever car insurance service you buy, you must shop to get the best price. Do some homework and do not just settle for the first deal that comes to you. This is because tariffs for the same policy can differ from one company to another by thousands of dollars. Therefore, comparing various car insurance offers is the best way to get a good price.