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Like many of the best car insurance companies, Geico created its telematics program, DriveEasy, in an effort to help keep roads safer and help policyholders save money. The program is currently ...
Insurance companies typically offer an initial discount of 5% to 10% just for enrolling in their telematics program, but you can earn larger discounts based on your actual driving behavior.
Geico customers are eligible for safe driving discounts through DriveEasy, a telematics program that offers potential premium discounts to customers who agree to let Geico track their driving ...
The OBD-II device measures mileage and then transmits mileage data to servers. This is supposed to be an affordable car insurance policy for low-mileage drivers. Metromile is currently only offering personal car insurance policies and is available in California, Oregon, Washington, and Illinois. [61]
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.
If you’re driving less due to remote work or retirement, you might qualify for a low-mileage discount. Many insurers offer reduced rates for drivers who drive less than 7,500 miles annually.
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]
7. Low-Mileage Discounts. If you don't use your car often, you may qualify for a low mileage discount, which kicks in if you drive less than 7,500 miles per year. You may have to submit mileage ...