Top Ways To Lower Young Driver Car Insurance Rates PRESS RELEASE: “Here’s a unique chance to secure a young driver’s cheap car insurance coverage for those who may be branded risky in their driving habits. Qualified buyers in the age group 18 to 25 years could get benefited with huge discounts worth up to 45% provided they satisfied some basic requirements. See if you can qualify for these discounts and more…” Drivers who are on the lookout for a cheap young driver car insurance may now obtain discounts up to…
Read MoreTag: low mileage discounts
Auto insurance can be cheaper for vehicles with low mileage
Discounts are available for cars that aren’t driven very far every year. When buying auto insurance or renewing a policy for a vehicle that has low mileage, it is important to discuss this trait with the agent or company representative as discounts may be available. Many policyholders miss this opportunity for significant savings every month. It is important to note that not all auto insurance companies offer this opportunity. That said, many do have discounts for low mileage cars, so owners of these vehicles are being advised to speak with…
Read MorePatent for usage-based insurance goes to Progressive for the fourth time
Progressive Insurance has announced that it has received a patent for usage based system technologies for the fourth time for its Pay As You Drive program, which is available to drivers in the United States. The program involves using a driver’s safety score to change his or her premiums based on monitored driving data and is now patented under U.S. Patent No. 8,090,598. The usage based insurance (UBI) program at Progressive is called Snapshot, and it is now available to drivers in the District of Columbia and 39 other states.…
Read MoreMillions of drivers may be eligible for car insurance discounts, according to Progressive Insurance
Progressive Insurance has issued a new report detailing how as many as 70 million drivers in the U.S. could be missing out on major savings. The insurer launched a new product earlier this year that collects data from drivers who opt to have a simple device installed in their vehicles. The device tracks driving habits and send the information to Progressive agents who determine whether these habits are safe. Those with safe driving habits are eligible for major discounts on their car insurance policies. Progressive’s report draws upon data collected…
Read MoreAuto insurance based on mileage, IntelliDrive, can offer greater savings to drivers
Recent data has been suggesting that a growing number of consumers are attempting to save money by reducing the amount of driving that they’re doing. Though the main reason for this is to decrease the amount of gas that is used, and lower the amount of maintenance needed on the vehicle, Travelers is now offering another incentive to customers to keep their mileage down. The new IntelliDrive insurance product rewards low-mileage drivers with discounts of up to 5 percent at the time of enrollment, and an additional discount of up…
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