Most states require some level of car insurance. But with the average cost of full-coverage car insurance at $1,674 a year, not everybody can easily pay.
Insurers do not factor income when determining insurance premiums; you don’t pay less if you earn less. You may, in fact, pay more, because of insurance-industry practices that critics say discriminate against people with lower incomes.
“Lower-income customers are often forced to pay more due to the use of zip codes and employment in insurance underwriting,” says Nestor Hugo Solari, co-founder and CEO of Sigo, an auto insurance provider that aims to reach immigrants and Latinx customers.
Sigo Partners with Mexico-based Saive to Launch First Spanish-Language Safe Driving App in the U.S.
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Powered by Saive, Auto Insurer’s New Telematics Solution Creates Safer Roads & Allows Drivers to Earn Rewards
More than 38,000 people in the U.S. lose their lives each year in car crashes. Saive’s goal has always been to reduce the number of road accidents and protect all drivers, so we’re excited to continue furthering our impact in the U.S. with the help of Sigo HARRISON, N.J. (PRWEB) January 26, 2021
Sigo, an inclusive auto insurance provider focused on providing affordable access to underserved populations, has partnered with Mexico-based Saive to launch the Calles Seguras Initiative through the Sigo powered by Saive App, a free safe driving app now available to all drivers. Use of the mobile telematics solution, the first in the U.S. that’s natively in Spanish, allows users to review thei