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The other insurance crisis: Auto insurance, and how to save money on it | Opinion

The other insurance crisis: Auto insurance, and how to save money on it | Opinion
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Victor Aimi , Allstate Milewise , Verb Company ,

How does pay-per-mile car insurance work?

Here’s how pay-per-mile car insurance works, the pros and cons to be aware of, and whether it’s worth it to switch from standard auto coverage. ....

New Hampshire , United States , Allstate Milewise , Car Insurance , Auto Coverage , Insurance Costs , Coverage Options ,

Technology + Insurance = Happy (Safer) Drivers


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(Photo : Karen Condor )
We all know that safety technology in vehicles is saving lives and saving on auto insurance, but don t forget the role of GPS in telematics and usage-based auto insurance in doing that as well, such as pay-as-you-drive car insurance.
Technology has also positioned insurance companies to save potential and current clients time, from getting rate quotes to making the accident filing process easier, thanks to image analytics assisting with auto repair claims.
Review how technology is saving auto insurance customers time and money, and also see what the future holds: Driverless autos, yes. Flying autos, ever? Cheaper insurance? Read on. ....

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Low Income Car Insurance — Lower Cost Options | NextAdvisor with TIME


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.  ....

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