Save Money on Health, Home, Auto & Life Insurance
There are many choices when it comes to insurance, whether it's for your home, health/dental, auto or life. Some companies offer discounts if your get multiple insurance from them, such as home and auto, etc... It pays to compare insurance rates with many different companies, it could save you a lot of money per year.
I have my auto insurance through AARP. I'm qualified to receive their "over 50" lower rate, good driver discount, and since my car is older, I opted to eliminate the comprehensive coverage, so it's even more savings.
I have my auto insurance through AARP. I'm qualified to receive their "over 50" lower rate, good driver discount, and since my car is older, I opted to eliminate the comprehensive coverage, so it's even more savings.
Drive Less, Pay Less On Auto Insurance
I live in a city that has among the highest auto insurance rates in California. Knowing this ahead of time, I was still shocked to see my insurance premium double when it came time to renew my policy. I was determined to find a better insurance company before my current policy expired.
I researched all the major insurance companies and received quotes that were deceivingly false. The quote I was shown online was for a certain amount per month, then when I called to speak to an agent, somehow the quote was quite a bit higher! Needless to say, this was beyond frustrating and I was not going to fall for their bait and switch.
I did more research and found Metromile, they are a different kind of car insurance, they only charges you based on the miles you drive, putting you in control of how much you pay. I only drive approximately 300 miles per month, my average cost per month is about half of what my previous insurance was.
Traditional car insurance is unfair to low-mileage drivers. The number one risk indicator for drivers is how often they’re on the road. So if you’re already driving less, you should really start paying less. Pay-per-mile insurance costs less because it’s based on how many miles you drive. If you spend less time behind the wheel, you spend less money on insurance. Most people save an average of $500 per year.
How it works
With pay-per-mile insurance you pay a low monthly base rate plus a few cents per mile when you drive. At the end of the month, your bill is your base rate plus how many miles you drove at your per-mile rate. Just like with other insurance companies, several factors can influence your rate, including age, type of vehicle, and driver history. With pay-per-mile insurance, you aren’t charged for the miles you drive above 250/day (150/day in New Jersey). So if you go on a long trip, you’ll save big.
Measuring your miles
The key to pay-per-mile insurance is the Metromile Pulse, a small free wireless device that plugs into your car’s OBD-II port. Installation is easy, and once in place the Metromile Pulse securely counts your miles to determine your total monthly bill. Pay-per-mile insurance doesn’t consider other driving factors such as how fast you drive or how hard you brake, just how many miles you drive. With the Metromile Pulse in place, you have unlimited access to our smart driving app. This means you can keep track of your trips, monitor your car’s health and always know where your car is parked.
Pros and con
In my opinion, there are many positive benefits in switching to Metromile. I now have control over how much or how little I drive on a monthly basis. For example, I will choose to walk to the store to grab a few essentials instead of driving. Metromile's app and website tracks how many miles I'm driving on a daily basis, so there are no surprises at the end of the month. Another benefit I experienced was I got a text alert that I was parked on a street cleaning day, which saved me getting a ticket.
Some people might have reservations about installing the Metromile Pulse device on their vehicle. I personally don't have a problem with this, anybody on social media already has their data exposed to the social media companies already. This company and others like them is an industry disruptor on how traditional car insurance has been operating. The future for auto insurance and insurance in general will continue to shift. If you drive less than 200 miles a week you could save a ton of money on car insurance. I recommend you try Metromile as an affordable and frugal auto insurance option.
I researched all the major insurance companies and received quotes that were deceivingly false. The quote I was shown online was for a certain amount per month, then when I called to speak to an agent, somehow the quote was quite a bit higher! Needless to say, this was beyond frustrating and I was not going to fall for their bait and switch.
I did more research and found Metromile, they are a different kind of car insurance, they only charges you based on the miles you drive, putting you in control of how much you pay. I only drive approximately 300 miles per month, my average cost per month is about half of what my previous insurance was.
Traditional car insurance is unfair to low-mileage drivers. The number one risk indicator for drivers is how often they’re on the road. So if you’re already driving less, you should really start paying less. Pay-per-mile insurance costs less because it’s based on how many miles you drive. If you spend less time behind the wheel, you spend less money on insurance. Most people save an average of $500 per year.
How it works
With pay-per-mile insurance you pay a low monthly base rate plus a few cents per mile when you drive. At the end of the month, your bill is your base rate plus how many miles you drove at your per-mile rate. Just like with other insurance companies, several factors can influence your rate, including age, type of vehicle, and driver history. With pay-per-mile insurance, you aren’t charged for the miles you drive above 250/day (150/day in New Jersey). So if you go on a long trip, you’ll save big.
Measuring your miles
The key to pay-per-mile insurance is the Metromile Pulse, a small free wireless device that plugs into your car’s OBD-II port. Installation is easy, and once in place the Metromile Pulse securely counts your miles to determine your total monthly bill. Pay-per-mile insurance doesn’t consider other driving factors such as how fast you drive or how hard you brake, just how many miles you drive. With the Metromile Pulse in place, you have unlimited access to our smart driving app. This means you can keep track of your trips, monitor your car’s health and always know where your car is parked.
Pros and con
In my opinion, there are many positive benefits in switching to Metromile. I now have control over how much or how little I drive on a monthly basis. For example, I will choose to walk to the store to grab a few essentials instead of driving. Metromile's app and website tracks how many miles I'm driving on a daily basis, so there are no surprises at the end of the month. Another benefit I experienced was I got a text alert that I was parked on a street cleaning day, which saved me getting a ticket.
Some people might have reservations about installing the Metromile Pulse device on their vehicle. I personally don't have a problem with this, anybody on social media already has their data exposed to the social media companies already. This company and others like them is an industry disruptor on how traditional car insurance has been operating. The future for auto insurance and insurance in general will continue to shift. If you drive less than 200 miles a week you could save a ton of money on car insurance. I recommend you try Metromile as an affordable and frugal auto insurance option.
Spend Less On Insurance
• Free Health Insurance Price Comparisons - Free quotes for individual and family plans.
• Long Term Care Insurance - Best financial decision or biggest retired scam ever invented?
• Get Low Cost Car Insurance For Life - Simple formulas you can use to get low cost car insurance.
• Affordable Dental Care - Discount dental plans for individuals.
• Affordable Self-Employment Insurance - Free quote for self-employed individuals.
• Long Term Care Insurance - Best financial decision or biggest retired scam ever invented?
• Get Low Cost Car Insurance For Life - Simple formulas you can use to get low cost car insurance.
• Affordable Dental Care - Discount dental plans for individuals.
• Affordable Self-Employment Insurance - Free quote for self-employed individuals.
Resources on Frugal Insurance
Here are some great resources on how to save money on health, home, auto & life insurance. Check out more resources listed here.
• Frugal Insurance Bookstore - My favorite book picks on the subject of frugal insurance.
• Affordable Self-Employment Insurance - Free quote for self-employed individuals.
• Get Low Cost Car Insurance For Life - Simple formulas you can use to get low cost car insurance.
• Frugal Insurance Bookstore - My favorite book picks on the subject of frugal insurance.
• Affordable Self-Employment Insurance - Free quote for self-employed individuals.
• Get Low Cost Car Insurance For Life - Simple formulas you can use to get low cost car insurance.
