Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Pay-As-You-Drive Auto Insurance Options

Monday, November 5, 2012 - 5:24 PM
If you don't drive much and if you're a safe driver, you can save money with these pay-as-you-drive insurance plans. This Business Insider article has a good overview of the popular plans. Unfortunately, many aren't available nationwide.

Some of the ones reviewed in the article include Progressive's Snapshot, State Farm's Drive Safe & Save and In-Drive, Allstate's Drive Wise, The Hartford's TrueLane, Travelers' IntelliDrive, Esurance's DriveSense, Safeco's Rewind and GMAC Insurance’s Low Mileage Discount.

A small insurer in Texas, MileMeter, used to offer big savings for low-mileage drivers. However, it looks like their business model had problems. MileMeter no longer exists as an auto insurance company.
2
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,611
Reply