Usage Based Insurance Programs Will Help Drivers Get Cheap Auto Insurance

LOS ANGELES, Jan. 25, 2019 /PRNewswire-PRWeb/ -- Carinsuranceplan.org has released a new blog post that explains what is Usage Based Insurance and how it can help drivers save money on car insurance.

UBI programs break the way in which the risk profile for any driver is determined. They rely on each driver's performances, instead of statistical models. UBI prices are calculated after analyzing data sent by telematics devices. Policyholders that use UBI have the following benefits:

    --  Get discounts really fast. Having a telematics device installed for a
        short period of time (usually is 30 days), will help the insurance
        company to determine if the client is a good driver and qualifies for a
        discount. With traditional policies, the driver has to wait several
        years.
    --  Low mileage discounts. Persons who drive less present a lower risk of
        filing a claim. UBI devices analyze the mileage and allow drivers to get
        better rates and discounts.
    --  Encourage drivers to adopt better habits. Knowing that his driving
        skills are monitored will determine the client to adopt an appropriate
        driving style. Having good driving habits will also decrease costs.
    --  UBI is useful when an accident happens. The telematics devices record
        data like speed, acceleration, hard braking, direction, and airbag
        deployment. These data are important for investigators when they try to
        find out what happened and who is responsible in case of an accident.
    --  Large discounts for teens. UBI coverage will enable teens to get
        affordable coverage. The lack of driving history and the higher chance
        of getting involved in accidents place teen drivers in the high-risk
        category. Having good driving habits for the period the telematics
        device is installed, can lead to substantial discounts on the premiums
        paid by teen drivers

For more info, money-saving tips and free quotes, visit https://carinsuranceplan.org/

Carinsuranceplan.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

SOURCE Carinsuranceplan.org