You live in the car or catch a blue moon ? Find out about the insurance mileage.
Your workplace is 50 kilometers from home and commute there every day from your home in your own car ? Do you travel by public transport and only use the car on weekends? Do you sit behind the wheel just a few days a year?
No, it is not a police interrogation or a poll. Are questions whose answers only know you, our reader, and indicate how you use your own vehicle. If we could hear them would have before us a very varied landscape, from people who do 20,000 or 30,000 kilometers each year to other leading only a few thousand.
Do you suffer the same wear another vehicle? Are you at the same risk as a regular driver who spends hours and hours behind the wheel that a person who uses his car only occasionally counted? Obviously the answer to both questions is no.
Many insurance companies specialize in auto have taken into account this reality and have acted accordingly. In its constant intention to generate products with greater adaptability to circumstances, needs and customer tastes, several of them have established the city as a relevant factor. Some have considered it as the essential element to consider in setting premiums; others as a more important variable in determining the type of insurance and tariffs set price for the customer.
Anyway, we talked about auto insurance for mileage . To pay depending on how much driving. How does this method work? Read on and you will know.
As simple as that. A greater number of kilometers traveled annually, the greater the amount of the premium to be paid. This approach has no difficulty, but ... how is carried out in practice? How the premium is calculated to pay?
Typically establish a bonus system , based on the approximate kilometers the client calculates tour with his own car throughout the year. Thus, the driver will buy bonds 2,000, 5,000, 10,000 kilometers ... depending on the distance you hope to accomplish in your car. And that will be the distance over which the insurance company will provide coverage .
It at this point we face a new question: What if the customer exceeds the agreed mileage before? This is something that insurers who bet on this model were taken into consideration, and it is customary to offer the particular hiring supplements mileage if such a situation, preventing a reduction in coverage was applied occurs.
And if it falls short ... what happens? Some companies also committed to returning to his client kilometers not traveled so you can add them to your bonus the following year, so that the money invested is not lost.
As for the measuring system , it is usual that the companies , or users - count devices or applications that allow do it and share it in such a simple way safely, eliminating the possibility of fraud. Brainer in the era of technology .
But of course the mileage is not the only factor driving risk and other insurance companies have decided to go further and offer products that also take into account other factors. Basically the driving quality (with a device that provides a function of certain variables such as speed or abruptly in vehicle movement), but also others such as the places which usually -paths or urban roads - driving or even the times at which traffic moves.
As we can see, there are practically more types of car insurance. But there is no doubt that the flexibility , adaptability to every situation by betting companies is good news for customers. And these products is confirmed once again.
Your workplace is 50 kilometers from home and commute there every day from your home in your own car ? Do you travel by public transport and only use the car on weekends? Do you sit behind the wheel just a few days a year?
No, it is not a police interrogation or a poll. Are questions whose answers only know you, our reader, and indicate how you use your own vehicle. If we could hear them would have before us a very varied landscape, from people who do 20,000 or 30,000 kilometers each year to other leading only a few thousand.
Do you suffer the same wear another vehicle? Are you at the same risk as a regular driver who spends hours and hours behind the wheel that a person who uses his car only occasionally counted? Obviously the answer to both questions is no.
Many insurance companies specialize in auto have taken into account this reality and have acted accordingly. In its constant intention to generate products with greater adaptability to circumstances, needs and customer tastes, several of them have established the city as a relevant factor. Some have considered it as the essential element to consider in setting premiums; others as a more important variable in determining the type of insurance and tariffs set price for the customer.
Anyway, we talked about auto insurance for mileage . To pay depending on how much driving. How does this method work? Read on and you will know.
More mileage, more money
As simple as that. A greater number of kilometers traveled annually, the greater the amount of the premium to be paid. This approach has no difficulty, but ... how is carried out in practice? How the premium is calculated to pay?
Typically establish a bonus system , based on the approximate kilometers the client calculates tour with his own car throughout the year. Thus, the driver will buy bonds 2,000, 5,000, 10,000 kilometers ... depending on the distance you hope to accomplish in your car. And that will be the distance over which the insurance company will provide coverage .
It at this point we face a new question: What if the customer exceeds the agreed mileage before? This is something that insurers who bet on this model were taken into consideration, and it is customary to offer the particular hiring supplements mileage if such a situation, preventing a reduction in coverage was applied occurs.
And if it falls short ... what happens? Some companies also committed to returning to his client kilometers not traveled so you can add them to your bonus the following year, so that the money invested is not lost.
As for the measuring system , it is usual that the companies , or users - count devices or applications that allow do it and share it in such a simple way safely, eliminating the possibility of fraud. Brainer in the era of technology .
"Not only mileage living insurance"
But of course the mileage is not the only factor driving risk and other insurance companies have decided to go further and offer products that also take into account other factors. Basically the driving quality (with a device that provides a function of certain variables such as speed or abruptly in vehicle movement), but also others such as the places which usually -paths or urban roads - driving or even the times at which traffic moves.
As we can see, there are practically more types of car insurance. But there is no doubt that the flexibility , adaptability to every situation by betting companies is good news for customers. And these products is confirmed once again.