Cheap Car Insurance 2020 - Why Teen Drivers Should Use Brokerage Websites - Yahoo Finance

Cheap Car Insurance 2020 - Why Teen Drivers Should Use Brokerage Websites - Yahoo Finance


Cheap Car Insurance 2020 - Why Teen Drivers Should Use Brokerage Websites - Yahoo Finance

Posted: 14 Jan 2021 07:10 AM PST

InvestorPlace

10 Smart Stocks to Buy With $5,000

If you're looking to build a portfolio of stocks to buy with just $5,000, the advent of fractional share ownership has made it a whole lot easier. Google the words "fractional share portfolios," and you get 527,000 results with everything from reviews on seven of the best fractional share investing brokerages to links to some of the leading players in this burgeoning area of the markets. Many think of Robinhood when they think fractional, but the truth is almost every major online broker in this country's got some offering or service.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Heck, I can remember years ago, when FolioFN was the only game in town. Launched in 2000, it was acquired by Goldman Sachs (NYSE:GS) in May 2020. FolioFN's self-directed accounts are scheduled to be transferred to Interactive Brokers (NASDAQ:IBKR) early in 2021. In the meantime, for those who don't want to do the work of constructing a $5,000 portfolio of stocks to buy, here are 10 recommendations to help get you started. Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) Tesla (NASDAQ:TSLA) Nvidia (NASDAQ:NVDA) SVB Financial (NASDAQ:SIVB) Roku (NASDAQ:ROKU) Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) Dollar General (NYSE:DG) Apple (NASDAQ:AAPL) Williams-Sonoma (NYSE:WSM) Thor Industries (NYSE:THO) 9 Stocks That Investors Think Are the Next Amazon Their share prices will add up to $5,000 or less. To make things interesting, all 10 stocks must have share prices exceeding $100. Stocks to Buy: Alphabet (GOOG, GOOGL) $1,740 Source: BigTunaOnline / Shutterstock.com It's funny, I had intended to include Amazon (NASDAQ:AMZN) in my list of 10 stocks to buy, but given I was limiting my names to those companies with shares prices greater than $100, the e-commerce giant's $3,166 share price would have made it awfully hard to fit nine more under $5,000. So I went with Alphabet, a company I didn't write about at all in 2020, but helps me achieve my task. InvestorPlace's Mark Hake recently suggested that rising ad sales make it an attractive investment in 2021. My colleague compares Google to the valuations of Apple, Microsoft (NASDAQ:MSFT), and Amazon. He reckons that Google should have a similar valuation to the three companies at $1.43 trillion or 6.7 times sales. As I write this, Google's market capitalization is $1.18 trillion, 17% below Hake's simple calculation, which puts its share price at $2,112 per share. I like the upside. Tesla (TSLA) $845 Source: franz12 / Shutterstock.com The second-highest share price in our $5,000 portfolio, we can thank Elon Musk for doing a five-for-one stock split in August 2020. Without it, TSLA would take up 86% of our investment capital. I'm an unabashed Tesla fan, so I'm not going to give you reasons why the valuation is over-the-top, although there's no question it puts all the other large car companies to shame with its $810 billion market cap. InvestorPlace contributor Matt McCall recently gave investors some wise advice regarding the electric vehicle (EV) maker. McCall believes that rather than griping about the price you have to pay for its shares, embrace the fact that even the mighty Tesla has corrections, so buy like crazy on the rare occasion that it happens. To illustrate his point, McCall references its pullback in September 2020, shortly after its stock split. On Aug. 31, it was trading just under $500. In a week, it fell 34% after Tesla was left off the annual additions list for the S&P 500. 7 Cheap Stocks to Buy as Democrats Gain Control Ultimately, Tesla was added to the index on Dec. 31. As money managers added TSLA to their portfolios, it moved even higher. Nvidia (NVDA) $528 Source: Hairem / Shutterstock.com If you're one of the lucky investors who joined the Nvidia bandwagon five years ago when it was trading around $26, you're sitting on an annualized total return of more than 79% through Jan. 13. It's crazy to think that things can get any better for NVDA shareholders over the next five years. Still, they actually could, given the growth in gaming, cloud computing, and artificial intelligence. As my InvestorPlace colleague, Faizan Farooque, recently stated, you most certainly won't be buying Nvidia if you're a value investor — it trades at 45 times its forward earnings, far higher than many of its peers — but when it can grow sales at 50% a quarter and continue to beat analyst expectations, it most certainly deserves a premium valuation. In June 2019, I argued that Nvidia's free cash flow made it a great stock to buy on dips. At the time, it had lost about half of its value over nine months — October 2018 to June 2019 — and was trading around $145. Some 18 months later, it's up almost four-fold and generating more than $4.2 billion in 12-month free cash flow. Buy some now and wait for the next big dip. It's bound to happen sooner or later, no matter the near-term prospects. SVB Financial (SIVB) $465 Source: Pavel Kapysh / Shutterstock.com I'm not going to say too much about SVB Financial because it's one of those bank stocks to buy that you have to get to know for yourself to understand why it's so special. You wouldn't think this was the case by the analyst coverage of its stock. At the moment, 21 analysts cover SIVB, with eight rating it a buy and 12 a hold with an average price target of $424.49. Sure, it's come a long way over the past year compared to its peers — it has a one-year total return of 74.2% — but that's because investors recognize that the bank's laser-like focus on providing lending, asset management, and banking services to innovators and entrepreneurs will always be in demand. Recently, it announced that it would pay $900 million to buy Boston Private Financial Holdings (NASDAQ:BPFH) for a combination of cash and stock. The Boston-based private bank specializes in wealth management and other banking services. Together, SVB Financial's wealth management business will have almost $18 billion in assets under management. The 7 Best Marijuana Stocks on the Markets Right Now Continue to ignore SIVB at your peril. Roku (ROKU) $418 Source: JHVEPhoto / Shutterstock.com The streaming platform has gotten off to a hot start in 2021, up 26% year-to-date and more than 205% over the past 52 weeks. Roku and HBO Max parent, Warner Media, buried their longstanding disagreement recently by announcing that the streaming service would be available on Roku as of Dec. 17, 2020. By getting a spot on Roku, HBO Max is now on all the major over-the-top platforms. "We believe that all entertainment will be streamed and we are thrilled to partner with HBO Max to bring their incredible library of iconic entertainment brands and blockbuster slate of direct-to-streaming theatrical releases to the Roku households with more than 100 million people that have made Roku the No. 1 TV streaming platform in America," Scott Rosenberg, SVP of Roku's platform business, said in a statement. The key part of the above statement is that Roku believes that all entertainment will eventually be streamed. I couldn't agree more. That's why I recommended ROKU stock in December 2017 and still recommend it among stocks to buy in 2021. Berkshire Hathaway (BRK.A, BRK.B) $235 Source: Jonathan Weiss / Shutterstock.com I recently read an article about the reasons why Warren Buffett failed in 2020. This kind of analysis of the Oracle of Omaha has been going on for years, possibly as long as Buffett's been investing in stocks to buy. Yes, Berkshire Hathaway severely underperformed the S&P 500 in 2020 — up 2.5% versus 16.5% for the index — but I've always believed that the biggest boost to BRK stock will come when the holding company has to be methodically wound down due to the passing of Buffett and Charlie Munger. Consider that its equity portfolio, which is massive at $271 billion, represents just one-third of Berkshire's assets at the end of September 2020. I can assure you that the true value of the $418 billion or so in privately-owned assets on its balance sheet is worth far more than this. When the time comes to wind it down, the board will do what's necessary to ensure fair value is obtained for every business. It's possible the process could take a decade or more. The 7 Best Startups You Can Buy on StartEngine Right Now When people say that Warren Buffett has lost his touch, they forget that the final tally has not been given. Not by a longshot. Dollar General (DG) $213 Source: Jonathan Weiss / Shutterstock.com It's not a secret that Dollar General caters to customers that don't have a tremendous amount of disposable income. It probably also doesn't come as a surprise that its employees aren't flush with cash, so the fact that it will pay those of its 157,000 employees who get a vaccine four hours of pay is noble. And smart business. "'We do not want our employees to have to choose between receiving a vaccine or coming to work,' Dollar General (DG) said in a press release, noting that its hourly workers face hurdles to getting vaccinated, such as travel time, gas mileage or childcare needs." If there's a retailer that has done well during Covid-19, Dollar General would have to be at the top of the list. In early December, Dollar General reported Q3 2020 results that included 12.2% same-store sales growth and a 62.7% increase in earnings per share. As a result, it's passed on a total of $173 million in 2020 for employee appreciation bonuses. As it continues to open more stores while simultaneously growing its gross margins, the fact that it remembered that its employees are the ones who deliver this good fortune to shareholders is a big reason why DG stock will continue to move higher in 2021. Apple (AAPL) $130 Source: Hadrian / Shutterstock.com Most of the talk around AAPL stock right now revolves around its long-simmering Project Titan and its efforts around delivering its own autonomous electric vehicle. The Verge recently reported that Apple held discussions in 2020 with Canoo (NASDAQ:GOEV), the EV startup using a platform based on a skateboard to provide a much better cabin design for its future vehicles. Canoo apparently just wanted some investment capital. Apple, on the other hand, was thinking more about acquiring the business and integrating it into its existing work in this area. The two didn't come to an agreement. Canoo went public and Apple's now working with Hyundai (OTCMKTS:HYMTF) on getting a self-driving EV to market by 2024. Wedbush Securities analyst Dan Ives recently suggested that Apple could be worth $3 trillion by sometime in 2022 due to strong iPhone 12 sales. He projects it could sell as many as 250 million in 2021. "If Apple continues to execute at this pace, a $3 trillion market cap could be on the horizon over the 12 to 18 months," Ives is reported to have said. 7 Dividend Stocks That Are Growing Their Payouts As I write this, it's at $2.2 trillion. Williams-Sonoma (WSM) $125 Source: designs by Jack / Shutterstock.com Several news outlets reported that the retailer's CEO, Laura Alber, sold some Williams-Sonoma stock just before Christmas. Don't be alarmed; it was only 15,000 shares or 3.5% of her total holdings. And it was part of her Rule 10b5-1 trading plan started in September 2019. As I always like to say, even wealthy CEOs have bills to pay. Over the past year, Williams-Sonoma stock has delivered a total return of 61.4% for its shareholders, including Alber. That's double the returns of the specialty retail sector as a whole and three times the entire U.S. markets' performance. In June 2016, I called WSM one of the best retail stocks to buy due to its excellent omnichannel experience. Going on five years later, nothing's changed about that assertion. During Covid-19, business at the retailer has been full-speed ahead. Here's what I said about it in December: "It's got a business that's ideally balanced between online and brick-and-mortar sales. In the second quarter, it generated 76% of its sales online; in Q3, due to the novel coronavirus constraints, its online sales accounted for 70% of its total revenue — while growing by almost 50% over last year– and that's during a pandemic," I said on Dec. 9. "More importantly, its Q3 profits were through the roof — up 151% to $2.56 a share thanks to significantly higher margins — and that was only through Nov. 1. It doesn't include Black Friday and Cyber Monday." The world's going digital, and that's good news for Williams-Sonoma. Thor Industries (THO) $105 Source: Angel DiBilio / Shutterstock.com There is no question that 2020 was good for recreational vehicle manufacturers such as Thor Industries, as people young and old sought the great outdoors, away from the maddening, Covid-19 crowd. The problem for investors who've followed the RV industry for any length of time is that the good times never seem to last. In the case of the novel coronavirus, once vaccines make humans comfortable with packing together in large crowds, the great outdoors won't be nearly as enticing as Paris or Australia. That being said, the latest push into RVs may be coming from a sub-set of consumers who might actually take to the open road. "All dealers are reporting a high mix of first-time buyers as evident by lack of trade-in units," said Wells Fargo analyst Tim Conder in a July 15, 2020 note. "Dealers are saying as high as 80% of customers are first-time buyers … vs. the typical 25% mix. The pandemic is driving the purchase decision for new-entrants." If even half of those first-time buyers stick around long enough to upgrade to a bigger or better model, Thor Industries might not have to worry about the eventual downturn. To me, THO is one of the perfect stocks to buy for the long haul, buying more whenever it corrects by more than 5-10%. On the date of publication, Will Ashworth did not have (either directly or indirectly) any positions in the securities mentioned in this article. Will Ashworth has written about investments full-time since 2008. Publications where he's appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner It doesn't matter if you have $500 in savings or $5 million. Do this now. The post 10 Smart Stocks to Buy With $5,000 appeared first on InvestorPlace.

5 Ways Young Drivers Can Save on Car Insurance - Nasdaq

Posted: 05 Jan 2021 12:00 AM PST

[unable to retrieve full-text content]5 Ways Young Drivers Can Save on Car Insurance  Nasdaq

10 finest automotive insurance coverage firms within the US for 2021 - The Shepherd of the Hills Gazette

Posted: 16 Jan 2021 06:49 PM PST

No matter what type of vehicle you own or how often you use it, you almost certainly need to have car insurance. Not only is it the law in 48 out of 50 states, you definitely want to be prepared in the unfortunate case of an accident. But what insurance is best, and what sort of coverage do you need? Our picks for the 10 best car insurance companies will help you make your decision.

The most general car insurance policies will provide you with bodily injury liability coverage or protection against property damage if an accident occurs. Then there are other types of specialized insurance. These can cover damage to your own vehicle for a variety of reasons (collision coverage), incidents with uninsured or underinsured drivers, roadside assistance, plus medical expenses incurred due to accidents. Some car insurance companies even have comprehensive car insurance coverage options that can include roadside assistance or that can be bundled with homeowner's insurance (if you own a home). Depending on the insurance you get, you could have a coverage limit or full comprehensive coverage, though most states require all drivers to at least have liability insurance.

The costs covered in an auto insurance quote can accumulate for an uninsured or underinsured motorist. Having comprehensive coverage can help keep out-of-pocket costs associated with car insurance premiums in check. Note that the monthly premium on your car insurance policy typically won't cover wear and tear on a vehicle, damage incurred by driving under the influence or by drivers not listed on the car insurance policy, and damage to the engine as a result of oil leakage.

There are an estimated 300 car insurance providers in the US, ranging from those operating at a nationwide level to smaller companies. So sorting through insurance provider options to determine the best car insurance companies and offers can be intimidating. Before committing to a car insurance rate with a nationwide insurance company, it's worth checking to see if you have any well-reviewed statewide insurance provider options in your area.

"Once you have a clear picture of how you use your car and your priorities, you're ready to shop for insurance," says Janet Ruiz, director of strategic communication at the Insurance Information Institute. "Generally, it's a good idea to compare policies from at least three different insurers. You'll want to consider fundamental factors such as coverage and price."

It's also worth delving into an insurance provider's history. "Be sure to check out the claims handling of the company before buying insurance," says Dan Karr, CEO and founder of ValChoice. "Insurance that won't pay a claim was a waste of money, no matter what the price."

There is also a lot that goes into a car insurance policy. A car insurance quote for "standard coverage" may include factors such as bodily injury liability, property damage, accident forgiveness and roadside assistance. Having a teen driver on your insurance policy can also impact your insurance premium. Then there's gap insurance or personal injury liability insurance coverage and more. "Check prospective policies too for secondary options that could prove beneficial," says Ruiz, "such as glass coverage, which often comes without a deductible, or reimbursement for a rental car." How can you compare all these things as you're trying to choose which auto insurance coverage is best for you?

"Try to compare apples to apples when choosing your insurance policy," says Ruiz. "All of the policies that you review should have the same types and amounts of coverage. It is difficult to compare policies, for instance, if one provides $50,000 in property damage liability coverage, another only $30,000, and a third $100,000." Understanding what goes into insurance coverage will help you make the best decision for your particular situation, but where do you start? 

You could do a deep dive into each auto insurance company's website to better understand their coverage level, but we're making it easier to find the best car insurance coverage for you by narrowing down the list. We've picked the 10 best insurance companies in the country, based primarily on audience satisfaction, as measured by the J.D. Power 2019 US Auto Insurance Study. The study measures five criteria: interaction, policy offerings, price, billing process and claims. 42,759 customers were polled from February through April 2019.

The top-scoring auto insurance policy overall was Geico, reporting high customer satisfaction levels in all regions of the country and making it the No. 1 auto insurer in the US. This insurance carrier is also routinely ranked among the cheapest car insurance coverage providers (and a big premium is a big expense), which undoubtedly contributes to the satisfaction.

That said, your auto insurance rates will ultimately be determined by personal factors, such as where you live, your credit score (for the best rates, a credit score of 770 or above is recommended) and the type of vehicle you drive, as well as its age and whether you have an accident on your driving record. The good news is that you can actually lower your insurance coverage costs if you maintain a safe driving record or work on your credit score — or your grade point average.

Further, depending on your insurance provider, you can bundle your car insurance policy with life insurance, homeowners insurance or renters insurance, among others. As mentioned above, there are so many factors that go into so-called "standard coverage" and auto insurance rates, it's all dependent on the kind of insurance product you're looking for, from cheap car insurance options to a more comprehensive plan.

"For young drivers, there are discounts for taking drivers' certification courses and maintaining above a B average," says Karr. "Several discounts are based on the vehicle, including safety features like remote engine shutoff, anti-lock brakes, and airbags. There are also discounts for storing the vehicle in a garage. Many insurers provide discounts for insuring multiple cars through the same company and for owning a home and insuring the home through the same company."

When you do find a solution, Ruiz explains how you can do your due diligence: "First, double-check that an insurer is licensed in your state by visiting the website of your state's insurance division, where you can also review information about consumer complaints filed against insurance companies. In addition, you can check review websites and talk to friends about their experiences with insurers. Finally, take a few minutes to make sure prospective insurers are in good financial standing. Financial ratings agencies will provide this information. Online tools will often provide ratings information as well."

5 things to know before you sign up for car insurance

1. What kind of coverage does your state legally require you to have? In most states, bodily injury liability coverage and property damage liability are necessary to drive, but you'll want to check the specifics of insurance premiums with auto insurance providers where you live.

2. What sort of coverage do you want? Most car insurance companies offer many different policies with various coverage options that cover a variety of damages and risks, so your first step should be to determine your risks and how to compensate for them.

3. Which auto insurers are best? We've got this covered in detail.

4. It's important to shop around. Even the cheapest car insurance company may not offer the best auto insurance rates for someone in your situation. Likewise, you may want a more comprehensive plan that makes more sense at another car insurance company.

5. What payment plan is best for you? Some companies offer a variety of ways to pay (such as annually versus monthly, or with transfer of electronic funds), so you can figure out which one works best for you and then request it.

Before getting into the list of the best car insurance options, it's worth mentioning that not every car insurance company has your best interests at heart, both when offering auto insurance quotes or after you've been in an accident. A Buzzfeed News report from August revealed that State Farm, Farmers and Erie Insurance are three of a number of insurance companies that have paid off law enforcement to investigate their customers for fraud. All of those companies have been excluded from this ranking.

Geico

830

Allstate

826

Progressive

818

Auto-Owners Insurance

841*

Esurance

836*

Liberty Mutual Insurance

810

Nationwide

808

Travelers Insurance

818*

Safeco

810*

USAA

891*

* Not available in every region of the US, or to every person in the US. This affects overall placement.

GEICO

Geico's clever commercials ensure that it remains one of the best-known car insurance options in the country, but its customers know the company for the great service and support it offers, along with some of the cheapest insurance prices. Geico's 97% customer satisfaction rate speaks for itself, as does its long list of honors, including the most desired insurer according to Kanbay Research Institute. You know, just in case the gecko isn't enough to convince you that you want its insurance coverage.

Allstate

Allstate was one of the rare car insurance companies ranked on every single one of J.D. Power's regional customer satisfaction lists — and was No. 1 in Florida. Allstate prides itself on claims satisfaction and on its scope of coverage options. It offers a host of car insurance discounts that, depending on your circumstances, could easily make it the most cost-effective auto insurance policy available for many motorists.

Progressive

A giant in the insurance world with over 18 million customers, Progressive manages to attract and retain so many satisfied customers with continued commitment to saving its customers money on their car insurance rates. Progressive was the first auto insurer to offer safe-driving discounts, which makes the company a great option for people with a good driving record who are looking for the cheapest car insurance options. Even today, customers who switch to Progressive save an average of $699 per year.

Auto-Owners Insurance

Auto-Owners Insurance may not have the flashy marketing presence of the competition, but how many of them can say they've been around almost as long as cars have? Established in 1916, the company has nearly 3 million car insurance policy holders across 26 states. Its high rankings from J.D. Power might prompt you to check if it has coverage where you live.

Ranked the No. 1 auto insurer in California, Esurance in quickly making inroads around the country (the company operates in 43 states). A division of Allstate, Esurance promises customers that switching or signing up for car insurance can be as easy as possible, or "painless," as the company puts it.

Users agree with the assessment, as reviews on the website call attention to how fast and easy it is to sign up, either online or with the Esurance app. And calling all introverts, you likely won't have to talk with an insurance agent directly to get set up.

Liberty Mutual Insurance

Operating globally, Liberty Mutual is the fifth-largest property and casualty insurer in the world. Still, the company makes it very clear that its business starts with you and the first step in that journey is getting an insurance coverage quote.

Most insurers offer free car insurance quotes on their websites, but Liberty Mutual offers you a discount for using its own — you can save up to 12% off your rate by getting a car insurance policy quote online.

Nationwide Insurance

With over 90 years covering drivers, Nationwide has learned a thing or two about what keeps customers happy (and in turn, what keeps them customers). The company's list of visions and values shows exactly where its priorities lie.

Top ratings from a variety of outlets (such as A.M. Best, S&P and Moody's) would suggest that it's working. Those values extend to employees, as well — Nationwide was ranked No. 53 in Fortune's most recent list of the "100 Best Companies to Work For."

Travelers Insurance

Among the many plans Travelers offers is a car insurance coverage policy that you can customize based on your needs. Rather than upsell users, Travelers offers a host of resources (in the form of blog posts) designed to educate motorists prior to policy purchase. An informed customer is a happy customer.

Safeco Insurance

A division of Liberty Mutual, Seattle-based Safeco has been in the car insurance business for over 85 years and has been a national presence for more than two decades. Safeco partners with local agents who can devote the time and attention that customers need in order to get all of their individual car insurance questions answered and requests met.

Metlife

If we were judging solely on satisfaction, the United Services Automobile Association would take the top spot in our rankings. What affects the USAA's ranking is that its scope is narrower than those of most other auto insurers, as the company only offers coverage to service members, veterans and their families. That said, USAA offers prices that even beat Geico's, with customers who switch saving an average of $707 a year.

More help buying a new car

Originally published earlier and updated periodically.  

Climb in the driver's seat for the latest car news and reviews, delivered to your inbox twice weekly.

How Can Usage-Based Insurance Help Policyholders Save Money? - Insurance News Net

Posted: 23 Dec 2020 12:00 AM PST

LOS ANGELES (PRWEB) December 23, 2020

Compare-autoinsurance.org has launched a new blog post that explains how drivers can get cheaper car insurance with the help of usage-based programs.

For more info and free car insurance quotes, check https://compare-autoinsurance.org/top-advantages-of-usage-based-insurance/

Drivers can lower their car insurance costs by enrolling in a usage-based insurance program. Usually, a small telematics device is installed inside the policyholder's vehicle. This device will send data about the time of day when the car is driven, braking, acceleration, speed, cornering, and the distance traveled in one day.

Drivers that allow their insurer to monitor their driving habits can receive the following benefits:

Advertisement
  • Good drivers will get fast discounts. Compared to the traditional method that took years of driving history to be analyzed in order to get a good driver discount, this method only takes several months of driving history to be analyzed in order to qualify for a discount.
  • Drive less for better premiums. If the policyholder changes his driving habits, this will reflect in the paid insurance rates. Policyholders can drive fewer miles in order to qualify for a low-mileage discount.
  • It encourages policyholders to become better drivers. Knowing that every bad driving habit like how often the driver is hard braking, turns too sharply, or he is speeding is monitored by the insurer, can determine the policyholder to become a better driver.
  • It helps accidents investigation. The telematics device records the moments before an accident happens. Data like the speed and the direction the car was traveling, airbag deployment and hard braking can help the investigators to find out what happened and who is at fault. Fraudulent claimants are also easier to catch by insurance companies.
  • It helps policyholders recover their stolen vehicles. Telematic devices come installed with tracking technologies. For this reason, recovering a vehicle equipped with one of these devices is much easier for the authorities.
  • Large discounts for teen drivers. Teens can lower their insurance rate by allowing them to be monitored by their insurer. Their rates can significantly reduce if they have good driving habits.

For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/

Compare-autoinsurance.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.

Read the full story at https://www.prweb.com/releases/how_can_usage_based_insurance_help_policyholders_save_money/prweb17632613.htm

Comments

Popular Posts

90 Best Good Night Messages - Good Night Texts - The Pioneer Woman

American Family Insurance Review 2019: Home & Car - Bankrate.com

The 10 best romance novels of 2022 - The Washington Post