English
SpanishWhat is Pay-per-Mile Car Insurance?
With the economy being what it is today, most shoppers are looking for ways to save money on monthly expenses. One money-saving option that has been making news is Pay-per-Mile car insurance. But what is it and can it really help you save enough to be worth the hassle of switching? The experts at Indy Car Financing did a little research to learn more about Pay-per-Mile car insurance and whether it would save our Indianapolis and Speedway customers money. We were pleased with what we learned.
The Benefits of Pay-per-Mile Car Insurance?
Pay-per-Mile insurance is a usage-based policy that charges customers premiums based on several factors:
- Type of Vehicle
- Odometer Reading
- Length of Use
- Area of Usage
- Driving Style
This can be a huge benefit to drivers who have short commutes, drive mostly during daylight hours, and tend to avoid more hazardous parts of the city. This type of policy is also beneficial for any driver whose car spends much of its time garaged, since you don’t have to pay high premiums when the car is not in use. It can also be a benefit for younger drivers who would otherwise pay high premiums due to inexperience.
This type of insurance would not likely work well for drivers who make heavy use of their vehicle, commuters with privacy concerns regarding the use of a GPS device to monitor their driving or drivers of older cars that may not be compatible with the current GPS technology.
If You’re On the Hunt for a Car, Let Indy Car Help
If you’re ready to get behind the wheel of a new or used car, come to Indy Car Financing. We can help you understand the insurance and financing options available to you and get you financed regardless of past credit history. Get started now and get on the road tonight for less than you might expect.
See if You Can Save With Pay-per-Mile Car Insurance for Your Indianapolis and Speedway Commute
Once you’ve found the right pay-per-mile car insurance to suit your Indianapolis and Speedway lifestyle, contact Indy Car Financing at (855) 468-6215 or visit Speedway Chevrolet at 5252 W 38th St in Indianapolis to get your finance adventure started.