The best auto insurance tips for 2022 – Forbes Advisor


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The world of cars and trucks has some exciting new developments slated for 2022. Well, mostly make them trucks.

Ford’s F-150 has been the best-selling vehicle year after year, and in 2022 you’ll be able to purchase its first all-electric edition, the F-150 Lightning. Not to be outdone, Chevrolet is expected to launch its all-electric Silverado truck in early 2022. We’re still waiting for the Tesla Cybertruck to show up, maybe 2022 will be the year. If not, maybe the Metaverse has one you can virtually hop on to help you out, or you can always grab a Tesla Cyberwhistle for $ 50.

Auto insurance might not be as fun as driving down the back roads in a new electric truck, but it can definitely help protect you.

To give you a new perspective on how you can save time and money on your auto insurance, we’ve put together some simple tips for you to try. They might not be as much fun as this Cyberwhistle, but the savings might help you pay for it.

Drive less? Search Pay-Per-Mile Insurance

Maybe you don’t drive so much because you are part of the Great Resignation. Or you keep your job but work from home indefinitely. Either way, you might want to try another auto insurance pricing model like kilometer insurance.

In general, here’s how it works: You’re billed a base rate per month plus a rate per mile. Your monthly bill will depend on how much you drive. For example, if you drive 600 miles per month at a base rate of $ 40 and a rate of $ 0.05 per kilometer, your bill for that month would be $ 70 ($ 40 base plus 600 miles x $ 0.05 = $ 70).

Just keep in mind that if you go back to your office and take a long commute daily, you could end up paying more per month than with a traditional auto insurance policy. If this happens, search again for a font that best meets your needs.

Do you mind having your driving monitored? You could save big

If you’re looking for a big discount on auto insurance, you might want to try Usage Based Insurance (UBI).

In a recent study, Arity, an analytics company, found that drivers believe the three most important assessment factors should be: driving history, number of miles traveled, and how safely they drive. Usage insurance takes these elements into account, including safe driving.

UBI uses telematics (via plug-in or app) to monitor your driving behavior. Depending on your score, you may qualify for a discount. UBI is easier than ever to try because all the top insurance companies now have a program.

Typically, a discount of up to 10% is offered for registration only. If you show good driving habits, you can get a relatively decent discount. For example, Nationwide’s SmartRide advertises a discount of up to 40% if you’ve proven to be a safe driver.

You usually don’t get faulted for bad behavior, so it may be worth earning a big discount. (Progressive’s Snapshot program might result in a higher rate if you show poor driving.) However, if you find that the program is not a good fit, maybe you are braking harder than you want, you can opt out – no harm, no fault.

Keeping an eye out for teenage drivers

Usage-based insurance can also be helpful if you have a teenage driver who is a good driver. You will be able to view their driving reports through the UBI program, and if they are favorable, you will get a discount to help you with the super high teen car insurance rates. If the teenager isn’t driving very well, you will at least find out what they need to be a better driver.

A few companies have specific programs for teens in the hope that they will make them safer drivers and may offer the benefit of a discount. Some programs will monitor an adolescent’s driving while others will focus on driver education.

Talk to your insurance company to see what deals they have for teenage drivers, then shop around to make sure you’re picking the right company for your teenager and your wallet.

Make sure you’re covered before making deliveries

Whether it’s your teenager delivering pizza or using your car to deliver items, check with your insurance company to make sure you have the right kind of coverage.

Making deliveries with your vehicle is considered business and not personal use by insurance companies. If you have a car accident while you are working, your auto insurance company might deny the claim, forcing you to pay car repair bills and medical bills out of pocket. The right coverage can help you avoid a potential financial disaster like this.

Review your insurance, but think twice before giving up coverage

At least once a year, you should review your auto insurance policy to make sure your coverage, limits, and deductibles still match your needs. The time of renewal is a good time to do so and also to compare auto insurance rates.

If you have an older car, you may want to consider ditching collision and comprehensive insurance to save on your auto insurance bill.

But beware: dropping coverage could leave you with a significant coverage gap. For example, if you hit a railing on a snowy day or hit a fence, you will be forced to pay your car repair bills yourself if you don’t have collision insurance.

Here’s a quick guide to what comprehensive and collision coverage is:

In a mishap? File a contactless auto insurance claim

If you need to file an auto insurance claim, see if you can file a virtual auto insurance claim. You can usually do this through your insurer’s mobile app or website. Many insurers now offer this functionality.

Depending on the complexity of your complaint, you may be able to go through the entire complaints process from the comfort of your sofa.

For example, you might be able to upload photos of the damage to the car, have your insurer use them to determine a repair quote, and then send you instant payment through a service like Venmo.

Don’t miss it, download the insurer’s app

These days, the mobile apps of auto insurance companies are full of goodies. Not only do you have proof of insurance and policy documents handy, but with many companies, you also have the ability to easily file an auto insurance claim.


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