Insurance Lesson

Telematics

Insurance per-mile is a new way to determine premium for your auto insurance. Typically measured via your smart phone or installed telematics device, your driving is reported back to your insurance company and a new premium is calculated every month. This can mean a lower rate for safe driving and fewer miles, however, the more you drive and also HOW you drive can increase your rates.

Lesson Script

What This Video Covers

Insurance per-mile is a new way to determine premium for your auto insurance. Typically measured via your smart phone or installed telematics device, your driving is reported back to your insurance company and a new premium is calculated every month. This can mean a lower rate for safe driving and fewer miles, however, the more you drive and also HOW you drive can increase your rates.
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