Here in New Jersey, we have one of the highest auto insurance rates in the country. The main reason, population density and the proximity to New York City. Oh, and the traffic. It is everywhere, to the point where if it is between 3:00 and 7:00 pm, you have to tack on an extra half hour no matter where you are going (at least). It also effects commuters to the point where public transportation is often the only way to get in and out of a particular city when trying to get there during work hours. I’m looking at you, Jersey City (and Hoboken, and New York….) For this reason, my husband uses mass transportation every day. In order to get to the train station, there is still a short car ride. This car of course has to be insured, and is insured at the same rate as my car, which we use to take road trips, get to and from school, etc. This doesn’t really make sense when you think about it. But what is a responsible adult to do? Until now, buy expensive insurance where we in essence help subsidize someone else car based commute every day. Well, a new company called Metromile changes that.
Metromile is the only pay-per-mile auto insurance available in New Jersey it allows drivers to pay for the miles they actually drive without judgement on driving style or behavior. Drivers pay a base rate per month then a few cents per mile based on actual miles driven. The way this works is with a little device called, The Pulse, which plus into the OBII port in all/most cars and will track mileage, give you important car data including the health of the vehicle and its location. That’s right- it can even be used to help find the car if has been stolen. But the fun part is the app. The app connects to The Plug and gives you some new insight into your vehicle, including trips & trends, miles, MPG, time, speed, fuel level, cost estimates, car location, even street sweeping alerts (this is only available in San Francisco, San Diego, Los Angeles and Chicago) and more.
This insurance works best for drivers who log under 10,000 miles a year on their vehicle and has been able to save some almost $500 a year. So it is well worth getting a quote and finding out how much you could save as well.
One of you can win a Metromile gift bag (above) as well as a $100 gift card to use for gas. Please feel free to enter using the RC form below. Ends 3/25/16. Good luck!
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