JSMedia – Rhode Island motorists can save on auto insurance by using a smartphone application that tracks and rewards safe driving. HiRoad Assurance Company has created an app that can help drivers get more savings on their auto insurance. After every trip, a driver receives a projected discount based on four criteria. The company calculates the driver’s rate before discounts based on the initial rate before the discounts.
Many auto insurance companies base their rates on zip codes, which determine the risk of accidents and crime in that area. RI has higher average insurance rates than any other state. Garage your car in a secure location with a gate or covered garage. Tell your insurance agent what precautions you take to keep your car safe. These precautions can lead to a reduction in your premium. The more safety measures you take, the lower your premiums.
It is best to get a quote for car insurance from a few different providers so you can compare rates. The cheapest rate will depend on your age, zip code, driving history, and credit score. Having a clean driving record can lower your premiums by 30% or more. But if you have a bad driving record, you may be paying more than that. In RI, a recent accident can cost you thousands of dollars.
How RI Drivers Can Save on Auto Insurance
RI is a relatively small state, so drivers can expect to pay higher rates than most other states. Unfortunately, Rhode Island has some of the highest rates in the country for auto insurance. The state ranks last in the nation, so the bill would raise those costs even higher. In other words, Rhode Island is already outlier nationally. So, how can RI drivers save on auto insurance? The Providence Journal writes: “The state has a lot of money to waste on car insurance. We have to make sure that everyone is protected by our car policies.
By keeping a clean driving record, RI drivers can save on their auto insurance. The auto insurance industry makes a lot of money in the state has some of the lowest auto body repair costs in the country. Luckily, RI residents can save on their auto insurance by following a few simple steps. A car that is well-maintained can lower their insurance rates by 10% or more.
In a collision, the driver must carry proof of their insurance. Failure to do so can result in a $500 fine. A third offense results in a $1,000 fine. If the accident is not your fault, the other party’s insurance company will pay for the repairs. The insurance adjuster can also ask you to sign a medical release. This will protect the driver and the other person. When an insurer deems you responsible, the company may refuse to reimburse the resulting damages.