Allstate Milewise is a pay-per-mile car insurance program that charges based on how much you drive. Ideal for low-mileage drivers, it could save you money if you work from home, are a stay-at-home parent, a retiree, or have a short commute. This comprehensive review explores Allstate Milewise Reviews, pros, cons, and compares it with Allstate Drivewise.
Allstate Milewise: How It Works
With Allstate Milewise, you pay a daily base rate and a per-mile rate. You receive the same coverage as a traditional Allstate auto insurance policy, plus access to Allstate Rewards. This program lets you earn points for safe driving and redeem them for discounts on gift cards, merchandise, and local offers. You can manage your Milewise account and track your mileage through the Allstate mobile app.
Allstate Milewise Pros and Cons: A Detailed Look
Choosing the right car insurance involves weighing the advantages and disadvantages. Here’s a breakdown of Allstate Milewise:
Advantages of Allstate Milewise
- Comprehensive Coverage: Enjoy the same coverage options as a standard Allstate auto insurance policy.
- Easy Installation: The plug-in mileage tracking device is simple to install and use.
- Rewards Program: Earn and redeem points with Allstate Rewards for extra savings.
Disadvantages of Allstate Milewise
- Limited Availability: Allstate Milewise is not available in all states.
- Costly for High-Mileage Drivers: If you drive frequently, a traditional policy might be more affordable.
- Potential Billing Issues: Charges may still accrue even if the device malfunctions.
Allstate Milewise vs. Drivewise: Understanding the Difference
Allstate also offers Drivewise, a telematics program that provides discounts based on safe driving habits. Drivewise monitors factors like speed, braking, and late-night driving. Safe drivers can save up to 40% on their premiums.
The key difference? Milewise focuses on mileage, while Drivewise emphasizes driving behavior. However, in some states, Milewise rates might fluctuate based on driving behavior similar to Drivewise.
What is Telematics Insurance?
Telematics insurance, also known as usage-based insurance, uses technology to track driving habits and mileage. This data determines insurance premiums. Programs like Milewise and Drivewise utilize mobile apps or plug-in devices to monitor driving statistics. While offering potential savings for safe and low-mileage drivers, telematics programs can also increase premiums for risky driving behaviors. Consult with an Allstate agent for detailed information.
Conclusion: Is Allstate Milewise Right for You?
Allstate Milewise presents a compelling option for low-mileage drivers seeking potential savings on car insurance. However, its suitability depends on individual driving habits and location. Carefully consider the pros and cons, compare it with other programs like Drivewise, and assess your driving needs to determine if Allstate Milewise is the best fit for you. If you are a low-mileage driver residing in a state where it’s offered, Allstate Milewise could be a valuable way to lower your car insurance costs.
