Milewise Recommendations Overview
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Milewise Recommendations Overview

Created by
@WellBacklitJasmine

Questions and Answers

Name three situations where we should recommend Milewise.

  1. Customer has a second or third vehicle that is seldom used. 2. Customer uses mass transit for their commute. 3. Retirees who seldom drive (or drive only short distances).

If someone drives less than 5,000 miles per year, how much can they save by using Milewise?

50-70%

If a customer takes an unusually long trip they will be charged for every mile.

False

The lower premium comes with reduced coverage.

<p>False</p> Signup and view all the answers

Milewise is installed exactly like Drivewise.

<p>True</p> Signup and view all the answers

What Line 10/19 discounts are not available for Milewise policies?

<ol> <li>Fullpay Discount 2. Responsible Payer Discount 3. eSMART Discount 4. Drivewise Discount (cannot use Drivewise at all) 5. Easy Pay Plan Discount</li> </ol> Signup and view all the answers

Which YCA plans do not allow the use of Milewise?

<p>Value and Platinum.</p> Signup and view all the answers

How is a Milewise premium calculated?

<p>(Daily Rate) + (Per-mile Rate) = Total Cost Per-day</p> Signup and view all the answers

Study Notes

Recommendations for Milewise

  • Recommend Milewise for customers with second or third vehicles that are rarely used.
  • Suitable for customers who rely on mass transit for commuting.
  • Ideal for retirees who drive infrequently or only short distances.
  • Beneficial for those with very short commutes.
  • Fits customers who work from home and don't drive often.

Savings with Milewise

  • Customers driving less than 5,000 miles annually can save 50-70% on insurance costs.

Mileage Charges

  • Customers taking unusually long trips are not charged for every mile; there's a daily cap.
  • Miles driven above this cap are covered by Allstate insurance.

Premium and Coverage

  • Lower premiums with Milewise do not come with reduced coverage; all standard coverages and claims services are included.

Installation Process

  • Milewise is installed exactly like Drivewise by plugging the device into the OBD-2 port located under the steering column.

Discounts Unavailable for Milewise Policies

  • Fullpay Discount
  • Responsible Payer Discount
  • eSMART Discount
  • Drivewise Discount (not applicable to Milewise)
  • Easy Pay Plan Discount

YCA Plans and Milewise

  • Milewise cannot be used with Value and Platinum YCA plans.

Premium Calculation for Milewise

  • The total daily cost is calculated by adding the Daily Rate to the Per-mile Rate.

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Description

This quiz focuses on understanding when to recommend Milewise insurance based on various customer driving situations. It also highlights potential savings for low-mileage drivers. Test your knowledge on Milewise and its benefits!

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