Hugo Insurance Reviews

Founded in 2016, Hugo Insurance aims to make car insurance more affordable by offering short-term liability coverage and giving policyholders the flexibility to choose how much they can pay upfront. It provides a digital platform that policyholders can use to make payments, print insurance cards, file claims or cancel coverage. Hugo Insurance promises price transparency with no down payments and no hidden fees.

Hugo Insurance offers one plan: Unlimited Basic. This plan provides liability coverage, which pays for property and personal injury damages to individuals not in your vehicle as a result of an accident. It does not cover the repair or replacement costs of the policyholder’s vehicle.

The Unlimited Basic plan also provides medical coverage (pays for medical expenses for you and your passengers) and accidental death coverage (pays a death benefit for an insured driver).

Hugo Insurance does not currently offer collision or comprehensive insurance. Rental insurance, roadside assistance and towing coverage are also not available through Hugo.

Hugo Insurance does not provide pricing information on its website. However, it offers free rate quotes online. You’ll need to answer questions about your location (ZIP code and address) and your driving history (any violations in the past three years).

You’ll also need to provide your social security number so the company can pull your credit report. These are all factors that can affect your rates. It’s also important to note that the company asks whether you drive less than 36,000 miles per year — if you exceed this limit, Hugo Insurance will not provide coverage.

If you sign up for a plan, you can choose between paying for three, seven, 14 or 30 days of coverage upfront. The company offers a daily rate that is valid throughout your policy term. When your prepaid balance is running low, Hugo Insurance will send you an alert to reload your account and continue coverage. You can cancel your policy at any time.

Hugo Insurance could be a good option for drivers of older vehicles with a lot of miles. In those cases, carrying only the minimal coverage required by law may be more cost-effective.

Keep in mind that you’ll have to pay out of pocket for damage to your vehicle if you are at fault for an accident and don’t have collision coverage.

Before signing up with Hugo Insurance, be sure to gather quotes from other insurance companies to compare to Hugo’s daily rates. You may find that paying for a six-month premium upfront can result in significant cost savings.