Car insurance premiums have a lot of deciding factors, but how does the insurance company give coverage to a car worth over $1 million?

Buying insurance through the car dealer while purchasing a new vehicle offers convenience, instant coverage and easier claim support. Dealers handle paperwork and assist with repairs and claims.

If you drive fewer than 10,000 miles per year, a pay-per-mile or usage-based insurance plan could be right for you. Here are our favorites.