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Posts Tagged ‘safer times’

Device Recording Driving Habits Could Lead To Lower Auto Insurance Rates

December 9th, 10

Think you’re a better driver than lots of other people out on the road? Then you may want to check out Progressive’s Snapshot program. According to the company customers can save up to 30% on car insurance according to how much, when and how they drive. Examples of people who could save through this program include those who travel often and leave their cars parked at the airport several days a week, families with an extra car that rarely gets driven or drivers who don’t slam on their breaks.

Once you sign up, Progressive will send you a device that plugs into the car’s on-board diagnostic port, a feature not typically found in older vehicles. The small device then sends driving data to Progressive. After pulling data for at least 30 days, customers will find out if their eligible for a discount which could be up to 30%. Then that discount will be applied to your policy. Those who drive less often and during safer times of the day are more likely to get a discount.

Right now the program is only available to new Virginia customers. Customers will have access to their recorded data through Progressive.com. The good news is the program will only help rates go down– not up. “More than 100,000 customers countrywide get personalized car insurance rates by sharing a picture of how, how much, and when they drive. Now, Virginia customers are just 30 days away from saving with the Snapshot program,” Richard Hutchinson, Progressive’s general manager of usage-based insurance said in a company statement.

Tags: Usage based insurance, road, safer times, Technology Internet, picture, diagnostic port