JSMedia – A telematics program can help you save money on car insurance. Many telematics apps are available for download on the iPhone and Android and can monitor your driving behavior. This can be particularly beneficial if you have accidents because the app can notify the police if you are in need of emergency assistance. Some telecommunications companies are also launching telematics services. Ultimately, these new services could make auto insurance cheaper and more efficient.
SafePilot, a behavior-based app for drivers, was launched in 2014. The program aims to reward drivers who follow safe driving practices with discounts and bonuses. Enrollments grew 200 percent last year and are projected to grow by a further 200 percent by 2020. The app has already enabled more than three million miles of safe driving and has been embraced by nearly half of new policyholders.
Insurtech company Noblr has partnered with USAA to offer usage-based auto insurance. The app focuses on promoting safe driving habits. SafePilot has a 30 percent discount for drivers who use the app. For example, if a driver has a telematics device in their car, they are more likely to drive safely than someone who has not.
USAA Expands Telematics Offerings For Auto Insurance
SafePilot is a smartphone-based telematics application. It tracks the number of miles driven and risky driving behaviors. The app is currently available in 14 states, with plans to roll out in most states by 2021. Customers who opt-in to the program can save money on their auto insurance policy. However, the program is optional, so you don’t have to make the commitment to participate.
The company reported that the SafePilot app would grow more than 200% by 2020. The program allows policyholders to set goals and reward themselves for safe driving. The program has been gaining popularity among auto policyholders, with 65% indicating that they are open to it. Although only a small number of people have it yet, USAA is already seeing good results. The company is experimenting with telematics in many states, so it can improve their services.
In addition to telematics, the insurer has also partnered with automakers to collect information from their vehicles. Ford and General Motors have their own auto insurance programs, and USAA is no exception. Using this technology, you can even lower your premiums by tracking your driving habits through a mobile app. The company also has plans to extend its program to the United Kingdom. Once you’ve signed up, you’ll be rewarded with a discount of up to 30%.
The company is expanding the SafePilot program to seven more states. This makes the program available in 23 states. The program provides an app to members that encourages safe driving habits and lowers insurance premiums. The app will also provide a 10% discount for the first six months of the policy and another 30% for a year. It’s worth considering when you want to reduce your insurance premiums.
The company is also expanding its coverage to include the cost of car insurance. It will also provide you with a wide range of benefits for your car loan, including discounts for purchasing multiple vehicles and storing your vehicle on a military base. In addition, USAA’s auto insurance policies are cheaper than those of Geico and Progressive. You can get a free quote by calling the numbers below.
The program includes an app for the iPhone and Android that collects data on driving habits. This app can provide you with personalized advice on safer driving and lowering the cost of your car insurance. This type of insurance offers many benefits, such as reduced premiums and no additional out-of-pocket expenses. Regardless of your age or gender, you can choose the right insurance plan for your needs.
The service will also offer an app that lets customers track and analyze their driving habits. Insurers have been using telematics to understand the safety of drivers and to prevent crashes. The company says this technology has improved their claims processes and the service is better for the consumer. While the company does not reveal the amount of financing it has received, the company says it will offer the product in at least eight more states.