Car insurance programs that track how you drive but give you discount

[Anonymous]

Looking for feedback on programs like State Farm's Drive Safe and Save where you allow them to track your mileage and driving habits in exchange for a discount.

State Farm says the data will never cause your rates to increase, you get a 10% discount for signing up and you could save as much as 30%.

We are very low mileage drivers so it seems like a no-brainer to save a lot of money.

What has been your experience?

[Anonymous]

Rates went up. I’m a speeder with multiple tickets and spouse put that in my car without consent

[Anonymous]

Does Tesla offer something like this to their drivers?

[Anonymous]

Do you really think a program offered by an insurance company is really going to be in your best interest?

[Anonymous]

Geico had a partnership where they offered a save driver test. I took the test, paid $20 for it, and then presented it to them.
Geico said that I was not eligible for the discount. Not sure why.
It's nearly impossible to lower car insurance, at least in DC. I was told that I had to pay to fix other people's cars.
I cut spending everywhere else has even switching hasn't helped. I still pay $2000 a year for a newish small Japanese car. Never had accidents or tickets in 30 years.

[jsteele]

Anonymous wrote:Looking for feedback on programs like State Farm's Drive Safe and Save where you allow them to track your mileage and driving habits in exchange for a discount.

State Farm says the data will never cause your rates to increase, you get a 10% discount for signing up and you could save as much as 30%.

We are very low mileage drivers so it seems like a no-brainer to save a lot of money.

What has been your experience?

We use State Farm's Drive Safe and Save program and have received significant discounts. I don't think they actually use the data that is collected for anything. The discounts seem to be based solely on mileage. Therefore, if you are low mileage drivers, you will probably get big discounts.

[Anonymous]

Anonymous wrote:Does Tesla offer something like this to their drivers?

Tesla is not an insurance company

[jsteele]

Anonymous wrote:

Anonymous wrote:Does Tesla offer something like this to their drivers?

Tesla is not an insurance company

Among other things, Tesla is an insurance company. However, I understand that they are losing money with it. They do appear to have some sort of save drivers award program:

https://www.tesla.com/insurance

[Anonymous]

Anonymous wrote:Do you really think a program offered by an insurance company is really going to be in your best interest?

Heh, good comment.

[Anonymous]

Plus even if your car doesn't have the newer tech to rat you out in an accident the insurance stuff will.

[Anonymous]

F this monitoring crap. Don't use it.