Around the Net
Progressive Expands 'Snapshot'
- Detroit Bureau, Wednesday, July 11, 2012 12:18 PM
A growing number of insurers have come up with methods of tracking driving behavior and then using it to set a customer’s rates. Progressive claims that 70% of its Snapshot customers have seen a drop in their rates compared to what it was charging before – a discount of about $150 a year, on average. The industry giant says it will expand its auto insurance tracking program – even letting non-customers check it out – following studies that show the technology behind its “Snapshot” usage-based insurance is more than twice as accurate at discerning good drivers from bad.
Interesting post. Always good to hear ways to drop insurance rates. At Espanol Seguros, we also try to inform Hispanic consumers how to save money on insurance.
http://espanolseguros.com/en