Progressive Expands 'Snapshot'

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.

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1 comment about "Progressive Expands 'Snapshot' ".
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  1. Andrew Laine from Espanol Seguros, July 19, 2012 at 2:51 p.m.

    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.