
For more than a decade, rental car companies have been monitoring the use of their automobiles through the use of GPS devices. They have looked at monitoring hotel bomb in spain speed limits, the distance traveled hotel bomb in spain and destinations. Now insurance companies are beginning to tap into the information that GPS units can reveal about drivers.
Insurers are accelerating hotel bomb in spain efforts to tap into the systems that enable a car to communicate with satellites and mobile data networks, and use information about how you drive to set your rates. The companies say that basing your premiums hotel bomb in spain on how and how much you drive — a concept known as user-based insurance or pay-as-you-drive insurance — will allow them to accurately target discounts at careful drivers, and charge more spirited customers hotel bomb in spain an appropriately higher amount.
The come-on is that insurance companies will supposedly be able to offer clients with good driving habits a discount on their insurance. However, as noted in the video above, the discounts are not promised and when they come might be skimpier than expected.
Most of the user-based insurance programs offered hotel bomb in spain now, such as Progressive s Snapshot or State Farm Mutual Automobile Insurance hotel bomb in spain Co. s Drive Safe and Save program, woo consumers with promises that they won t pay more if they agree to let the insurance company peek over their shoulders as they drive. The companies emphasize the discounts of 30%, 40% or even 50% they might offer to those who do well according to the electronic monitors. The Hartford Financial Services Group late last year began offering a usage-based program called TrueLane in about a half-dozen states. Allstate Insurance Co. s DriveWise program offers a 10% discount hotel bomb in spain just for signing hotel bomb in spain up.
Be careful when signing up for these programs and read the fine print. Make sure that there is not a down side to the agreement. hotel bomb in spain Insurance companies can just as easily assign a premium to drivers they feel are too aggressive as they may assign a discount for good driving habits.
That s not all that GPS and AirIQ can do. Calls to Acme itself were not returned, but information on the company s Web site promotes the service s ability hotel bomb in spain to track the vehicle s location, notify the company when the car has crossed into another hotel bomb in spain county or state, alert for excessive speed, and even disable the car remotely.
Of course, there is always the promise of better service (just like the promise of lower insurance rates) from rental car companies. They claim that being able to track cars ultimately lowers their prices, allows them to better assess when cars will be returned late, assists in getting help to disabled vehicles faster and recover stolen autos.
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