Atlanta, GA (WiredPRNews.com) State Farm has unveiled a new device that will provide policyholders with a range of safety features and plug them into savings through the company’s discount auto insurance program for low-mileage drivers.
The new In-Drive service works via “an easy-to-install device that works in most vehicles made after 1995,” according to the company.
In-Drive will give motorists access to several features that are similar to those available with General Motors’ OnStar system, including:
–One-touch emergency response
–Roadside and stolen vehicle location assistance
–Vehicle diagnostic alerts and maintenance reminders
In-Drive, which was developed by Atlanta-based Hughes Telematics, will also allow users to take greater advantage of State Farm’s Drive Safe & Save program, which rewards policyholders for low mileage and safe driving habits.
Drive Safe & Save is one of several usage-based programs being offered by insurance companies that use on-board devices to monitor driving patterns. These programs offer substantial discounts, including 10 percent just for signing up.
Drive Safe & Save is available to State Farm customers in five states: California, Colorado, Illinois, Ohio and Texas. The Drive Safe & Save program utilizing the In-Drive technology will be offered to consumers in Illinois in September, and State Farm officials plan to expand to other states in 2012.
In December, Allstate Insurance launched its Drive Wise program in Illinois, and the company plans to expand to two other states this year.
But both State Farm and Allstate have a lot of ground to make up if they plan to catch Progressive. That company’s Snapshot program is used by drivers in 38 states and the District of Columbia.
State Farm may be leading the way in potential savings, however.
Unlike Progressive and Allstate, which offer discounts of up to 30 percent for drivers with low miles and safe habits, State Farm says its customers could save as much as half off their premiums, based on a range of factors including how safe they are behind the wheel and when and how far they drive.
But most policyholders who drive the national average of 12,000 mile a year can expect to save a maximum of 20 percent, according to the company.
State Farms says the In-Drive device will provide driving data and customers’ savings will be based on factors including mileage, turns, acceleration, braking, speed and the time of day in which the vehicle is driven.
Those variables may not seem crucial at first glance, but research has shown they can play a large role in accident risk. Nighttime driving, for example, can pose a greater danger than driving in daylight hours because motorists can see only what is illuminated by their headlights.
To read more about this and other car insurance issues, go to http://www.onlineautoinsurance.com/discounts/ where you will find informative resource pages and a free-to-use quote-comparison generator.