If you’re a safe driver or someone who doesn’t drive often, you could save on your car insurance with a telematics program through your insurance carrier.
Telematics car insurance programs use technology to monitor your driving habits and calculate your individual risk level. These programs typically operate through a mobile app or small device that plugs into your vehicle. By collecting real-time data, insurers can offer personalized rates based on how you drive. The safer and more consistent your habits, the more you could save – with some drivers even earning discounts of up to 20%.
Insurance carriers can track a variety of factors through telematics programs, including:
- How you drive (i.e., speed, braking, acceleration)
- When you drive (time of day)
- Where you drive (road types and areas)
- How much you drive (annual mileage)
If you’re cautious behind the wheel or are a low-mileage driver, a telematics program could help lower your insurance costs. Instead of relying solely on traditional rating factors, which is how traditional car insurance policies are priced, your carrier can use telematics data to tailor your premium to reflect your actual day-to-day driving behavior.
However, it’s important to note that some carriers may remove the initial discount – or even add a surcharge – based on your driving performance. Telematics programs provide daily feedback and an updated “grade,” meaning your rate could change as your driving habits are continually monitored.
At South Carolina Federal Insurance Solutions, we understand how important it is to get the best value from your auto insurance, and we’re here to help you select the best option for your current needs. Telematics programs can be a great way to reward safe habits with real savings.
Our experienced advisors are here to help you compare quotes from multiple top-rated insurance carriers that offer telematics programs. We’ll guide you through your options and find a plan that fits your lifestyle and budget.
Click here to contact an Insurance Solutions advisor to learn how you could save money on your car insurance with a telematics program.
