Insurance Tips:New Technology Can Mean New Discounts.

Posted by Joshua on Monday Jun 10, 2013 Under Insurance Tips

When new technology becomes available to insurance companies, they often want to test it quickly. Keeping appraised of the newest options insurance companies are offing is a great way to earn a discount or save a few bucks on auto insurance. This is a simple insurance tip that many drivers overlook, simply because it isn’t always the obvious thing to do. Even if you don’t change your policy regularly, it can still pay off to keep up on the latest options and programs your insurance company offers. Sometimes simply opting in to the right program can start saving drivers money immediately.

Without naming names, a major insurance firm recently unveiled a new device to monitor driving. In the initial testing periods of this device, the insurance company in question offered drivers a healthy discount if their driving data fell within certain parameters. These records included driving speeds, breaking speeds, acceleration and even more detailed driving observations, all from a simple easy to install device that could plug into any vehicle.

The device in question is just one example of how drivers can save for opting into a test program. Drivers found themselves saving a bundle if they could stay within the carefully defined parameters of the insurance companies device. The device also offered the drivers the records at no cost, and did not increase premiums. This device trial is exactly the type of thing we’re talking about with this insurance tip. Check in with your insurer to see if they have any test programs available.

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