Can I Save Money On My Car Insure Premium?
It does feel a little odd, as I drive like Big Brother is
watching. So then again, Allsate says I´ve the opportunity to save up to 30% on
my car insurance and it makes me more diligent about my driving habits, which
overall I believe is a great thing. So I am giving a test run for six months to
Drive Wise.
I found out from my Allstate agent about Drive Wise, when he
called me just before my coverage renewal. He said that, yes, it'd likely feel
a little intrusive in the beginning, if I did not enjoy using the apparatus but
I could give it a try after which return it at any time. He said I Had conserve
an automatic, one time minimal 10% reduction for attempting this system.
The apparatus was simple to install and arrived by FedEx. I
track my driving along with my proposed reduction, on the Drive Wise web site.
I will keep you updated on my expertise.
Please let me understand what you consider
using a device in this way to save cash in the "duel" remarks below.
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| Save Money On Car Insurance |
What Drive Wise Computer Screens
Here are the driving details tracked by the Drive Wise
apparatus. Not all of these matters are counted toward or against your reduction,
and not all parameters are given equivalent weight towards that reduction. But
we, the motorists, do not understand the real algorithm.
Challenging and Extreme Braking
Challenging and Extreme Acceleration (These aren't yet used
in computing the savings, because Allstate continues to be assessing the
hazard-predictive value of these occasions.)
Miles Driven Over 80mph
When You Drive -- Days and Hours of the Day
Absolute Cumulative Miles Driven
Excursion Time, Duration and Distance, and Rate
This is what the Drive Wise website says about the danger of
various driving times on weekends and weekdays. When you log into your account,
you will see graphs revealing you when you have been driving based on these
time slots...
Weekdays:
High Risk 11pm - 4
Average Hazard 4am - 12pm
Low Hazard 12pm - 11pm
Weekends:
High Risk 11pm - 5
Lowest Hazard 5am - 11pm
Notes on Difficult and the Discount /Extreme Braking:
Per the Drive Wise website: For your first complete coverage
cycle, you will get a 10% registration reduction on your main insurance cover.
After that, your reduction will be computed on a rolling basis,
based on the preceding 12 months (or 6 months when you start) of driving.
Your premium car insurance increases as the application is now set up, but
your evaluation does not promise you a reduction either.
Viewing hard braking, the scoring model can be said to
consider the fact that a few tough braking is sometimes required for the really
safest motorists. (For instance, someone might pull out in front of you.) So
you are not supposed to be too concerned with any one occasion recorded in your
apparatus.
The Drive Wise hazard models were created to look at
"the big picture," and they say that if your driving habits are
usually safe, you will perform well over the long run. Also, if someone or you
could stand to leave a larger space pillow between others and your car, the
apparatus is assumed to enable you to see that, after which you can track your
improvement.
What My Car Insurance Broker Did Not Tell Me
I have known him for quite a long time and actually enjoy my
broker. But he did neglect to tell me a few things about Drive Wise.
AFTER THE FIRST TRIAL COVERAGE PERIOD, first, there is a $10
fee per enrolled vehicle for each 6 month coverage period, for the usage of the
apparatus. So that cuts into any reduction there. IF one gets a reduction at
all (because it is not ensured). That could mean paying $10 additional!
(Upgrade 3/2013: A remark was posted on this page by an Allstate agent in
another state, telling us that this $10 is just billed in some states, not
others.)
Additionally, the rules establish a minimum amount of days
the apparatus must be installed that you earn a Performance Rating. Especially,
that is ninety days over the progress of the 6 month renewal period.
After getting my DriveWise apparatus and reading the fine
print, I talked to my representative, and he said he did not understand about
the $10 fee (now seemingly discontinued in some states) or the part about
"important coverages" and was not even certain what the latter means
just. He said I am the first one of his customers to use this thing. He
requested me to keep him posted ... which I 'll.
Post: Save Money On Car Insurance
