Snapshot Car insurance from Progressive: what is the catch?
Barbara walters : Snapshot car insurance form Progressive – what is the catch here? I would like to know about this for my teenager. I read your article on comparison of these sort of programs for teenagers and thought I would ask you this…
Snapshot Car insurance from Progressive: what is the catch?
Response : Barbara a lot of programs similar to snapshot have been started by insurance companies for teen driving discounts, teen drving monitoring, mileage montoring and they do contribute to teen saftey. As a parent of a teenager personally also I do approve of these progrmas- more from the point of their safety and picking up driving skills faster and snap shot is for all of us any age. Of course most of us are still not mature drivers.
Yes, Progressive almost tells you” Ready, have your auto insurance, to ride shotgun for a chance at a discount?” That’s the idea behind the progressive snapshot program.
“This is a new concept for car insurance.” “Allows you, the consumer, to share your trip around a discount”, says Richard Hutchinson progressive of the general manager of the usage-based insurance. “And it is a purely voluntary program.” “So you have to do it, if you don’t want.”
After he has connected to the mains in the computer system the snapshot transmitter device (most of the vehicles since 1996 have the required diagnostic port), monitors time day and speed, and the frequency of hard braking as many kilometres are driven. It also reports if the device is disconnected.
The idea is simple: drive carefully and save. Drive less save more. And if you travel during the peak hours accident (progressive says, which is between midnight and 04) avoid, save some more. The device must be to leave at least 30 days, with the option for a broader profile and perhaps installed a larger discount in more. The company claims that it is possible to have up to 30 percent.
Consumer ‘Snapshot’ concerns
Progressive says that the worst result of snapshot installation for an additional car insurance discount to qualify would become.
But some skeptics questions what is progressive with the information, which collects the electronic eavesdropper. They make to ensure that interest rates can actually rise if they are not good or that compromised their privacy can be, if the information is shared with others.
Marc Rotenberg, Executive Director for the electronic privacy information center (EPIC), says his group has still no specifically saw the snapshot program, but it has reservations, if gathered information for the consumers.
“We would be concerned that (collected information) could be passed on to third parties”, which could endanger the driver says Rothenberg. Another concern of privacy with these programs is that the information in advertising home or together with the police in connection with driving studies might be used.
Some potential customers share the suspicion that blind quest to could backfire the cheapest car insurance after.
Here is a typical comment from “Wildblueflyingbear” on SlashGear snapshot Forum: “() the program had probably relatively benign intentions.” But how large companies and the Government might change? There is much opportunity for mischief, if we give blind, up privacy rights, only, to a rebate check. It might work now, but later you could (sorry) the day that the progressive saw for the first time advertising. “
Progressive website addresses directly they ensure.
“No, snapshot will not increase your rate,” the company says, adding that “we parts snapshot data with a third party will not, if it, to the use your insurance policy is required to comply with fraud protection, performing searches, or the law.” “We will use not snapshot data to resolve a claim, unless you or the registered owner of the car gives us permission.”
Hutchinson adds that progressive can track where you go, because the device is not using GPS technology. The worst that can happen what he claims qualification is not for a discount.
A snapshot snapshot
These assurances were enough for William Parsons, recently took part and came immediately with almost 15 percent rate cut. “I have problems,” says Parsons, lives in New York. “After a week or so I forgot kind of, that it was there.”
Parsons, who in 2005 has a Honda Accord, says he is optimistic about what would qualify the results because he fits the profile of a driver for a premium cut. “I’m pretty anal, when I’m driving.” Slow and steady, 10 k miles per year. “
Parsons adds that he does not “very concerned” about the company, the a detailed report about him.
“When I was with a bad driver, I probably different would feel,” says Parsons. “But I would not sign up if this was the case.”
Progressive recommends that only cautious customers that much, or at least avoid the peak hours, should log accident.
Easy on the brakes
Although generally met, says Parsons, the brake monitoring seemed incompatible. “There were trips where I know I have not hard braking, but it showed that I’m not.” (Other times) I think I made them a little difficult, but I’m not sure whether she are registered. “Not really a big deal, at the end”, because he still got the discount.
“Linda FOSS,” a poster on SlashGear, had to brake issues. “I connected it to 2 days and was shocked by the number of brakes, hard it recorded,” she wrote. “Apparently they use your brakes my by ‘hard braking’.” I coast, most stops. But I tap the brakes from potholes and road patches the size of the Bremsschwellen. “I’m still hoping for a good discount, I will be going not much / far.”
Progressive, behind snapshot, say all the monitoring information, including statistics, braking is however exactly.
Snapshot in 39 States, with plans to offer it in more in the coming months currently is available, the company said. Here for a list of the participating States on progressive website.
Hutchinson establishes that has been the progressive fine-tuning the program for a few years; It is considered an improvement in the company’s MyRate program, which is a six-month registration may qualify for a discount.
“Snapshot easier to understand is as MyRate,” says Hutchinson. “We know from our research that this version will be more attractive because drivers, can… save money after 30 days” “Plus, only to us customers provide an overview of their drive for a contract, then they don’t have to worry about it anymore.”
These are just views on this and each of us has to decide what is right for us. Become a good driver and get good discount or you are a good driver and get you car insurance discount.
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