The use based car ins plan by State Farm that is called Drive Safe & Save now is sold in 27 states with 11 more giving the O.K. this month. The Drive Safe and Save car ins. plan uses a tool to track on board data about where, when and how some one drives a car and then gives breaks on car ins. rates when State Farm can.
The use based plan does not cause car ins. rates to go up, but the plan can give folks breaks on their car ins. rates when they drive less and do not abuse traffic laws. Some folks have their rates cut by up to 30 per cent when they use the State Farm use based car ins. plan or use based car ins. plans by other car ins. firms, too.
A lot of folks see their rates go down due to not knowing how much they drive per year. Most car ins. plans use the avg. miles driven each year when they set car ins. rates. But State Farm says most folks think they drive more than they really do each year. So when their on board car data says they drive less each year, they get a break on their car ins. rates. And if you tend not to drive during high flow hours, such as rush hour, you can get a break on your car ins. rates when you sign up for use based car ins. plans like the one from State Farm.
State Farm’s use based car ins. plans now are sold in most states with more on the way.