Did you know that you could save up to 25% on your car insurance just for being a responsible driver? It’s that simple.
At some point in the last few years, you may have heard about insurance companies offering a discount by means of a small device plugged into your car. Every company calls it something different, but they all do the same thing: reward you for being a good driver.
Intact Insurance has decided to go a different route and provide their My Driving Discount program to customers without the requirement of plugging a device into your car. Any qualifying Intact customer can sign up provided they have the following: A car and a compatible smart phone.
Once you sign up, you will immediately receive a 10% discount – yes, just for signing up! The program typically runs for nine months and based on your driving habits for that time, you will receive a 0-25% discount on your renewal. While it is entirely possible to receive the full 25%, it is also possible to get nothing at all – the good news is that your insurance premiums will not increase based on your driving, you will simply just not receive a discount next year.
The program is simple: Download the app on your phone, get in your car and start driving! The app will record your acceleration and braking, as well as the time of day that you drive. You also have the ability to look at your recent trips to see where any problem areas were, as well as your potential discount over time.
Hold on there a minute Big Brother! I don’t want my insurance company spying on me!
While I appreciate your love of George Orwell, there is nothing to worry about. Yes, the app does use GPS; but it is only recording hard braking, rapid acceleration, and the time of day that you are driving. The app does not share where you are driving to anyone.
Sometimes I am late for work and I… drive faster than I should…
You should always obey the posted speed limit, but don’t worry – your potential discount will not be affected should you accidentally go over the speed limit.
After the nine months is up, you will receive your discount on renewal and that is yours for as long as you are insured with Intact Insurance. One thing to take note of is that you cannot sign up year after year to get a better discount – you only get one shot, so make it count!
The My Driving Discount program is not for everyone; but if it suits you, it is a great way to save some money on your car insurance. Call Absolute Insurance Brokers today at 1-877-941-2266 to find out more or to sign up!