Drive Smart Save Big with Usage Insurance Discounts
Benefits of Usage-Based Insurance
One of the primary advantages of UBI is the potential for substantial savings. Safe drivers can see discounts ranging from 10% to 30% on their premiums1. Moreover, UBI encourages safer driving habits, which can lead to fewer accidents and ultimately lower costs for both the driver and the insurance company. Additionally, this type of insurance provides a fairer pricing model, as it reflects your actual risk level rather than generalized assumptions.
Real-World Examples
Several major insurance companies offer UBI programs. For instance, Progressive's Snapshot program has been known to save customers an average of $145 per year2. Similarly, State Farm's Drive Safe & Save program can offer up to 30% savings based on driving performance3. These programs highlight the tangible benefits that can be achieved by adopting UBI.