If you’re a good driver, you could save some money.
Nikola Stanisic/Shutterstock.com
The gas pump isn’t the only thing hitting your wallet. Auto insurance rates continue to increase, and many drivers are looking for ways to save money. These days, car insurance tracking devices are available from most insurance companies, but what are they, and how do they work?
Car insurance tracking devices are also known as “driver monitors,” and you’ve probably seen options for usage-based insurance discounts and premiums that use a tracking device.
These devices connect to your car or are app-based and collect data about your driving habits, potentially offering discounts for safe drivers or those who don’t drive often. Here are the basics and what you need to know.
What Is a Car Insurance Tracker?
Progressive
A car insurance tracker is a plug-in device or smartphone app that tracks your vehicle, driving habits, and more and can offer savings of up to 30% off your insurance rates. One of the first that comes to mind is the Progressive Snapshot, which may provide usage-based…
Read Full Article Source
