F.A.Q
How Can Trending Affect My Rates?
Insurance companies such as Progressive have analyzed driving behavior over billions of miles driven. Some key driving behaviors—like actual miles driven, braking, and time of day of driving—carry more than twice the predictive power of traditional insurance rating variables, like a driver’s age, gender and the year, make and model of the insured vehicle.
Infinity Dealer Services can help you pay a fair rate for insurance based on your driving.
Why Do Insurance Companies Love GPS Devices?
Using GPS tracking systems such as Infinity Dealer Services, law enforcement are more easily able to find your vehicle in case the car gets stolen. In most cases, police are even able to locate your car faster before any real harm comes to it. This lowers the risks for you and your insurance company.
Some States Mandate Discounts For Anti-Theft Devices.
According to the National Association of Insurance Commissioners, Florida, Illinois, Kentucky, Louisiana, Massachusetts, Minnesota, New Mexico, Pennsylvania and Rhode Island have regulations that require insurers to provide car owners with discounts on the base rates for comprehensive insurance for antitheft devices.
The amount of the discount varies. In Massachusetts, residents are eligible for a minimum 25 percent discount if they have both an anti-theft device and an auto recovery system, and some combinations of devices can result in a 36 percent discount. Other states are beginning to follow suit.
