What if your client could test-drive a usage-based insurance program before committing to one? There’s an app for that now.
A recent KANETIX survey revealed that only 18 per cent of Canadians were aware of usage-based insurance, but 62 per cent were willing to use it if it meant saving on auto insurance. An incredible 69 per cent of those surveyed said they would drive more safely if they knew their driving was being monitored.
Now, a new mobile app from DriveSmart scores an individual’s driving, and lets them know if they could qualify for auto insurance discounts.
“With our app, drivers get a taste of how usage-based insurance works,” says Andrew Lo, chief marketing officer at KANETIX. “The app will grade your driving skills similar to how car insurance companies measure drivers for UBI discounts. This will give drivers a sense for how their driving skills stack up, and a chance to improve their skills to maximize their savings.”
Telemetrics or UBI programs collect data from a device typically installed in a driver's vehicle to provide safe drivers with auto insurance discounts of up to 25 per cent. The free app is available for download through the Apple and Android app stores.
The KANETIX.ca DriveSmart app grades a driver's driving style on several key components considered in a UBI program: acceleration, braking, and handling. Drivers are given a score for each, plus tips for improvement, if necessary.
The app also takes into consideration speed, time of day, and trip duration, which is then factored into the driver's overall score.
How the app works
After downloading the app to a smart phone, the app runs in the background and automatically detects when you start driving. It's completely hands-free so there's no need to start or stop the app, or check your phone while driving — in fact, your driving score will be penalized if you do. (continued.)
#pb#
Features:
Hands-free automatic trip start and finish detection;
A progression graph that shows how your scores have evolved;
Customizable time frames to view scores, distance driven, average speed, and more;
Badges earned for good driving techniques; and
A leaderboard that lets drivers compete with their friends.
Download DriveSmart for iOS here;
Download DriveSmart for Android here;
For more information about the app, click here.
