Day: August 8, 2004

Drivers let big brother into the car, to get a break on premiums

By Kevin Maney USA TODAY/August 8, 2004 In two new tests, car owners will be able to let insurance companies monitor their driving via new technology in exchange for lower rates. The technology will track some combination of when, where, how far and how fast they drive, giving insurers a way to reward low-risk driving. Now just experiments, the technology might be a glimpse of the future of car insurance. The trials will begin this year: • Progressive will announce its TripSense trial inMinnesotaon Aug. 24. Customers who sign up will get a device the size of

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August 8, 2004 No Comments