{"id":3199,"date":"2022-01-03T11:36:18","date_gmt":"2022-01-03T16:36:18","guid":{"rendered":"https:\/\/www.petruzelo.com\/blog\/?p=3199"},"modified":"2022-01-03T11:36:21","modified_gmt":"2022-01-03T16:36:21","slug":"how-telematics-programs-can-help-you-save-money-on-car-insurance","status":"publish","type":"post","link":"https:\/\/www.petruzelo.com\/blog\/how-telematics-programs-can-help-you-save-money-on-car-insurance\/","title":{"rendered":"How Telematics Programs Can Help You Save Money on Car Insurance"},"content":{"rendered":"\n<p>Many people are looking for ways to reduce their monthly\nexpenses so they can put more money toward paying off debt, saving for\nretirement, and other priorities. If you want to save money, telematics may\nhelp you shave a significant amount off your <a href=\"https:\/\/www.petruzelo.com\/auto-insurance.php\">car insurance<\/a>\npremiums.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Are Telematics Programs?<\/h2>\n\n\n\n<p>Telematics devices are used to track drivers\u2019 behavior. Some\ninsurance companies gather telematics data via a plug-in device or a mobile app,\nand some car models have built-in telematics technology. <\/p>\n\n\n\n<p>Devices can record things like when an individual drives,\nhow far the person travels, and whether the driver suddenly increases speed or\nslams on the brakes. Insurers analyze data collected to figure out how risky a\nparticular motorist is compared to other drivers. The insurer can then set\nrates based on that specific individual\u2019s risk profile.<\/p>\n\n\n\n<p>Several large, nationwide insurance carriers offer\ncustomers the option to use telematics to customize their rates. Some smaller\ninsurance companies are also embracing the trend.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why Do Insurance Companies Use Telematics?<\/h2>\n\n\n\n<p>Insurance premiums are based on a number of factors, such\nas age, gender, and how many miles an individual drives in a typical day or\nweek. Those factors help insurance companies figure out how risky drivers are,\nbut assessments are based on averages and generalizations. With telematics,\ninsurers can gather information about specific individuals and deliver\ncustomized pricing.<\/p>\n\n\n\n<p>That means that people who drive less than the typical\ncustomer, who drive outside the busiest times of day, and who practice safe\ndriving habits can enjoy lower premiums. Depending on the individual customer\nand the specific insurance company, the savings may be substantial. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How Can Telematics Save You Money?<\/h2>\n\n\n\n<p>Some insurance companies track the number of miles\ncustomers drive and use that information to determine premiums. When an\ninsurance company sets rates based on vehicle usage, it usually charges a base\nfee per month and adds a small amount for each mile driven. This may be a good\nchoice for you if you\u2019re retired or work from home and you don\u2019t drive much.<\/p>\n\n\n\n<p>Other insurers monitor driving habits, such as speed,\nsudden braking, cellphone usage, and the time of day when an individual drives.\nCustomers with safe habits can receive a discount on their premiums. Different\ncompanies weigh some factors more heavily than others when determining\nindividual rates. Behavior-based telematics may be a good choice for you if you\ndrive a lot of miles but practice safe driving habits.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Find the Right Car Insurance Policy for You<\/h2>\n\n\n\n<p>If you\u2019re looking to save money on car insurance, Petruzelo\ncan help. We can tell you more about telematics programs and help you find the best\npolicy for your needs and budget. <a href=\"https:\/\/www.petruzelo.com\/contact-us.php\">Contact us<\/a> today to\nlearn more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many people are looking for ways to reduce their monthly expenses so they can put more money toward paying off debt, saving for retirement, and other priorities. If you want to save money, telematics may help you shave a significant amount off your car insurance premiums. What Are Telematics Programs? Telematics devices are used to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3200,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-3199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive"],"_links":{"self":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts\/3199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/comments?post=3199"}],"version-history":[{"count":1,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts\/3199\/revisions"}],"predecessor-version":[{"id":3201,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts\/3199\/revisions\/3201"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/media\/3200"}],"wp:attachment":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/media?parent=3199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/categories?post=3199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/tags?post=3199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}