There are many ways to save money on your Auto Insurance premium. Depending on which insurance carrier you have coverage with, there are many different driver tracking discount programs to be a part of.
Liberty Mutual RightTrack
Liberty Mutuals safe driving program lets you save money on your car insurance for safe driving. RightTrack is located within the Liberty Mutual app and observes your driving habits on an ongoing basis and provides you with a safe driving score. Things like soft braking, steady acceleration, and the time of day that you drive, all factor into your score.
RightTrack is a program that puts you in control of your auto policy savings by evaluating your safe driving habits. After you enroll, you will be given information on how to download. The app will observe your driving habits to customize your rate at each renewal based on the driving score of all participating drivers on your policy.
Once you enroll in RightTrack, you will immediately receive a participation discount of up to 10% on your auto policy. Participating drivers on your policy will need to download the Liberty Mutual mobile app and register. The app will determine your RightTrack score and apply it to your policy at each renewal. The combination of your participation discount and your RightTrack score may result in a premium increase or decrease based on your driving.
You can learn more about Liberty Mutual’s RightTrack program here, https://www.libertymutual.com/safedriving.
Chubb SafeLane
Through your Masterpiece auto insurance policy, SafeLane’s safe driving program helps you save money based on safe driving behaviors. With your policy and the Chubb Mobile app, SafeLane will measure driving habits and develop a customized discount based on your driving behavior over time, while on the road.
SafeLane measures driving behaviors such as speed, phone use, and braking and securely transmits that information to Chubb. By evaluating your household’s driving over time (at least 91 days or 500 miles for each driver), Chubb will develop a personalized discount that will be applied to your auto policy premiums each year. Upon the policy renewal, the discounted percentage you earned during the evaluation — up to 20% — will replace the initial 10% participation discount.
You can find more information regarding the program here, https://www.chubb.com/us-en/individuals-families/products/auto-insurance/safelane.html.
Progressive Snapshot
Progressive's Snapshot program personalizes your car insurance rate based on your actual driving. That means you pay based on how and how much you drive instead of just traditional factors. If you are a new customer with Progressive, you may be eligible to participate in this program. You will receive a discount just for participating and a personalized rate at renewal depending on your results. While your rate could increase with high-risk driving, most drivers save with Snapshot. In fact, drivers who save with Snapshot save an average of $322 a year.
Learn more about Snapshot here, https://www.progressive.com/auto/discounts/snapshot/.
Signal by Farmers (Foremost)
Foremost uses the Signal app is a smartphone app that monitors your driving behavior — for example, things like your braking habits and phone use while driving. It can help you stay better focused on driving by encouraging you to put down the phone and practice safer habits. The discount can vary but initial completion of the program requires at least 10 trips. Upon policy renewal, you could save money based on your safe driving. However, riskier driving behavior could raise your premium at renewal.
You can find more information here https://www.farmers.com/signal/.
Travelers IntelliDrive
TheIntelli Drive app captures the driving behaviors of all enrolled drivers, provides reinforcement and educational tips based on your personalized driving data, and rewards safer driving with savings.1 This is a 90 day program which offers an immediate enrollment discount of up to 10% for the first term. At your first renewal, that participation discount is replaced by a performance-based discount of up to 30% (and in some cases up to 40% for exceptionally safe drivers).
Learn more at https://www.travelers.com/car-insurance/intellidrive-365.
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While Colorado ranks among the top 5 most expensive states for auto insurance, the state is trying to help with that. Telematics programs (like those listed above) are still the fastest way for you to see a more immediate, personalized discount on your individual policy.
Here is a quick comparison table for you to see the difference in the program offerings:
Carrier | Program Name | Initial Discount | Max Potential Discount | Monitoring Period | |
Liberty Mutual | RightTrack | Up to 10% | 30% | Continuous | |
Progressive | Snapshot | Up to 10% | Varies | Continuous | |
Travelers | IntelliDrive | Up to 10% | 40% | 90 Days | |
Chubb | SafeLane | Up to 10% | 20% | 91 Days / 500 Mi | |
Foremost | Signal | Varies | Varies | Continuous |
Contact us today to learn more about the discount programs that may be right for you! We are always here to help!