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Connecticut Drivers Can Now Save Big Bucks Based on How They Drive ... - Business Wire (press release)

17.06.09

MAYFIELD VILLAGE, Ohio--( BUSINESS WIRE )--Are you the poster child for safe driving, always leaving plenty of space between you and the car ahead? Or a business traveler who parks your car at the airport or train station several days a week? Or maybe you have a car that you only take out for a spin on warm summer days. If so, your car is probably less likely to be involved in a crash, so shouldn’t you pay less for car insurance ?

Progressive thinks so, and that’s why it’s introducing an optional car insurance program that offers lower rates on vehicles that are driven in less risky ways. The behavior-based insurance program, called MyRate , gives drivers a customized rate based on how, how much, and when their car is driven. It is now available to Connecticut drivers who purchase policies directly from Progressive online or by phone.

“MyRate is designed for safe drivers,” said Richard Hutchinson, Progressive’s MyRate general manager. “It’s for people who drive fewer miles than average, at low-risk times of day and keep alert for others on the road. They don’t make fast lane changes or follow too closely behind other drivers so they don’t have to over-react or slam on the brakes.”

Source: Business Wire (press release), CA

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