As I mentioned in my post on auto insurance, I am currently insured with Progressive. I switched to them because #1, they were the least expensive and #2, they offer the MyRate program. What is the MyRate program you ask? I’ll tell you!
Progressive MyRate Program
The MyRate program helps out drivers who are safe and drive only occasionally. In my case, I fit both of those classifications. I hardly ever break hard, go over 75 mph, etc. I also only have to drive 2 miles to and from the train station each day. Actually, it seems I am getting ripped off for insurance because I drive so little (I pay around $500 every 6 months). So in other words, I am being “classified” as a typical driver when I am actually not. Here is how the MyRate program works:
1. Plug in the MyRate Device in Your Car
The device that they send you (for free) plugs right into your car. It monitors things such as time spent in the car, speed, breaking, excessive acceleration, etc. So obviously, if you do all of those things in excess, this program is probably not for you.
2. Drive as You Normally Would
The device then wirelessly and securely sends information to Progressive. It’s that easy! You really do not even know it’s there.
3. Log In and See How Well You’re Driving
This is by far the funnest part. I love logging in and seeing how my driving compares to the masses. Here is how I compare to the nation on average per day:
Number of Trips Per Day: Me 3 | Nation 5
Driving Time: Me 0:52 | Nation 1:12 (in hours)
Over 75 mph: Me 0 | Nation 0:42
Mileage: Me 30.7 | Nation 31.1
Sudden Starts: Me 0 | Nation 2
Sudden Stops: Me 0 | Nation 4
Those are some pretty good numbers on my part. You know what that means? I SAVE MONEY!
According to the renewal rate, I will be saving $105 at my renewal. A savings of around 20%! Not to bad for being a good driver.
I think I will be staying with Progressive from now on thanks to this program.
Anyone else using this program or planning to switch after reading this?
