I’ve tried and tried and tried to find a car insurance provider who is willing to offer me a lower rate on car insurance but it’s of no use. Even though I feel like I pay way to much with my current provider, Progressive, it’s becoming clearer to me that it’s actually a lot cheaper than anyone else. $110 a month simply for the lowest liability coverage needed on one car that I never drive still feels ridiculous, but when Geico and StateFarm offer the same insurance for $200 … I feel better knowing I’ve had Progressive since day one.
- UPDATE: I received my discount!
That said, I understand a little bit as to why my personal car insurance is so high. For starters, I live in the worst city in the world (Miami) when it comes to auto insurance rates and being a 27 year old male with poor credit who drives a sports car, I fit the bill of being high risk, even though I have a flawless driving record. Thankfully, luckily, whatever you want to call it, Progressive is now offering up to a 30% discount for taking part in their Snapshot driving program. Allow me to provide you the details.
Applying and Installing Snapshot
When I first saw commercials advertising the snapshot device, I was a little skeptical that the process would take a ton of time, and the results I would receive would be minimal. Even though I’m only halfway through the process, I have to admit things couldn’t be easier. To get started, I logged into my Progressive account and simply asked to take part in the program. After agreeing to the terms and conditions, I was done. Two days later I received an email from Progressive letting me know my snapshot device had been shipped and yesterday, I received it in the mail.
Included with the device, which looks like a larger, strangely shaped USB drive, was a few packets of info on what I can expect going forward. I also received a quick tutorial on how to plug this device into my car and up until today I had no idea where my car’s data port was located. Installing it took all of 5 seconds and to make sure I did it correctly, the snapshot device is now blinking green lights. Also included was postage so that when it comes time to return the device, I can do so at the expense of Progressive.
How Snapshot Can Save Me Money
Once snapshot is installed, it will remain that way for at least 30-days, as Progressive collects data on my driving habits. This includes how often I drive, at what time of day I drive and how I drive. Things like breaking hard and driving after midnight can take away from your discount so make sure you drive on the straight an narrow. Once the 30-day period ends, Progressive should have enough info to provide you an initial discount (or surcharge believe it or not). This discounts is good every month you stay with Progressive and as long as you keep the current automobile insured with them.
In some cases, Progressive will ask you keep snapshot installed for an additional amount of time, which could result in an additional discount. However, this could also mean that the initial discount they provide will be adjusted after more data is collected. Not every Progressive policyholder can qualify to receive the snapshot device and if you drive a car pre-1996, you’re out of luck. The snapshot device can only be plugged into data ports post 1996 so insuring your old car won’t become any cheaper.
I decided to take a chance on this device because I know I barely drive my automobile. Even though there is a very small chance a surcharge could be added I hope Progressive will provide me a sizable discount. Considering how simple the process of receiving the device and installing snapshot was, I would recommend any Progressive policy holder take advantage. I’ll be sure to update everyone on just how much money (if any) I save using this promotion but for now, I’m thrilled with how things have “progressed”.
Published or updated July 1, 2011.