Is the Snapshot Discount the biggest discount ever, or is it the biggest scam ever? Is the snapshot discount from Progressive Insurance really designed to save you money, or is the Snapshot device collecting data that can be used to potently raise your insurance rates?
Driver beware – The Snapshot Discount is a device that hooks up to your cars computer and starts to collect data on your driving habits – good and bad over 7-10 day period.
Is this good? I think most people feel like they drive fairly-well over all, but this may not be the case in your insurance companies eyes. Insurance companies are doing their best to gain the most information about you and your driving habits as they can.
So how is the Snapshot Discount bad? The information that is collected by the Snapshot Discount device about your driving habits can be used to save you money, but this information can also be used against you. And your driving habits can be and most likely will-be shared with other insurers, making it even harder for you to get lower rates on your auto insurance. I can tell you personally, there is no chance I would plug anything into my car that would track my driving habits, especially an insurance company.
I have never been in a car accident and have no tickets, and I still think my auto insurance rates are WAY too high. And as a matter of fact, after calling around for quotes, I found Progressive insurance rates to be the highest of all the providers.
If your truly looking to save real money on your auto insurance policy. I am a member of Costco, and I buy my car insurance with my membership. To date – I have yet to find a company that can even meet the price I’m currently paying on auto insurance. And I already know because I am dealing with Costco, I know I am dealing with a quality insurance company.
Thanks for the good writeup. It in truth was once a leisure account it. Glance complicated to more introduced agreeable from you! However, how can we communicate?
Your insurance may be cheaper but it does mean its equal coverage. Even if the limits are the same the underwriting details and the claim policies are where the true quality lies.
Progressive is more expensive because they always pay they’re claims and pay higher values. Trust me I sell all types of insurance and I see which ones stand behind their customers and the ones that send customers crying into my office.
We put on the devices on our 2 Hyandae Elantras. I was difficult. I had to be just about upside down in the car.
Then my wife’s car, who only drives locally during the day was DENIED a discount.
We use to get a low milage discount from them. Then they removed that effectively raising our rates, then snapshop.
From what I can see this is purely spyware and a marketing gimmick.
I will be looking for other insurance.
yes, you just can’t trust insurance companies.