Lemonade Inc. (NYSE: LMND) said June 3 that its Autonomous Car insurance is now available in Indiana, extending to the state a usage-based product that gives Tesla owners 50% off every mile driven using the automaker’s Full Self-Driving (Supervised) technology. The expansion deepens an early test of whether autonomous-assisted driving can be priced directly into […]
Lemonade Launches Autonomous Vehicle Insurance With 50% Rate Reduction for Tesla FSD
Lemonade Inc. (NYSE: LMND) announced Jan. 21 the launch of an autonomous vehicle insurance product designed for self-driving cars, beginning with Tesla vehicles equipped with Full Self-Driving technology. The insurance carrier will reduce per-mile rates by approximately 50% when FSD is engaged, reflecting lower risk during autonomous operation. The company said it expects further rate […]
Texas Attorney General Sues General Motors Over Collection and Sale of Driving Data
Lawsuit alleges vehicle manufacturer deceived consumers on data collection and profited by the sale of data to insurers and third-parties. Texas Attorney General Ken Paxton sued General Motors for its false, deceptive, and misleading business practices related to what the Attorney General alleges is unlawful collection and sale of over 1.5 million Texans’ private driving […]
Allstate Reports Hawaii, Minnesota and Washington State Home to America’s Safest Drivers
Drivers are easier on the brakes in the Midwest, move at safer speeds in the Northeast and the Pacific Northwest, and keep their eyes on the road more on the West Coast. Honolulu has the safest drivers in America, according to the 16th Allstate America’s Best Drivers Report . Minneapolis, Seattle, Portland, Oregon, and Virginia […]
State Farm Adds Accident Assistance Feature for Drivers Involved in Collisions to Drive Safe & Save App
State Farm announced the introduction of a new Accident Assistance feature to Drive Safe & Save app. The new Accident Assistance feature helps the driver when immediate next steps may seem unclear during the stressful moments following a collision. It will guide the driver through the next steps, including making sure everyone is safe, calling […]
Allstate Reports Customers Using Safe Driving App Have 25% Fewer Severe Collisions
Allstate customers have a choice to opt into the Allstate app’s safe driving features and those who do are safer on the road, according to Allstate and its mobility data and analytics partner Arity. Allstate found customers who choose to use Drivewise are 25% less likely to have a severe collision than those who don’t. […]
USAA Research Shows Top 10 States with Most & Least Distracted Drivers
USAA has released data on distracted driving trends in the United States during the first half of 2023. The data, compiled from USAA’s SafePilot telematics app, offers valuable insights into the states where drivers are most and least prone to distractions behind the wheel. The data comes at a time when more drivers have returned […]
Texas Farm Bureau Insurance Partners with Arity to Launch Telematics Insurance Program
Texas Farm Bureau Insurance announces its new insurance program, Drive‘n Save, which was built in partnership with Arity, a mobility data and analytics company. The program offers drivers the chance to save 10% off their auto insurance premium just for participating, with deeper discounts available for drivers who demonstrate ongoing safe driving behavior. Policyholders download […]
Insurance Research Council Study Finds Driver Telematics Programs Face Privacy Concerns
More U.S. drivers are open to opting into usage-based insurance (UBI) programs to save on their auto insurance premiums, yet more widespread acceptance of telematics programs and UBI remains elusive due to privacy concerns, according to a new study from the Insurance Research Council (IRC), a division of The Institutes. The Insurance Research Council (IRC), […]
Ford Partners with CerebrumX on Connected Vehicle Data to Support Usage-Based Insurance in North America
CerebrumX Lab Inc., an AI-driven automotive data services & management platform, announced it will incorporate Ford connected vehicle data to support its data-driven usage-based insurance (UBI) as-a-Service model for Insurers. This model offers a quicker and more cost-effective implementation of UBI programs by using embedded telematics for eligible Ford and Lincoln connected vehicles. Usage-based insurance […]