Safe, Low-Mileage Drivers Can Save More, Faster with New Pay As You Drive Program from Progressive

MAYFIELD VILLAGE, OH--August 25, 2011: More than a quarter of a million drivers have participated in a program to get personalized car insurance rates by sharing how, how much, and when they drive with Progressive's optional Pay As You Drive insurance discount program, a form of insurance also known generically as usage-based insurance. Now, with Snapshot^®, the newest version of the program formerly known as MyRate^®, Alabama drivers can save up to 30 percent on their insurance after just 30 days of driving. Drivers currently enrolled in the optional program are already saving an average of $150 per year. In addition, customers only need to share six months of driving data.

How it Works

• After drivers sign up for the Snapshot program, we send them a device that fits in the palm of their hand and plugs into the on-board diagnostic (OBD) port of their car. The device records and sends the driving data to us.
• After 30 days, customers will find out if they're eligible for a discount -- up to 30 percent -- based on their driving habits and will see that discount applied to their policy. People who drive less, in safer ways and during safer times of day are more likely to get a discount.
• At the end of the six-month policy term we determine the renewal discount and the customer returns the device to us.
• We may periodically check in with customers to get an updated picture of their driving by asking them to plug in the device again.

Other Facts

• The Snapshot program is available to Alabama drivers who buy policies from Progressive.
• Customers can log in to their policy on progressive.com during the six-month period the device is plugged in to see how their driving habits affect their rate, and, if they choose, make changes that could lead to greater savings. Customers will also see whether they are on track for a discount after 30 days.
• Snapshot is voluntary and customers can opt out at any time. It won't make customers' rates go up.
• The Snapshot device measures how, how much and when customers drive their vehicle. It doesn't have GPS, so it doesn't track a vehicle's location.
• Customers can review their projected discount wherever they are, by simply visiting Progressive and logging into their policy.