Insurance company mileage tracker
05-28-2017, 10:03 PM
#16
Rennlist Member
It's State Farm in my case. I already have the Carrara classified as less than 7500 miles per year but there is no lower classification according to my agent.
Once i made the post I realized I could leave the phone home so no mileage is recorded so they must have a way to verify mileage through the state database. Very disingenuous offer from State Farm to track mileage but no mention to be of other stuff. Maybe when I'm too old to drive much I'll sign up. That is decades away!
Once i made the post I realized I could leave the phone home so no mileage is recorded so they must have a way to verify mileage through the state database. Very disingenuous offer from State Farm to track mileage but no mention to be of other stuff. Maybe when I'm too old to drive much I'll sign up. That is decades away!
BTW, I know at times that there are good reasons to stick with your current company for combined discounts, good histories, and maybe they do have the best rates for you. But if you are interested in more than 5% off it likely pays to shop around. I switched to Geico about two years ago since their rates are nearly half that of State Farm for my cars and they aren't piddling around asking me to install an app for a 5% discount or claiming a discounting bundle with homeowners insurance. I'll stick with the roughly 50% discount with no app. The State Farm agent just contacted me about a month ago and I gave them a list of my current coverages to match their quote against. They admitted they couldn't even begin to compete even if they gave me the new-customer first-year rate. I doubt Geico's customer service is quite as good as State Farms, but there's a lot to be said for a 50% lower rate too. They did pay quickly for the broken windshield replacement I had a month or so ago, but I did have to pay the extra for the OEM glass as opposed to the aftermarket they offered.
05-28-2017, 10:08 PM
#17
Rennlist Member
I've always thought it would be funny to take one of those monitoring devices on a car for an HPDE - just to see the insurance agent's reaction to the data.
05-28-2017, 10:36 PM
#18
I've heard a big factor is what time of day you drive, more so than acceleration, etc. Not sure if it's valid or not, but came from a friend who's managing partner with PE firm that owns an insurance company.
05-28-2017, 10:50 PM
#19
Three Wheelin'
If it is a spare car, get it listed as "pleasure use" with stated mileage of under 8,500 miles a year. I have used this in the past and I have never had them verify mileage.
My wife and I are both retired and have both cars listed as "pleasure use" with an 8,500 annual mileage. We far exceed that on one car and I hope to exceed it on the 911. Mileage has never been questioned.
I was surprised to find my 911 insurance as low as it is. It's a 2017, the insurance company used MSRP for value and my premium is $600/year with high limits to support personal liability policy.
I would never get an app or plug in device. Too many people are already in our personal lives.
My wife and I are both retired and have both cars listed as "pleasure use" with an 8,500 annual mileage. We far exceed that on one car and I hope to exceed it on the 911. Mileage has never been questioned.
I was surprised to find my 911 insurance as low as it is. It's a 2017, the insurance company used MSRP for value and my premium is $600/year with high limits to support personal liability policy.
I would never get an app or plug in device. Too many people are already in our personal lives.
05-28-2017, 10:58 PM
#20
Burning Brakes
05-28-2017, 10:59 PM
#21
Instructor
Forget this idea, I'd imagine the normal porsche driver has a better chance of experiencing a rate increase rather than being rewarded for meeting their unpublished safety formula parameters.
05-28-2017, 11:00 PM
#22
Rennlist Member
Thread Starter
My rates are good considering the value of the cars but there will be a noticable increase if I do nothing due to the increased accident rate in my area. Rather not spend more than necessary on this. Probably just adjust coverage or pay up and forget about it.
No go on the phone app monitoring. Who knows, Verizon is probably already compiling data on us.
Thanks for your info, comments and suggestions.
No go on the phone app monitoring. Who knows, Verizon is probably already compiling data on us.
Thanks for your info, comments and suggestions.
05-28-2017, 11:01 PM
#23
Rennlist Member
I've got a better idea. Call your agent and suggest that you're shopping rates because you feel you're paying too much.
Putting that digital nanny on is virtually guaranteed to backfire.
Putting that digital nanny on is virtually guaranteed to backfire.
05-28-2017, 11:16 PM
#24
Race Director
Originally Posted by Noah Fect
By accepting this kind of thing, you are only accelerating our progress toward the day when it will become a requirement for the rest of us.
So, thanks for that.
So, thanks for that.
+ 1
No thanks!
05-28-2017, 11:20 PM
#25
Rennlist Member
Probably inevitable. They will claim that the majority of customers get a "discount" with a tracking device, some will lose their discount after driving in ways they define as high risk, and customers without a device will pay a premium.
05-29-2017, 12:46 PM
#26
Let me understand
You were considering voluntarily giving your insurance company YOUR DATA which can and will be used against you to deny claims and increase your premium potentially forever ???
05-29-2017, 01:18 PM
#28
Three Wheelin'
I always wanted to do this.
05-29-2017, 07:04 PM
#29
I've got just over 5,000 miles on my 07 Cayman S I've had since new at my vacation place and about 6,000 miles on my 14 C4S so I was thinking that one of those trackers would be good, but only if I have it on while I'm not driving it.
When I do drive the car I'd prefer not to have big brother watching me for obvious reasons.
When I do drive the car I'd prefer not to have big brother watching me for obvious reasons.