![Young female driver](/dA/c2f63b671f/BLOG-07-10-23_usage_based_insurance_and_new_driver@2x.jpg)
You’re a new driver who’s about to dive into the world of auto insurance. We know it can seem overwhelming and that’s why we’re here to help! There’s a new option for
How does usage-based insurance help with responsible driving?
With
Is there potential for lower premiums?
Yes - that’s one of the benefits! Traditional insurance policy premiums are based on factors like age, gender, and location, but usage-based insurance also looks at a person’s individual driving behaviours. So, a new driver who’s got safe driving habits will see decreased costs for their auto insurance, which saves a lot of money over time.
Is Sonnet Shift customized for the driver?
As mentioned, usage-based insurance offers a personalized approach. While traditional models rely on demographic data, when it comes to usage-based insurance, insurers look at individual driving patterns to define risk. The incentive for new drivers is simple: The better and safer your driving behaviour, the better the price (not to mention it helps keep your driving record clean).
What type of insights does the driver receive?
Lots of details can be shared with the driver when it comes to their behaviour, including areas of improvement. For example,
Does this help build good driving skills?
Absolutely. New drivers have no driving history and no record, so with usage-based insurance collecting data every time they’re behind the wheel, that means they’ve got a chance to demonstrate responsible driving skills. This helps build a good track record as a driver, which leads to lower insurance premiums. That’s why usage-based insurance is extra helpful for new drivers – since you’re starting with a blank slate, you can prove right off the bat that you’re a safe driver. Then, so long as you maintain these good habits, you’ll keep getting those long-term savings on your auto insurance. Win-win!
Of course, the rules of the road are important, and it’s how you follow them that counts. With