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Usage-based insurance from Geico benefits safe drivers who drive less than the average person (roughly 12,000 miles per year), but only Geico customers in Pennsylvania and Connecticut can sign up for the program right now. More states will get access soon. All eligible drivers should consider giving it a try, though. Geico offers a discount of up to 20% simply for participating, depending on where you live.
Geico’s usage-based insurance relies on a smartphone app called DriveEasy, which automatically detects your driving—you don’t even have to open and close the program. DriveEasy gives feedback on your driving and scores your habits to determine your discount. Geico guarantees you’ll get the full discount for participating the first term. After that, feedback from the DriveEasy app won’t be used to increase your premiums, but your discount may be reduced based on your score.
Geico’s DriveEasy app monitors:
- Distracted driving
- Hard braking
- Time of day
- Distance driven
Some of the habits and behaviors that DriveEasy tracks will impact your safe-driver score and discount potential more than others. Distracted driving and total distance driven are given the most weight. The app logs both handheld phone calls and active phone use, but it won’t penalize you for hands-free calls or mounting your phone on the dashboard to use the GPS.
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