State Farm Drive Safe & Save is rated 4.3 out of 5 stars by WalletHub editors, based on factors like possible savings and customer reviews. State Farm Drive Safe & Save is an above average usage-based insurance program, since it allows customers to save up to 30% and never increases premiums.
Key Things to Know About Drive Safe & Save from State Farm
- Initial discount of 10%
- Possible savings of up to 30%
- Will not increase premiums for bad driving
- Discount unavailable in CA, MA, & RI
- Customer reviews of the app average 4.4 out of 5
What Is State Farm Drive Safe & Save?
State Farm Drive Safe & Save is a usage-based insurance program that monitors a policyholder’s driving habits in order to adjust their premium. Customers who sign up for Drive Safe & Save can save up to 30%, including an initial discount of 10%. State Farm Drive Save and Save never increases premiums for bad driving, so policyholders will never be penalized for trying the program.
Usage-based insurance programs rely on telematics, which is a technology that uses wireless devices to transmit data. Most major insurance companies have introduced telematics programs as a way to give good drivers a discount, since safe drivers are less likely to get into an accident or file a claim.
What State Farm Drive Safe & Save Monitors
- Miles driven
- Distracted driving
- Time of day driven
Drive Safe & Save from State Farm tracks these behaviors using the Drive Safe & Save smartphone app. The app is available for iPhones and Androids from both the Google and Apple app stores. Policyholders can also download it by texting "SAVE" to 78836.
Aside from sending information on your driving behavior to the company, the Drive Safe & Save app includes features such as driving tips and trip details. The app will automatically record trips if your bluetooth is on and you allow the app to see your location. It’s also worth noting that the app’s reviews are positive overall.
Is State Farm Drive Safe & Save Worth It?
State Farm Drive Safe & Save is worth it for safe, low mileage drivers who do not mind being monitored for insurance purposes in return for savings of up to up to 30%. On the other hand, drivers who frequently drive at night or in heavy traffic are less likely to benefit, as are careless drivers. Since State Farm won’t ever raise your rates for using Drive Save and Save, it’s worth trying the program if you’re comfortable with the company’s data and privacy policies.
Keep in mind that your definition of safe driving might differ from State Farm’s. Make sure you know what habits Drive Safe & Save monitors, and see how they match up with your individual circumstances. For example, if you work the late shift, State Farm will count your frequent nighttime driving against you.
If you decide that State Farm Drive Safe & Save is worth it for your particular circumstances, you can enroll by following the instructions on the Drive Safe & Save app. You can also contact State Farm customer service at 800-STATE-FARM (800-782-8332) if you’re unsure whether Drive Safe & Save is available in your state.
State Farm Drive Safe & Save vs. Popular Competitors
|Insurer||State Farm Drive Safe & Save||Allstate Drivewise||Progressive Snapshot||Liberty Mutual RightTrack|
|Potential Savings||Up to 50%||Up to 25% rebate||$146 on average||Up to 30%|
|Customer Reviews of the App||4.4||4.0||4.3||4.2|
|Can Increase Premiums?||Will not increase premiums for bad driving||Will not increase premiums for bad driving||Will increase premiums for bad driving||Will not increase premiums for bad driving|
Video: State Farm Drive Safe & Save Review
WalletHub editors evaluated State Farm Drive Safe & Save in the following categories:
- Initial savings
- Maximum possible savings
- Average of Google and Apple app ratings
- Whether the program can increase a driver’s premium
- Overall WalletHub editor rating for the entire company
- Ease of accessing privacy and data disclosures