Mercedes-Benz adds new feature to telematics offering
Since 2017 Mercedes-Benz Bank has been offering car owners InScore, a telematics-based insurance product in partnership with HDI Versicherung. To make the product more attractive, the carmaker is announcing that customers are now able to test InScore for up to three weeks in order to help them get familiar with the solution and its benefits.
The company is also promising savings of up to 30% with 10% being automatically deducted when customers sign up, another 10% if they obtain a policy before the promotional campaign ends on December 31, 2020, and an additional 10% on premiums for the following year for those who receive a good Driver Score.
The InScore test service is open to all customers who have a Mercedes-Benz vehicle from a model series for which the telematics solution is available, and registration via the online portal only requires a few details such as the customer’s name, email address, and vehicle identification number.
“With InScore, we are offering an innovative insurance solution that enables our customers to influence the rates they pay by their driving behavior. This makes it possible for us to accommodate our customers’ wishes for greater flexibility and transparency. By giving customers the opportunity to test this principle for three weeks, we make it easier for them to ultimately switch over because they become familiar with how the system works and the benefits it offers before they actually have to make a decision.” – Gebhard Mayerhofer, Head of Insurance at Mercedes-Benz Bank.
Bottom Line: Mercedes-Benz can charge a premium while insurance companies need to reduce premiums .