Travelers expands telematics offerings with IntelliDrivePlus
Travelers has expanded its telematics auto insurance offering with the launch of IntelliDrivePlus. At each renewal, the app-based program calculates a new premium by measuring miles driven and driving behaviors, such as braking, acceleration, speed, time of day and distraction.
Travelers’ original telematics program – IntelliDrive – which was launched in 2017 and is available in 40 states, calculates a premium based on driving behaviors, excluding mileage. Aside from the mileage component, the IntelliDrive program tracks driving behavior over a 90-day period while IntelliDrivePlus will feature continuous monitoring.
Drivers who sign up for the new program, which is currently available in Arkansas, Nebraska and Ohio, can receive an enrollment discount of up to 12%.
“Our original telematics program, IntelliDrive, grew by 50% during the last year, making it clear that consumers are increasingly comfortable with pricing that reflects their driving behaviors . IntelliDrivePlus builds on that momentum and offers our customers even more options to personalize their insurance.” – Michael Klein, EVP and president of Personal Insurance at Travelers.