Hartford, Conn., USA. 12th January, 2022– The Travelers Companies, Inc. has reportedly expanded its telematics auto insurance offerings with the launch of IntelliDrivePlus. At each renewal, the app-based program calculates a new premium by measuring miles driven and driving behaviours, such as braking, acceleration, speed, time of day and distraction. IntelliDrivePlus is now available to customers in Arkansas, Nebraska and Ohio.
“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 behaviours,” says Michael Klein, executive vice president and president of personal insurance at Travelers. “IntelliDrivePlus builds on that momentum and offers our customers even more options to personalise their insurance.”
IntelliDrive launched in 2017 and is available in 40 US states. It calculates a premium based on driving behaviours, excluding mileage, which are tracked over a 90-day period. In comparison, IntelliDrivePlus calculates a premium by assessing changes in driving behaviour and mileage, which are captured over the life of the policy.
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