Resources

Get Control with Driver IQ

Good drivers get the best insurance rates.

DRIVER IQ is a program that we have formulated here at The Insurance Loft specifically meant to save you money. It is a set of metrics that allow you to review your driving skills and use that safe driving to reduce your premium.

How does it work?

DRIVER IQ is a little device that you either install right in your car under your steering wheel or an application that you simply upload on your smartphone.

Once you are ready to see some changes on your premium, you follow these simple steps.

  • Contact your advisor and asked to be enrolled in the program. They will make sure that you start earning a base discount automatically and then send you instructions on how to proceed with the device.
  • Once you receive those installation instructions, merely install the DRIVER IQ device in your vehicle or download the application on your smartphone.
  • Drive safe. Your savings are based on four major factors:
  1. Hard stops – Watch your acceleration and don’t slam on the brakes.
  2. Night time driving – Keep off the road after midnight.
  3. Miles drove – If you’re going on a road trip, make sure you toggle the device off. Keep it to your commute!
  4. Fast speeds – Drive like your grandma. Thank us later!

Keep following those factors, and you’ll be notified by your advisor when the program is completed. After the competition of the program, your discounts will be automatically applied to your premium.

If you follow these four steps, you’ll be on your way to lowering your premium. Our clients have saved hundreds of dollars on this program, the average savings being at least 24% on their annual premiums.

Contact your advisor now. Let’s get you signed up.

January 10, 2019
by Melanie Stout
Client Support