Usage-based insurance (UBI) allows drivers the power to control the cost of their auto insurance by paying how they drive, which means good driving habits come with an added incentive. UBI also offers a way for drivers to monitor their behaviours using real-time data. Here are four ways young drivers benefit from UBI.
Key Driving Feedback
Research has shown that a majority of young drivers aged 16-24 agree that distracted driving (69.2%) and texting while driving (83%) are serious problems. Young drivers care about driving safe, and want to be trusted behind the wheel. The driving data UBI records can help drivers see where their habits could use improvement.
Ajusto, a user-based insurance program brought to you by Desjardin Insurance, makes accessing your driving data easy. Just log in to your secure online dashboard and view your performance on three factors influence savings – the number of kilometres driven, speed of acceleration and braking, and time of day your vehicle is driven. You can check your data, and your estimated savings, at any time. It’s as easy as logging in.
Incentives to Drive Safe
UBI has attracted many who consider themselves good drivers because it rewards good drivers with savings. However, drivers who are learning can benefit with savings, too.
Since Ajusto has launched, its users have saved an average of 12%. The data gathered by the telematics device can only be used to increase your savings, not penalize you. That’s right – with Ajusto,you can only save.
Ajusto is free for Desjardins Insurance clients, and can allow users to save up to 25% more on car insurance at renewal—over and above all the other savings offered by Desjardins Insurance. For young drivers on a budget, the savings can make a difference.
More autonomy in vehicle use
UBI can help parents of young drivers be confident that their teen is staying safe in the family car even when they can’t be there. That means young drivers can enjoy more autonomy as they learn.
Rather than “back seat driving,” UBI offers parents a way to effectively help their teen adopt the best possible driving practices. The data shown on Ajusto’s online dashboard gives parents and teens the information they need to talk tips and opportunities for improvement, making it a valuable tool for helpful feedback.
Young drivers can set a good example
When young drivers take control of their driving habits, the effect is widespread—paying attention to driving practices makes the road safer place for everyone. To be sure, a car’s most important safety feature is the driver.
Encourage the young driver in your household to start off driving safe, and introduce them to Ajusto. Find out how much your could be saving now with the online calculator. Car insurance is changing, and the benefits for both new and seasoned drivers are many—the power to pay less is only one.