Video Friday: Allstate DriveWise


Allstate has a new program called DriveWise to reward safe drivers with discounts. Here’s a YouTube video explaining the service and you can read more about the program on the Allstate site itself. This is one of a new emerging class of real-time insurance products that include “pay as you drive” options to lower insurance costs.

There are many ways to save money on your auto insurance, but these policies represent a completely new insurance model that individualizes risk profiles. Expect to see more of this kind of thing from all the major insurers in months to come.

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