Would your auto insurer think you're a safe driver?
TORONTO, Aug. 13, 2014 /CNW/ - KANETIX.ca, Canada's premier car insurance comparison company, is challenging
drivers to test their skills through a new mobile app that scores their
driving, letting them know if they could qualify for auto insurance
DriveSmart is the first hands-free app in Canada that helps drivers
gauge if they would benefit from usage-based insurance (UBI) programs,
which collect data from a device typically installed in a driver's
vehicle to provide safe drivers with auto insurance discounts of up to
25 per cent. The free app is available for download through the Apple
and Android app stores.
"With our app, drivers get a taste of how usage-based insurance works."
says Andrew Lo, chief marketing officer at KANETIX. "The app will grade
your driving skills similar to how car insurance companies measure
drivers for UBI discounts. This will give drivers a sense for how their
driving skills stack up, and a chance to improve their skills to
maximize their savings."
The KANETIX.ca DriveSmart app grades a driver's driving style on several key
components considered in a UBI program: acceleration, braking, and
handling. Drivers will be given a score for each, plus tips for
improvement if necessary. The app also takes into consideration speed,
time of day, and trip duration, which is then factored into the
driver's overall score.
The overall score will provide insight to the driver on whether or not
joining a usage-based insurance program could help them lower their car
A recent KANETIX survey revealed that only 18 per cent of Canadians were
aware of usage-based insurance, but 62 per cent were willing to use it
if it meant saving on auto insurance. An incredible 69 per cent of
those surveyed said they would drive more safely if they knew their
driving was being monitored.
How the app works
After downloading the app to a smart phone, the app runs in the
background and automatically detects when you start driving. It's
completely hands-free so there's no need to start or stop the app, or
check your phone while driving—in fact, your driving score will be
penalized if you do.
Hands-free automatic trip start and finish detection
A progression graph that shows how your scores have evolved
Customizable time frames to view scores, distance driven, average speed,
Badges earned for good driving techniques
A leaderboard that lets drivers compete with their friends
Download DriveSmart for iOS here: https://itunes.apple.com/ca/app/kanetix-drivesmart/id855481161?mt=8
Download DriveSmart for Android here: https://play.google.com/store/apps/details?id=com.kanetix.telematics
For more information about the app, visit https://www.kanetix.ca/drivesmart.
Launched in October 1999, KANETIX was Canada's first online insurance
marketplace and today provides over a million quotes per year to
consumers looking for insurance, as well as comparisons for mortgage
rates and credit cards. The KANETIX comparison service is a one-stop
shopping environment for consumers. Each day, thousands visit
KANETIX.ca to comparison shop their various financial needs. Shoppers
choose what they want to compare, obtain a quotation and complete an
online application or, with the help of KANETIX connect with the
provider to purchase or apply for the product over the phone. Through
its Software as a Service team, KANETIX is also the leading provider of online insurance quotation technology,
developing online quotation systems, mobile solutions, actuarial tools
and websites for many of Canada's largest insurance brands.
Image with caption: "KANETIX® logo (CNW Group/Kanetix)". Image available at: http://photos.newswire.ca/images/download/20140813_C7105_PHOTO_EN_42412.jpg
For further information:
For more information, visit KANETIX.ca or contact: