Driving devices don't always deliver big insurance savings - WTVM.com-Columbus, GA News Weather & Sports

CBS 5 Advocate

Driving devices don't always deliver big insurance savings

SCOTTSDALE, AZ (CBS5) -

Prove you have good driving habits, get a discount on your car insurance premium. That is the idea behind "pay as you drive" devices touted by many insurance companies, but do they deliver?

The devices are installed in your car and gather all kinds of data about the way you drive. It is a worthwhile sharing of information if it leads to substantial savings, but one Scottsdale man says he hasn't seen it.

"I've had State Farm for umpteen years in several states," Stan Borucki said.

That's why Borucki took his agent's advice and installed a driving device in his car. His driving habits would be monitored by a company called InDrive and the results sent to State Farm.

"Going over bumps, left turns, right turns, braking facilities, it monitors several parameters of your driving habits," Borucki said.

After driving with the device for six months, Borucki says InDrive informed him that he was eligible for a premium reduction of about $200 every six months. But Borucki says State Farm only offered him a reduction of $34.

"One of them says it's not their fault, they've sent the data to State Farm. State Farm says they don't much believe in the data," Borucki said.

And Borucki says he hasn't even seen the smaller reduction. His premium has stayed about the same, around $500 every six months. His 2000 Cadillac only has 41,000 miles on it and he says he only drives it around his Scottsdale neighborhood. Why can't he get a larger reduction?

"I don't care who's in error, all I want is the reduction," Borucki said.

Borucki says driving devices have value, but only if insurers respect the data they provide.

"What percentage of the people actually got a discount, and how much was the discount," Borucki asked?

State Farm told CBS 5 News that Borucki misunderstood the emails from InDrive. He was never eligible for a $200 premium reduction related to the device. That amount included several other discounts he was already receiving (i.e. for low miles driven in a year) that were not related to the device.

State Farm says the discount Borucki achieved for having the device was $16 every six months.

They also say, overall, a statewide rate increase has eaten away at some of the savings related to these devices.

Bottom line: State Farm and other insurers offer free trials on these devices, so you may want to consider installing them, but don't have high exceptions for savings.

Copyright 2014 CBS 5 (KPHO Broadcasting Corporation). All rights reserved.

  • LocalMore>>

  • Neighbors express concern following deadly shooting on 3rd Ave. in Columbus

    Neighbors express concern following deadly shooting on 3rd Ave. in Columbus

    Tuesday, June 19 2018 12:06 AM EDT2018-06-19 04:06:52 GMT
    Hours after a man was shot and killed in Columbus neighbors expressed concern about the violence. ( Source: WTVM))Hours after a man was shot and killed in Columbus neighbors expressed concern about the violence. ( Source: WTVM))
    Hours after a man was shot and killed in Columbus neighbors expressed concern about the violence. ( Source: WTVM))Hours after a man was shot and killed in Columbus neighbors expressed concern about the violence. ( Source: WTVM))

    The victim in a shooting on the 500 block of Third Street has been identified as Jermaine Williams. Columbus Police says the victim was taken to the Columbus Piedmont Hospital where he was later pronounced dead. Those in the area says it shouldn’t have happened. “I’m sorry for the lost and I hate that this happened but the gun violence and all this has to stop. It really does,” says long-time resident Lashumba Jones. Columbus police say a dispute between two ...

    More >>

    The victim in a shooting on the 500 block of Third Street has been identified as Jermaine Williams. Columbus Police says the victim was taken to the Columbus Piedmont Hospital where he was later pronounced dead. Those in the area says it shouldn’t have happened. “I’m sorry for the lost and I hate that this happened but the gun violence and all this has to stop. It really does,” says long-time resident Lashumba Jones. Columbus police say a dispute between two ...

    More >>
  • News Leader 9 goes behind the scenes of 'My Brother's Keeper'

    News Leader 9 goes behind the scenes of 'My Brother's Keeper'

    Monday, June 18 2018 11:26 PM EDT2018-06-19 03:26:48 GMT
    News Leader 9 got a behind-the-scenes look as they shot scenes of “My Brother’s Keeper” at Midtown Coffee House on Monday. (Source: WTVM)News Leader 9 got a behind-the-scenes look as they shot scenes of “My Brother’s Keeper” at Midtown Coffee House on Monday. (Source: WTVM)
    News Leader 9 got a behind-the-scenes look as they shot scenes of “My Brother’s Keeper” at Midtown Coffee House on Monday. (Source: WTVM)News Leader 9 got a behind-the-scenes look as they shot scenes of “My Brother’s Keeper” at Midtown Coffee House on Monday. (Source: WTVM)
    A movie crew has been in Columbus for the past few making a faith-based film. News Leader 9 got a behind-the-scenes look as they shot scenes of “My Brother’s Keeper” at Midtown Coffee House on Monday. The Christian-themed film is about a decorated combat veteran who returns from and struggles with his faith and PTSD. The film stars T.C. Stalling, known for the War Room, and Keisha Knight-Pulliam who started out on the Cosby Show. Writers and director Ty Manns, who...More >>
    A movie crew has been in Columbus for the past few making a faith-based film. News Leader 9 got a behind-the-scenes look as they shot scenes of “My Brother’s Keeper” at Midtown Coffee House on Monday. The Christian-themed film is about a decorated combat veteran who returns from and struggles with his faith and PTSD. The film stars T.C. Stalling, known for the War Room, and Keisha Knight-Pulliam who started out on the Cosby Show. Writers and director Ty Manns, who...More >>
  • UPDATE: Victim has been identified in fatal shooting on 3rd Ave.

    UPDATE: Victim has been identified in fatal shooting on 3rd Ave.

    Monday, June 18 2018 11:15 PM EDT2018-06-19 03:15:57 GMT
    A fatal shooting has been confirmed on 3rd Ave. (Source: Rico Mitchell/WTVM)A fatal shooting has been confirmed on 3rd Ave. (Source: Rico Mitchell/WTVM)

    The Columbus Police Department has confirmed that they are investigating a fatal shooting on the 500 block of 3rd Ave. 

    More >>

    The Columbus Police Department has confirmed that they are investigating a fatal shooting on the 500 block of 3rd Ave. 

    More >>
Powered by Frankly