I saved one percent. That was how much my privacy was worth. For you mathematicians, you might have noticed that my percentage discount is not based on the same principal amount. This signaled to me that I should dig deeper. My rates increased. I know there can be multiple factors for premium increases, but the correlation discomforts me. As my vehicle depreciates, I can only presume that premiums decrease accordingly.
Not so, indicates Progressive. See for yourself …. Clever accounting. In full disclosure, I receive more discounts, but this is my base policy premiums. The discounts stayed the same. Thus, my privacy is worth one dollar, which is roughly 16 cents per month.
In conclusion, with Snapshot you might receive a vanity discount on your insurance at the cost of an increased premium in your next renewal. So, I took it upon myself to export the data from my account not easy and do a little analysis in Excel. All data is measured from the six months between January and June. What was that peak on February 4th? It was me doing brake stands burnouts and I was trying to figure out how to disable Traction Control on my Mustang. Eventually, I figured it out.
At least it was for me. Had I known the real impact of each hard brake, I would be even more intentional about avoiding them.
Now you and I know better, so we can more easily adapt to these driving monitoring devices. I do have one prevailing concern. Currently, these devices are voluntary. Progressive and State Farm offer potential discounts for using them. I anticipate that the ROI of this data is far more valuable than what insurance companies let on through discounting.
I worry that in the not-too-distant future, they will be mandatory and drivers will be penalized for opting out of their monitoring. For privacy advocates out there, this system is disturbing. Especially since all the National Security Agency NSA controversies involving surreptitiously monitoring American citizens , this gives law enforcement agencies one more tool to track its citizens.
Remember, the Snapshot device has a cellular modem and a SIM card identifying the individual device. Review the patent here! Overall, the intent of the Snapshot program accomplished its stated mission. It helped me become a safer driver. Look for regular email updates showing your progress during the Snapshot program. You can also log in to your policy at any time to see how you're doing. When you have completed monitoring, you'll get an email with your Snapshot results and information on sending back the plug-in device or deleting the mobile app.
If you decide Snapshot isn't right for you, you can opt out at any time. If you received a Snapshot participation discount when you purchased your policy, you lose that discount when you opt out of the program. Additionally, in some states and situations, if you opt out more than 45 days after enrollment, you may receive a surcharge to your policy at the next renewal. Visit the details page to see specifics for your state. You can enroll in the Snapshot program at the time you purchase your policy or by calling Progressive at If you don't want to switch your insurance to Progressive today, you can sign up for the Snapshot Road Test.
It's a free trial that lets you see how much of a discount you could get with Progressive without having to change your auto insurer. Get more details about Snapshot Road Test.
The mobile app will not impact your ability to use any of your phone's regular features while driving or otherwise. The mobile app uses GPS to calculate your speed over time, mileage, and driving behaviors such as hard braking. Location data is used to provide trip information on the phone. It may also be used for underwriting purposes but is not used in determining your personalized rate.
The app uses Wi-Fi to send us your trip information. The app also uses Wi-Fi to more accurately determine when a trip begins and to complement GPS location data. Also, if any drivers on your policy regularly drive vehicles not on the policy, the mobile program may not be a good fit.
Some examples of this include delivery drivers and people driving a company car. Each driver on the policy downloads the mobile app on their smartphone. In some states, during registration of the app, each driver chooses the vehicle that they drive most often and each smartphone will then be associated with a vehicle. In other states, we average the driving data from all smartphones across all vehicles on the policy. In either case, the smartphone shows that driver's driving data and it doesn't matter if they sometimes drive a car on the policy other than the one associated with their phone.
If two drivers from the household are in a car together for example, husband and wife , the mobile app should be able to determine who is the driver and only collect trip data for that person. However, in the instance that the phone app registers the trip for both individuals, we provide the opportunity, in the app, to correct the trip information. If you cannot see the app in the App Store, it's because your phone isn't supported. If you already signed up for the mobile program, please call us at to switch to the plug-in device.
The app typically needs to remain on your phone through your first policy period. We'll contact you when you complete monitoring with instructions for deleting the app. After monitoring is complete, the app no longer collects driving information. Yes, you can switch to a plug-in device by calling us at In some states, if you do choose to switch to the plug-in device, we will ask the other drivers on your policy to switch as well.
In addition to contacting your mobile carrier to discuss your plan and international implications, you should pause the app for the time period that you know you will be out of the country. Snapshot collects phone usage only while you're driving, and does not know who you're calling or otherwise contacting.
The mobile app is available free of charge to Progressive Snapshot mobile customers. Simply follow the link we provide you in your welcome email to download. From there, you can follow the instructions for registration. For people that download the app and are not Progressive Snapshot customers — you're not able to register and use the mobile app. In some states, the mobile app is only available for new customers at the time they purchase their policy.
If you live in one of those states, are a Progressive customer and would like to try Snapshot, you can call us or log in to enroll in Snapshot with a plug-in device. For people who are Snapshot customers using the mobile app — give us a call at for help with registration.
Sharing cars is fine. The program won't be affected if cars on the policy are shared among Snapshot participants. Each driver only sees their own driving data on their mobile phone. The app should work on most Android phones without any special configuration.
Upon installation, the app will request access to the following:. As long as the app is installed on your phone and your phone is on during trips, it collects your driving data unless it's paused. The app uses very minimal data.
Battery use is also low when not driving. When driving, the battery use is comparable to other driving and navigation apps. If you take long car trips, we recommend charging the phone while driving. As long as the app is installed on your phone, and the phone is on, you don't need to do anything when you get in the car. The app detects the start of your trip and begins collecting information on its own. The mobile app detects movement of a certain speed and distance to determine when a trip starts.
No action is necessary on the part of the user. You can see driving reports and Snapshot performance in the mobile app. You can also view performances for all vehicles and drivers on the policy by logging in to your account. What happens if I delete the app? We need to hear from your device regularly for your participation in the Snapshot program to continue.
If we're not hearing from your app often enough, we'll send you an email with instructions to re-install the app or switch to a plug-in device to continue participation in the Snapshot program. It's normal to occasionally notice that the app doesn't collect every trip or in some cases only captures part of a trip. There are certain situations — like low battery, sparse cell towers, etc. If you find that this is happening on the majority of your trips, please call us at for assistance.
If you notice that we miscategorized a trip, you have an opportunity in the app to correct it. The app can be paused for up to two weeks at a time.
An example of a reason that you might pause the app is traveling out of the country. If we determine that the app is being repeatedly paused and we are not collecting enough trip data, you'll need to switch to the plug-in device to keep the benefits of the program. In some states, the mobile app experience is only available for customers at the time they purchase their policy. If this is the case and you would like to try Snapshot, you can call us at or log in to participate in the Snapshot program with the plug-in device.
You can check out your Snapshot options by logging in to your policy or using our Progressive servicing app. Depending on your state, you may be able to participate using the mobile app or the plug-in device.
In other states, you need to use the plug-in device if you want to participate again. Going Deep on Big Data. Big data is transitioning from one of the most hyped and anticipated tech trends of recent years into one of the biggest challenges that IT is now trying to wrestle and harness.
We examine the technologies and best practices for taking advantage of big data and provide a look at organizations that are putting it to good use.
Read More. Currently, Progressive collects only two data elements with Snapshot: time and speed. We're currently collecting GPS data from a sample of customers for research purposes only," he said.
But at some point, mobile phones could be used for that purpose, Pratt said. Snapshot collects up to six months of data from drivers for discount purposes, and the data is archived for years as per the insurer's regulatory protocol. The drivers who opt in for the Snapshot program have online access to the data they generate at the end of each trip, using their Progressive policy account to get visualized reports. So, with all of that data building up, one could wonder if Progressive has ever offered — or considered offering — analysis of the data to external entities.
After all, there are a number of ways that data could be used beyond lowering insurance rates. For example, planners of urban infrastructure could use the data to determine which roads are the most problematic for drivers and in need of work or repair. Looking ahead to the maturation of smart automobiles, Progressive is hopeful that its data collection will not only continue to remain relevant, but also become easier and more efficient. Palantir sees Q4, revenue ahead of expectations.
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