What Is the Progressive Insurance Snapshot Discount?

June 8, 2011 by Leave a comment

As an independent agent I get a lot of questions, asking what this is.  Its actually very simple. When you sign up for a Progressive insurance policy, you can either elect to opt in or opt out for snapshot. If you elect to do the snapshot discount, you could potentially save up to 30 percent on your next renewal with them.

How it works is they send you a device, you plug it into your vehicles on board diagnosis plug. After 30 days, you can actually monitor your driving habits online. From there, Progressive will project your savings on next renewal. If your driving habits are good, you will most likely receive a discount on your next policy period.

Criticism of the program is a lot of people think its to much “big brother”. The reason is they are monitoring your driving every second you are on the road.  Some people don’t like this idea.

Filed under General Insurance Tagged with , , ,

What Is Sr22 Insurance?

May 15, 2011 by Leave a comment

Well lets first start out with the fact if your reading this blog and had to have it, you already know what it is and its not fun, and puts a dent in your pocket book. Also people think that all you have to do is pay an sr22 fee, on top of the insurance rate. But it also increases the overall premium.

The reason why you would need sr22 insurance is because, you got a serious moving violation, such as a DWI, DUI, driving without insurance and so on and so forth. At his point the DMV determines, that in order to maintain or reinstate your license, you must maintain sr22 insurance, for the stated time they determine.

The process is pretty simple in how it works, when you purchase a policy, the insurance company will notify the DMV, that you are maintaining auto insurance. This is all done electronically these days. In the event that your auto insurance is canceled for any reason, the DMV is notified. This could be for such reasons as not paying your insurance premium or the policy is being non-renewed. If you don’t maintain sr22 insurance the time the DMV requires, they will most likely suspend your license. From here you will have to file again, to re-instate your license.

In Colorado, the DMV will make you get sr22 insurance sometimes, even if you don’t own a vehicle. At this point you would need to purchase a non-owner policy. Pretty much it means, you have insurance, with out owning a vehicle. Also in this case its based strictly off your record.

I know this was simple short blog, but if you have any questions please contact us.

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Filed under General Insurance, SR22 Insurance Tagged with , , ,

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