Filed Under:Agent Broker, Personal Insurance Business

Karen Barone on Progressive's new Snapshot auto program--Podcast

Progressive Insurance recently introduced a new auto insurance program called Snapshot, a national personal lines "pay as you drive" product that offers discounts of up to 30 percent to policyholders, based on real-time information about how and when they drive.

Using a small device that drivers plug into a car's diagnostic system, Snapshot tracks driver mileage, time of day and hard braking practices. After 6 months, the driver returns the gadget to Progressive, which figures the policyholder's discount based on auto usage.

Calling Snapshot a "game changer for independent agents," Karen Barone, Progressive agency sales and distribution leader, talks to American Agent & Broker Editor Laura Toops about how the new Snapshot technology levels the playing field with direct writers for personal lines business.

To listen to the podcast, click below.

Top Story

Here are the 10 factors that are reshaping the insurance business in 2015

New CCC study highlights the growth opportunities and challenges for insurers.

Top Story

5 pay-as-you-drive car insurance myths

Although pay-as-you-drive auto insurance policies are spreading, misconceptions abound. Here are five of the most common ones.

More Resources

Comments

eNewsletter Sign Up

Personal Lines Pro eNewsletter

Critical insights into the personal auto, homeowners, and other consumer insurance markets to help P&C professionals stay informed – FREE! Sign Up Now!

Mobile Phone
         

Advertisement. Closing in 15 seconds.