Safeco Auto Insurance: Low Mileage, High Savings?

Safeco Insurance is a subsidiary of Liberty Mutual and offers a low-mileage discount for drivers who drive less than 8,000 miles per year. The exact discount amount is not published, but Safeco's low-mileage discount provides a substantial saving of up to 20% off auto insurance rates. This discount caters specifically to drivers who use their vehicles sparingly. To qualify for the low-mileage discount, drivers must ensure their vehicle is driven 4,000 miles or less during the policy period.

Safeco's RightTrack telematics program

Safeco's RightTrack is a telematics program that can save you up to 30% on your auto insurance premiums. It is a mobile app that observes and evaluates your driving habits, rewarding you for safe driving choices. The specific behaviours measured by RightTrack include total miles driven, nighttime driving, braking, and acceleration.

Here's how it works:

First, you need to sign up for RightTrack when you join Safeco. You'll receive an email with instructions and a link to download the Safeco Mobile app. Forward the activation codes to all drivers on your policy. Register using your Safeco online account information or the activation code provided.

Once registered, you instantly receive a 10% participation discount on your auto policy. Over the next 90 days, you have the opportunity to earn up to a 30% permanent discount. The app observes your driving habits and rewards you for safe choices. You can log in to the RightTrack dashboard at any time to see what discount you are on track to earn.

After the 90-day review period, RightTrack averages the discount between all drivers on the policy, and this final discount is automatically applied to your policy. The end result is a final discount between 5% and 30% that remains for the life of the policy. Safeco guarantees a minimum 5% discount for participating in the program.

RightTrack is a simple and free way to save on your premium without installing a device in your vehicle. It improves long-term driving habits and can be a useful tool for parents with teenage children, helping them develop safer driving habits.

Low-mileage discount requirements

Safeco Insurance is a subsidiary of Liberty Mutual and offers a low-mileage discount for drivers who drive less than 8,000 miles per year. The exact discount amount is not published, but Safeco does offer a telematics program called RightTrack, which offers a 10% discount just for signing up and up to 30% off thereafter for continued safe driving.

To qualify for the RightTrack program, you must download the Safeco app after purchasing a policy and register using either your Safeco online account information or the activation code included in your welcome email. The program lasts 90 days, after which Safeco will calculate a RightTrack score based on the driving behaviour of all participating drivers on your policy. The program considers total miles driven, nighttime driving between midnight and 4 a.m., braking, and acceleration.

It's important to note that RightTrack is currently unavailable in Alaska, California, Delaware, New York, and North Carolina. Additionally, drivers on your policy who do not participate in the program will lower the overall score, resulting in a lower discount.

Safeco's classic car insurance

Safeco offers classic car insurance for vehicles that are at least 10 years old, including modified collector cars, reproductions, replicas, restorations, modern classic cars, and antique autos. The company provides "agreed value coverage", which means that if the car is declared a total loss, you will receive the amount agreed upon when you took out your policy.

Safeco offers two types of coverage: regular use and restricted use. Regular use coverage allows you to drive your classic car for up to 10,000 miles per year, while restricted use coverage allows for up to 5,000 miles per year. If you drive less than 5,000 miles per year, you may be eligible for a discount on your insurance.

Safeco also offers a range of additional coverages, including 24-hour roadside assistance, emergency assistance, diminishing deductible, and personal property coverage. You can also combine your classic car policy with a Safeco homeowners policy to save money.

To get a quote for Safeco classic car insurance, it is recommended that you call to review your driving history, coverage options, and discounts.

Pay-per-mile insurance

Safeco Insurance offers a low-mileage discount for policyholders who drive 4,000 miles or fewer during their policy period. This discount provides a 20% saving on auto insurance rates, catering to drivers who don't use their vehicles frequently. To maintain this discount, customers must supply Safeco with their vehicle's odometer reading and annual mileage estimate.

Some benefits of pay-per-mile insurance include flexible coverage options, easy claims filing, and a helpful app that provides information about your trips, car health, and more. Additionally, pay-per-mile insurance companies often use advanced technology to track your driving behaviour and provide discounts for safe choices, such as Safeco's RightTrack program, which recognises safe behaviours like avoiding nighttime driving and gentle braking.

Overall, pay-per-mile insurance is a cost-effective option for low-mileage drivers, offering savings, flexibility, and peace of mind.

Usage-based insurance

Safeco Insurance offers a low-mileage discount of 20% for policyholders who drive 4,000 miles or fewer during their policy period. This discount is aimed at drivers who use their vehicles sparingly.

There are two basic types of UBI programs: driving-based and mileage-based. Driving-based programs measure factors such as how hard and how often you brake, how quickly you accelerate, and the time of day you drive. Mileage-based programs only measure how many miles you drive.

UBI programs have become popular as they offer several benefits to drivers. These include:

• Discounted premiums: Participating in a UBI program can lead to both immediate and long-term savings, with data collected by the insurer used to offer lower rates to safe drivers.
• Safer driving: The knowledge that their driving is being monitored encourages drivers to operate their vehicles more cautiously, leading to fewer accidents and violations.
• Improved habits: UBI programs provide analysis to help drivers identify areas where they can improve, such as braking more gently or taking turns more slowly.
• Easier accident investigation: In the event of an accident, investigators can use the speed and direction data from the UBI program to determine what happened.

It is important to note that UBI programs may not always result in cheaper insurance rates. If your driving behaviour is deemed high-risk, your insurer may increase the cost of your policy. Additionally, UBI programs do not take into account instances of defensive driving, such as sudden braking to avoid hitting a pedestrian.

To make the most of a UBI program, it is recommended that you drive less, avoid driving after midnight, and regularly check the feedback on your driving habits to improve your skills.

Frequently asked questions