Car Insurance Rates Introduces Quotes on Policies with Telematics Discounts

    SEATTLE, WA, March 17, 2011 /24-7PressRelease/ -- Car Insurance Rates continues to evolve with industry trends in order to accommodate its visitors' changing interests. Most recently, the site began offering quotes on car insurance policies with built-in telematics systems, also known as tracking or pay-as-you-go devices. Depending on driving habits, policyholders could save as much as 30 percent on their premiums if they install such a device in their vehicle. When visitors now request quotes on car insurance with participating insurers, they can request that the pay-as-you-go discount be incorporated into their rate estimate to see how much they could be saving.

"At Car Insurance Rates, industry developments and visitor feedback have persuaded us that pay-as-you-go auto insurance policies are the next big thing in the business. Car Insurance Rates is committed to offering information and pricing on the latest and most in-demand policies, which is why we now offer estimates on coverage from insurers who offer telematics discounts. Many of our participating insurers now provide these generous discounts to drivers willing to install approved telematics systems in their vehicles," explained CIRS spokesman Nathan Ackerman.

Typically, the telematics device is either free or of negligible cost to the policyholder, and the insurer usually handles installation for the driver. The device sends feedback to the insurance company on the policyholder's driving habits, and discounts are given accordingly. With CIRS, insurance shoppers can now estimate just how much they could be saving if they switched to a pay-as-you-go auto policy.

"Of course, a telematics pay-as-you-drive system is not ideal for all drivers, but a substantial portion of drivers could drastically cut their car insurance rates by installing the monitoring device. Now our visitors can see which category they fall into by requesting quotes on a pay-as-you-drive policy," said Mr. Ackerman.

Car Insurance Rates was established in 1997 and has grown to become a leading car insurance quote resource. For more information, visit: http://www.carinsurancerates.com.

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