Anyone have experience with Intact's myDivingDiscount?

"Smallbear wants a modern Syclone, local Maple Leafs spammer" (smallbear94)
09/02/2015 at 12:30 • Filed to: None

Good for 10% enrollment discount, and 5-25% upon renewal. Probably 5% for me. Some say they just bump up your base rate and then apply the discount, so you end up driving like a granny for nothing. On the other hand, 10% straight up.

How do they actually work? Accelerometers/GPS, or does it tie directly in to the wheel speed sensors?

DISCUSSION (8)

Wacko > Smallbear wants a modern Syclone, local Maple Leafs spammer
09/02/2015 at 12:36

I always said if you can’t beat them join them, so since 2010 I work for an insurance broker firm, that is owned by Intact. So I got rebates over rebates, and after all that I get 10% back per year. I for one don’t have that on my car, I drive over the limit and I pass everything that is less than 20 over the limit. But we did install it on my wife’s car, since does under about less than 10000 kms a year on her car. I can go get all the info your broker didn’t give you if needed.

GTI Sprinks > Smallbear wants a modern Syclone, local Maple Leafs spammer
09/02/2015 at 12:39

Not sure about intact but i’ve read a little bit about Progressive’s. They take into account when you drive (i.e. driving after midnight), acceleration/deceleration, how far you drive, how short you stop, etc. I imagine it’s broad spectrum combination of accelerometer/GPS/OBD. It’s not a bad idea, but i didn’t pursue it as i do occasionally take roadtrips that end up with me driving back after midnight.

Smallbear wants a modern Syclone, local Maple Leafs spammer > Wacko
09/02/2015 at 12:40

Apparently they don’t consider the actual speed you drive, just rate of acceleration/deceleration. Though they say that and probably bump your base rate up if you go over.

If you have the specific info about how it works that would be great, thanks. What broker are you working for?

Smallbear wants a modern Syclone, local Maple Leafs spammer > GTI Sprinks
09/02/2015 at 12:42

I’ve heard some pretty bad things about progressive’s setup. That’s one of the reasons I’m asking.

Thanks for the input.

Wacko > Smallbear wants a modern Syclone, local Maple Leafs spammer
09/02/2015 at 12:57

5. What factors are taken into consideration in calculating the discount?

Three main factors are considered in determining the amount of my Driving Discount: hard braking, rapid

acceleration, and the time of day the vehicle is driven. These factors are used to calculate a ratio in relation to the

total number of kilometres driven.

Hard Braking

Hard braking increases the risk of being involved in an accident. The system determines a risk factor for hard

braking by calculating the ratio of hard braking events to total km driven. A hard braking event is defined as any

decrease of speed by 12 km/h or more in less than one second.

Rapid Acceleration

Rapid acceleration increases the risk of being involved in an accident. The system determines a risk factor for

rapid acceleration by calculating the ratio of rapid acceleration events to total km driven. Rapid acceleration is

defined as any increase of speed by 12 km/h or more in less than one second.

Time of day

Driving at night (between 12 a.m. and 4 a.m.) increases the risk of being involved in an accident. Many elements,

such as reduced visibility and fatigue, make this time of day the riskiest. The system therefore uses the times of

day when the vehicle is driven to determine a personalized night-time driving factor. The less the vehicle is used

at night, the higher the discount can be.

Wacko > Smallbear wants a modern Syclone, local Maple Leafs spammer
09/02/2015 at 13:01

That’s all I can Find so far. I can ask one of my agents/broker If they know anything else.

(I am not a broker myself, I just play one on TV... No I’m the IT/everything guy)

Smallbear wants a modern Syclone, local Maple Leafs spammer > Wacko
09/02/2015 at 13:01

Thanks.

Smallbear wants a modern Syclone, local Maple Leafs spammer > Wacko
09/02/2015 at 13:04

Oh I get it :)