Ford Motor Company and State Farm Insurance have announced that drivers who allow their Sync equipped vehicle to report actual in use mileage could have their auto insurance premiums reduced by as much as 40%.
This extension of State Farm’s Drive Safe & Save promotion allows customers with Sync-equipped vehicles to reduce their auto insurance premiums by using the Vehicle Health Report feature to report their mileage.
The amount of discount will be determined by the number of miles driven. Those choosing to enroll in the program will initially save about 5% on their auto insurance coverage. The amount of premium savings will be determined at each renewal date – every six months – based on the number of miles driven during that period. Those driving the national average of 1,000 miles per month will typically save around 10%, but that could change depending on actual mileage driven, with low-mileage drivers saving up to 40%.
Since the so called Vehicle Health Report obtains the odometer reading directly from the engine computer, the mileage from the report is considered verified and can be shared with State Farm representatives to qualify the vehicle for Drive Safe & Save. The auto insurance program will initially launch in Utah then roll out to other states.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
