Ford and State Farm Collaborate to Offer Lower Auto Insurance Premiums - Hyundai Elantra Forum
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post #1 of 3 (permalink) Old 05-30-2012, 06:02 PM Thread Starter
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Ford and State Farm Collaborate to Offer Lower Auto Insurance Premiums



Ford, the nation’s No.2 automaker and the country’s leading insurer of cars, State Farm have joined hands to offer lower insurance premiums for drivers. State Farm insurance is expanding its Drive Safe and Save program using Ford SYNC technology. “We’re excited to have Ford as a partner in this effort,” said State Farm Senior Vice President Mike Wey. “State Farm is always looking for better ways to serve our customers.” The program allows State Farm customers with select SYNC-equipped Ford Motor company vehicles to reduce their auto insurance premiums by using the Vehicle Health Report feature to report their mileage.
The magnitude of savings depends on the number of miles driven. Customers interested in joining the program will initially save about 5 percent on their auto insurance coverage. The amount of premium savings will be determined at each renewal date based on the number of miles driven during that period. A national average of 1,000 miles per month will typically save around 10 percent but that could change depending on actual mileage driven, with low mileage drivers saving up to 40 percent. Ford SYNC is the leading industry in car connectivity system that provides drivers the ability to voice commands and control their mobile devices and provides services like 911 Assist and Vehicle Health Report. Vehicle Health Report is a feature that allows owners to get a diagnostic report about the vehicle’s performance and maintenance needs.
We’re very pleased to be working with State Farm to lower the cost of vehicle ownership for the three million Ford SYNC owners who are driving vehicles with the Vehicle Health Report feature,” said Doug VanDagens, Ford Connected Services global director. “SYNC Vehicle Health Report is free for the life of the vehicle, so our customers can qualify for insurance discounts without having to pay a monthly subscription.” State Farm’s Drive Safe and Save program for Ford SYNC will initially launch in Utah, then roll out to other states.
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post #2 of 3 (permalink) Old 06-05-2012, 04:40 PM
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Microsoft should not only be offering sync to Ford only. If they worked in other manufacturers as well it will not only benefit themselves but it would draw more attention and interests from consumers as well.
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post #3 of 3 (permalink) Old 06-06-2012, 12:53 PM Thread Starter
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Its sad to see that a big company like Microsoft would only pretty much collaborate with one single manufacturer. If they were to globalize their technology they can do even better. But sometimes i dont understand.
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