What You Need to Know About Auto Insurance Telematics

Auto insurance telematics are becoming a tool that many insurance companies offer to help you reduce your auto insurance rates. The telematic device tracks your driving, allowing an insurance company to see whether you speed, where you frequently drive, and whether you slam on your brakes often. Here at West Texas Insurance Agency, serving the Amarillo, TX area, we are often asked about telematic devices. Here is some information drivers should know about them. 

Can You Be Required to Use Auto Insurance Telematic Devices?

By law, auto insurance companies cannot require you to use auto insurance telematics devices if you do not want to. However, they can increase your rates if you elect not to use one or offer money-saving incentives to try to get you to use one. 

Should You Use Auto Insurance Telematic Devices?

Unfortunately, there is no right or wrong answer to this question. The information that is gleaned from the device may cause your rates to increase or decrease. The insurance company will get an insight into how you drive. If you speed often, using one of these devices may not be ideal for you. However, if you are a safe driver who abides traffic laws, one of these devices may be a good idea for you. There are also privacy concerns with the devices, so ultimately, the decision is up to you. 

There are pros and cons to using auto insurance telematics devices. If you are looking for an insurance policy and want to learn more about these devices in the greater Amarillo, TX area, West Texas Insurance Agency can help you. Contact us today to schedule an appointment to discuss how we can help you.