In October 2018, Auto Club South Insurance Company (ACSIC) launched AAADrive™ Insurance Discount in Florida. The platform gives insurance customers the ability to view and receive a score of their driving behavior on their smartphones and earn potential discounts on their auto policy. This marks one of the first such smartphone-based telematics products to be approved by the Florida Office of Insurance Regulation.
This ground-breaking technology, powered by The Floow, is called AAADrive™ and is featured in the AAAMobile® app. The platform allows insurance companies to gather telematics-based data about driver behavior and more accurately predict risk. The benefit for drivers is improved driver safety and lower insurance premiums. Insurance customers who use AAADrive™ can earn up to a 30 percent discount on their insurance premium. [1].
“ACSIC is committed to helping to keep its customers safe,” said Anthony Ptasznik, Vice President and ACIA Chief Actuarial Officer, AAA – The Auto Club Group. “AAADrive™ will now reward our customers for their good driving behavior. This new technology is just one example of how AAA – The Auto Club Group continuously offers innovative solutions and outstanding benefits to our AAA members and customers.”
The core technology behind AAADrive™ is the FloowDrive platform, created by The Floow.
“The Floow has enjoyed a strong relationship with ACG since 2015, and this new launch is a continuation of that relationship,” said John Kramer, Vice President and Head of North American Operations, The Floow. “ACG was one of The Floow’s first U.S. based customers. We are proud to see our relationship grow through a program that supports our companies’ collective mission, which is to make drivers safer.”
[1] – Discounts vary by state and based on household participation in the program and safe driving behaviours. AAA members and insurance customers in Florida have access to their personal driving scores, coaching, monitoring and other valuable services via the app.
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