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Liberty partners Ford on Connected Vehicle UBI
- March 5, 2020
Boston-based Liberty Mutual Insurance is working with car maker Ford to offer driving discounts to customers who drive a Ford connected vehicle, providing discounts on their auto insurance based on safe driving. The new agreement is part of Liberty Mutual’s Mobility initiative to introduce new technologies. The new offering will provide customers with evaluation of their driving behaviour through FordPass Connect eliminating the need for a plug-in device.
The Connected Vehicle Program is designed to provide a seamless, incentive-based insurance experience for customers powered by connected car data. It also represents an extension of Liberty Mutual’s existing partnership with Ford which spans three decades and insures both personal and commercial business globally.
“Connected vehicles have the potential to deliver great benefits to Ford customers, including the ability to help lower their car insurance premiums,” said Kari Novatney, COO FordPass. “Liberty Mutual’s programme is an excellent example of what connected vehicles can offer, and using data to help people save money is another way Ford is committed to improving the customer experience.”
“At Liberty Mutual, we are always looking to provide innovative, new solutions to meet and exceed our customers’ evolving insurance needs,” said Nicholas Grant, Vice President and Manager, Product Technology Solutions, at Liberty Mutual Insurance. “We’re excited to extend our work with Ford to leverage its leading connected car platform to bring this technology to more drivers and put our customers in the driver’s seat of their own insurance experience.”
“Liberty is committed to deep partnerships across mobility partners including many OEMs to support their customers’ insurance needs of today and in the future,” said Kara Shipulski, Vice President, Strategic Partnerships Group. Now, nearly all 2020 model year Ford connected vehicles can reward Liberty Mutual customers.