Mobiliz telematics technology tracks young driver behaviour and rewards them for good driving behaviour
With its exclusive program for 16 to 24 year old drivers, Mobiliz, a product from Industrial Alliance, offers competitive car insurance for young drivers. Â Mobiliz rewards up to 25% discount for those who adopt good driving behavior.
Mobiliz monitors young drivers’ driving behavior with the help of a telematics device provided and installed in cars for free. It monitors driving behavior on a weekly basis giving drivers the opportunity to improve driving behavior and ultimately saving money on their next premium.
Mobiliz has targeted 5 factors which influence the risk of having an accident. These criteria are used to determine how much discount you should receive on your monthly invoice.
Mobiliz telematics technology is a direct marketing innovation that has multiple benefits – it not only minimizes risks but also helps the insurer gather information that can be leveraged to sell more personalized products to customers in the future.
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