Keep that Old Car Around!

There's some pretty sweet devices out there now-a-days for car insurance companies that benefit consumers as well. The first is from Progressive, which I am in no way endorsing... I just happen to like this particular road they've visited, pun intended. They call it MyRate, and the name fits well. Not only does this device install easily, it could lower a drivers insurance tremendously. It records miles driven, miles during high-risk times, and aggressive acceleration and deceleration. You just plug it into your car's diagnostic port under the console/dash (note: your car must be 1996 model or newer). There's a few bad things about it though. One, your rates could go up if you drive a lot or say... break erratically. Two, you must be (as this date) in the following states: Alabama, Louisiana, Maryland, Michigan, Minnesota, New Jersey, and Oregon. Three, your state might charge a 30 dollar technology charge for some reason.

I thought it was interesting. You can visit the site here: MyRate