Nationwide has rolled out a new telematics option for its customers.
SmartRide Mobile, an extension to the company's existing dongle-based SmartRide program, is powered through a partnership with LexisNexis Risk Solutions for the mobile technology.
Nationwide's program allows members to save an average of 10% at signup and up to 40% after six months of driving with no penalty. Nationwide has deployed the program in 25 states so far, the company said.
“We are 100% dedicated to bringing the most innovative solutions to our members,” said Larry Thursby, VP of property & preferred auto product/pricing at Nationwide. "By adopting telematics solutions from LexisNexis, we are providing yet another avenue for our members to take charge of their rates and become the best and safest drivers they can be."
LexisNexis’ telematics program contains data collection and storage and processing capabilities as well as a dashboard presentation so drivers can check their progress. Additionally, the software’s advanced analytics help provide specific driver feedback.
Nationwide has also partnered with LexisNexis to provide a mobile app option where future participants can sign up. The offering is only available in Arkansas for the time being, but Nationwide plans to roll it out in other states by year’s end, it said.
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