Nationwide and Toyota have partnered to help acquire usage-based insurance customers using the carmaker's connected vehicles.
Buyers of model year 2018 to 2020 cars with the Toyota Communications Module who buy a Nationwide SmartRide policy get an immediate 10% discout once they opt into sharing their data. It's currently avaiable in Arizona, Ohio and Texas.
Branded as TIMS (Toyota Insurance Management Services) BrightDrive, the companies say that the program will help all parties by making it easy to get usage-based insurance with credible, vetted data directly from the car.
"Consumer expectations for insurance solutions that are fast, simple and add value continue to grow," said Nationwide CEO, Kirt Walker. "Nationwide and Toyota believe that customers should benefit from their personal data. We are excited to partner on the introduction of a new solution that will make the process even easier."
