Toyota Insurance Management Solutions teams up with Progressive Insurance to offer insurance discounts for qualifying customers
Progressive Insurance and Toyota Insurance Management Solutions (TIMS) are partnering to provide owners of connected Toyota vehicles with an opportunity to seek insurance discounts from Progressive.
Toyota owners who consent to share driving data from vehicles equipped with Toyota data communication modules will have the opportunity to share their information with Progressive for a potential discount on their auto insurance. This benefit extends to any Toyota customer who purchases a 2018 or newer Toyota Camry, RAV4 or other vehicle model equipped with the latest connected vehicle technology.
Eligible Toyota customers have the ability to enroll in connected services at the point of purchase, through the Toyota Owners website and soon through a new Toyota mobile application. Once enrolled, data is collected that the owner can later consent to share with Progressive for a potential discount on their auto insurance.
“We think this is a great opportunity to empower Toyota owners with their driving data to improve the Toyota ownership experience by offering the potential to save on auto insurance,” said Will Nicklas, Toyota Insurance Management Solutions, VP, Corporate Strategy.
At this time, the following Toyota models can share data for Usage Based Insurance: most trim levels of the 2018 Camry, 2018 Sienna, and 2019 C-HR, and all trim levels of the 2018 Mirai, 2019 Avalon, 2019 Camry, 2019 Corolla Hatchback, 2020 Corolla Sedan, and 2019 RAV4 models.
“We’re excited to work with Toyota on this new program,” said James Haas, Business Leader, Usage Based Insurance, Progressive. “By giving Toyota customers the opportunity to share their data with Progressive for a potential discount on their auto insurance, we can lower the cost of ownership for their new car and make it easier for them to participate in Snapshot.”
Coming soon, more models will have the advanced technology to share data for Usage Based Insurance.
Footnote: Toyota Insurance Management Solutions USA, LLC (TIMS) is a licensed insurance agency in all states and DC. TIMS is a DE-domiciled LLC with its principal place of business at 1025 W. 190th St. Ste. 222, Gardena, CA 90248. TIMS operates under the name Toyota Insurance Management Solutions, LLC and license # 0L46875 in CA, and operates under the name Toyota Insurance Management Solutions Agency and license # 1494294 in NY.
Footnote: Auto insurance is provided and serviced by Progressive Casualty Ins. Co. & its affiliates, Mayfield Village, OH, and in Texas by Progressive County Mutual Ins. Co., Austin, TX.