Ford Authority

Liberty Mutual Partners With Ford For Insurance Discounts

Not long ago, Ford announced that it would be offering all of its 2020 connected vehicle owners access to cheaper insurance rates with Nationwide using the embedded modem inside the vehicle. Lincoln announced that it would offer a similar program. Liberty Mutual Insurance has now announced that it is partnering with Ford to offer possible discounts to Liberty Mutual customers who drive connected Ford vehicles.

Liberty Mutual says that almost all 2020 connected Ford vehicles are eligible. The telematics program allows customers to save money on insurance rates based on their driving habits. The agreement will allow Liberty Mutual to evaluate the customer driving behavior using the FordPass Connect modem, eliminating the need for a plug-in device inside the vehicle or an app.

Liberty Mutual says that it is always looking for innovative solutions to meet and exceed insurance needs for its customers. The company says that it’s excited to extend its work with Ford to leverage the leading connected-car platform the automaker has in some of its vehicles. Ford’s Kari Novatney, COO of FordPass, says that connected vehicles have the potential to deliver greater benefits to Ford customers, including lower insurance premiums. Kari also said that Liberty Mutual’s program is an excellent example of what connected vehicles can offer consumers.

Liberty Mutual’s program doesn’t work in conjunction with Ford Insure, which is powered by Nationwide. Ford Insure allows users to register for new insurance through the FordPass app. The Nationwide program uses data from the vehicle modem rather than forcing the owner to plug a device into their car or install an app on their smartphone. It’s unclear exactly how registration with Liberty Mutual works at this time, presumably through an agent or via its website.

Subscribe to Ford Authority for around-the-clock Ford news coverage.

Source: Insurancebusinessmag

Shane is a car guy with a fondness for Mustangs and off-roading.

Subscribe to Ford Authority

For around-the-clock Ford news coverage

We'll send you one email per day with the latest Ford updates. It's totally free.

No Comments yet

Leave a comment