I’ve written before about special insurance policies, and helpful insurance company products, for teenage drivers. I’m not endorsing anything, but I do think it’s interesting to see the direction some insurance companies are taking.
Safeco Insurance offers “Teensurance” products that include a GPS system so the parents can track their child’s driving. Here are some excerpts from Safeco’s site:
Letting your teen drive without you is an important step, but can be stressful for you as a parent. The Safety Beacon Convenience and Protection System uses a professionally installed GPS-based vehicle monitoring device that delivers real time notifications to help keep you aware of the habits of your new driver. Safety Beacon also allows your teen to show you they can act responsibly and earn your trust.
Stolen Vehicle Retrieval Support
The Safety Beacon alarm feature can alert you if your vehicle is moved unexpectedly. If you need to report the car stolen, an operator will locate the vehicle and work with police to retrieve it.
Remote Door Unlock
Locking your keys in your car can happen to anybody, but it can also leave your teen in an unsafe situation. With Teensurance, all it takes is a phone call to get back in the car.
To help your teen build safe habits, you can set a safe speed threshold and receive a notification when the car exceeds that threshold for more than 30 seconds.
See your vehicle’s location, direction, and speed in real time on a map.
Safe Driving Zones
Many parents want their teens to stay relatively close to home in the first months while they practice their new driving skills. This function allows you to set a perimeter for your teen to stay within. Whenever the vehicle goes outside your preset boundaries, you’ll be notified instantly.
Arrival and Departure Notifications
Your teen was heading to a friend’s house across town; how can you be sure he made it there all right? With the Safety Beacon, you can know your teen arrived safely, even when they forget to check in.
Driving Curfew Reminders
Receive an email or phone message if your vehicle is operating outside the times you’ve agreed to with your teen.