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InsideEVs
InsideEVs
Technology
Iulian Dnistran

Volvo Wants To Make You A Safer Driver—And Lower Your Insurance Bill

Volvo Insurance Behavior Volvo Cars Tesla Inc.
  • Volvo is taking a page out of Tesla’s book when it comes to car insurance.
  • The Swedish automaker is launching an optional app that monitors how a car is driven.
  • Available on 2020-and-newer Volvos, the Safety Coach app will come up with a safety score, which could be linked to special insurance rates.

Volvo is launching a new app that will monitor the driver’s behavior behind the steering wheel and come up with a safety score for the previous two weeks. That score will then be used for usage-based offers from insurance companies that have partnered with Volvo, so people who get high scores in the app have the potential to slash their insurance costs.

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