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Thursday, 27 February 2020 18:25

Nationwide Teams up with Toyota, Ford, Lincoln to Offer Insurance Featuring Telematics Solution


Nationwide, along with Toyota, Ford and Lincoln, recently announced partnerships to offer customers insurance options at a potential large discount, based on data collected by their connected vehicles about their driving habits.

Nationwide and Toyota Insurance Management Solutions (TIMS) have teamed up to launch TIMS BrightDrive, simplifying the purchasing process while rewarding customers for their safe driving. 
Ford Insure and Lincoln Motor Company Insure, powered by Nationwide, now offer a simple and convenient way to secure usage-based insurance coverage through Ford Motor Credit Company’s licensed insurance agency.
Drivers of all three makes can be eligible for up to a 40% discount on their insurance.
TIMS BrightDrive uses driving data collected from the connected Toyota vehicle to provide a discount based on the customer’s driving behavior. 
Toyota customers who purchase an auto insurance policy and opt-in to share their driving data will automatically receive an initial 10% SmartRide participation discount. 
Upon completing the collection of driving data for 90 days, customers can earn up to a 40% final discount. 
“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.”

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