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Smart Drive Canada
Information by Research TrustFinance
Smart Drive Canada provides a telematics-based program for the auto insurance sector. By installing a small device in their vehicle, customers allow their driving data (such as speed, acceleration, braking, and time of day) to be collected and analyzed. This data is used by participating insurance partners to offer personalized insurance premiums, rewarding safe drivers with potential discounts. The program, powered by technology from IMS (Intelligent Mechatronic Systems), aims to promote safer driving habits while helping consumers reduce their insurance costs through a pay-how-you-drive model.
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