Ford and State Farm Partner to Reduce Insurance Costs

Ford Motor Co. in Dearborn and State Farm in Bloomington, Ill., today announced the launch of Drive Safe & Save Connected Car for customers with eligible connected Ford and Lincoln vehicles to enable usage-based insurance (UBI).
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Ford and State Farm announced a partnership to enable usage-based insurance on eligible Ford and Lincoln vehicles, allowing safe drivers to save money based on their driving habits. // Courtesy of Ford
Ford and State Farm announced a partnership to enable usage-based insurance on eligible Ford and Lincoln vehicles, allowing safe drivers to save money based on their driving habits. // Courtesy of Ford

Ford Motor Co. in Dearborn and State Farm in Bloomington, Ill., today announced the launch of Drive Safe & Save Connected Car for customers with eligible connected Ford and Lincoln vehicles to enable usage-based insurance (UBI).

State Farm will debut Drive Safe & Save Connected Car in Alaska, Idaho, Montana, and Oregon, for policies effective on or after Feb. 27, followed by a rollout across more states, excluding California, Massachusetts, and Rhode Island.

“Customers can better manage their car insurance premium because their rate will be more closely associated with their personal driving characteristics,” says Chris Schell, senior vice president of property and casualty at State Farm.

“Drive Safe & Save represents a significant auto discount opportunity, including an initial 10 percent participation discount off major coverages. Discounts average between 10 percent and 15 percent, with even higher discounts possible depending on individual driving behaviors.”

Eligible 2020 model year and newer connected Ford vehicles, with the consent of the vehicle owner, can share information directly with State Farm to enable the new program. The more customers improve their driving behaviors, the greater the insurance discount they may obtain.

“Connected vehicles have the potential to deliver great benefits to Ford customers, including the ability to help lower their car insurance premiums through good driving behaviors,” says Alex Purdy, director of business operations and enterprise connectivity at Ford.

“We’re excited about State Farm’s approach of using Ford’s built-in connectivity to offer Ford and Lincoln customers new ways to save money. This agreement further builds on our strong and long-standing relationship with State Farm to continue to deliver value for our mutual customers.”