Many believe that auto insurers only depend on a few factors to determine premiums—such as occupation, education, and credit score. But Zendrive has introduced a new way to help improve one’s driving skills and possibly reduce premiums in the process.
With today’s digital capabilities and AI-powered experience, it’s making it easier than ever for insurers to use purpose-built solutions built to help provide more accurate, and more fair, assessments of driver risk. That’s where Zendrive comes in. This new platform helps insurers identify safe drivers based on actual driving behaviors to help deliver more precision and transparency to insurance pricing.
You can activate your Driver Score in the MoneyLion app, where it assesses your driving for about a month while giving you personal feedback to help you improve and increase your chances of earning a discount. After gathering enough data points, you could then receive an offer for a lower premium—all while making the roads safer for everyone on them.
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Disclaimer:
This material is for informational purposes only and should not be construed as financial, legal, or tax advice. You should consult your own financial, legal, and tax advisors before engaging in any transaction. Information, including hypothetical projections of finances, may not take into account taxes, commissions, or other factors which may significantly affect potential outcomes. This material should not be considered an offer or recommendation to buy or sell a security. While information and sources are believed to be accurate, MoneyLion does not guarantee the accuracy or completeness of any information or source provided herein and is under no obligation to update this information. For more information about MoneyLion, please visit https://www.moneylion.com/terms-and-conditions/.
MoneyLion is not a licensed insurance provider and does not engage in the “selling”, “solicitation,” or “negotiating” of insurance within the meaning of applicable state law. All insurance quotes, products and/or policies are offered through third-party affiliates that are licensed insurance brokers and/or providers
By activating MoneyDrive powered by Zendrive you understand and agree that MoneyLion will be collecting and sharing information about your geolocation and driving habits (and confirm the geo data is passed to ZenDrive) with ZenDrive to help determine your MoneyDrive safe driving score. You also agree to the “terms and conditions” and “privacy policy.”
