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Car insurance monitoring

CREATED Jun. 26, 2012

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Do you tend to drive a little too fast? If you have bad driving habits, you may not like the changes coming to may car insurance companies.

The Wall Street Journal says more and more insurers are rolling out discounts for good drivers, if you agree to let them monitor your driving.

Progressive calls it "Snapshot." At State Farm it's "Drive Safe and Save." And Allstate calls it "Drive Wise." To get a discount, you need to install a device that monitors your habits. The programs are strictly voluntary.

But you could pay higher rates if they find you rack up too many miles, drive late at night, drive too fast or are too hard on your brakes.