A Type of RFID Chip for Car Insurance
Progressive, a car insurance company in the US are now offering a type of RFID to their customers, even though they don’t call it that but essentially thats what this technology is. The insurance company will install a chip into your car that will monitor your driving habits and is suppose to reward drivers who don’t use their vehicles as often or during safe times . If you drive during so called “safe” driving times your insurance rate will decrease. But if you drive to often or during unsafe times your rates will increase.
