State Farm®, Ford Come Together to Improve the Safety and Overall Cost of Vehicle Ownership
Successful Completion of Pilot Saved Customers with certain ADAS features up to 20% off Insurance
Jun 29, 2021 | DEARBORN, Mich.As vehicle technology and safety systems continue to evolve, State Farm and Ford are working together for the benefit of their shared customers. State Farm and Ford completed a yearlong pilot project in which the companies shared vehicle build data to better understand how certain safety features impact claims.
The exchange of information lowered the overall cost of vehicle ownership for many of the companies’ shared customers by better matching price to risk. Insurance rate adjustments were made in the first half of 2021, with savings of up to 20%.