LOOP Uses Telematics To Create Fair Car Insurance Pricing
Shattering Bias
with LOOP
LOOP challenges the status quo in an industry often biased. We're committed to creating a fair, equitable, and transparent car insurance experience that bases its pricing on relevant factors to who you are as a driver.
Building Alignment with
Our Members
By signing up with LOOP, you're not just buying a policy, but becoming a part of a community committed to safety, fairness, and respect. You agree to our simple and reasonable "Rules of the Road," which help us provide fair prices for all our Members. This buy-in is an agreement between us and our members—you commit to driving responsibly, and in return, we can continue to provide you with competitive rates.
Rules of the ROad
Our fair pricing comes from an agreement between us and our members. If you become a LOOP member all you’ll need to do is follow these simple rules:
Keep your speed below 100mph and within 10mph of the posted limit (on average).
Keep your phone usage while driving to a minimum
(e.g., don’t text and drive).
When filling out your application for a policy, be accurate and honest (e.g., use the ZIP code where you live and don’t underestimate your annual mileage).
Your Mileage
Your driving frequency helps us measure risk exposure.
Your Location
The roads you regularly drive on allow us to evaluate environmental hazards.
Who's Driving
We check to see if you’re actually the person behind the wheel or if you’re just a passenger.
Your Phone Usage
Distracted driving is a concern—we keep track of this to keep everyone safe.
Your Speed
We monitor for dangerous speeding, specifically moments of going over 100mph.
The Time of Day
Risks on the road can vary depending on when you drive.
These data points help us create a fairer, more accurate assessment of your driving habits, resulting in superior service and personalized rates, unlike traditional practices which consider factors like credit scores.
LOOP & Privacy:
Your Data, Our Priority
At LOOP, we also understand the importance of your privacy. We guarantee that your data isn't shared with any third parties and is handled per our Privacy Policy and Terms and Conditions. As a LOOP member, you'll enjoy ongoing benefits like exclusive access to events, future offers, and timely alerts about weather and unsafe road conditions.
Why Choose LOOP?
Unlike other insurers that closely monitor your movements to increase your rates, LOOP identifies and eliminates reckless driving behavior. And we reward good drivers.We use the collected data for research and development, continually refining our rules and enhancing our rates to make our Members’ lives better.Join other Members today and become part of a company committed to fairness, transparency, and respect for its members. With LOOP, you're not just receiving a bill—you're gaining control over how you’re priced.
Already A LOOP Member?
If you’ve already signed up for a policy with LOOP, make sure you have our app downloaded (find us on the Apple App Store or Google Play Store) on your phone and app tracking turned on (if you need help logging in, check out this help center article).
If you aren't a LOOP Member, don’t miss out on a fairer rate!
