Money: Can Using a Monitoring App on Your Teen Driver Save You Money on Insurance?

Privacy concerns: Despite the potential savings, consider the privacy issues. The Electronic Privacy Information Center (EPIC) recommends that consumers be cautious before signing up for telematics devices or mobile apps. Carefully read the program terms and conditions, and review how the data is used (and shared). 

“There is always a risk that your data could be siphoned off and made available to other companies, and we see such a steady drumbeat of stories about data breaches,” John Davisson, senior counsel and director of litigation at EPIC said in a press release.

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