Great question! As a Usage-Base Insurance company, LOOP is revolutionizing the industry by measuring only what matters: Where you drive and How you drive!
We do not use your driving data in our initial pricing. We start everyone out assuming they're an awesome driver! Upon renewal, we'll use the driving data to help us price your policy accurately. As such, the price of your premium is equal to how safely you drive. Your driving makes up roughly 35% of your score in the LOOP program. The safety of the roads around you, and other relevant criteria make up the rest.