TD MyAdvantage is a usage-based insurance savings program that is 100% voluntary and free. The safer you drive, the more you could save!
The program collects and analyzes driving data such as acceleration, braking, speeding, cornering, and time of day, and assigns a driving score for each trip.
Enrolling in the plan is easy. Call a TD Insurance Advisor and let them know you wish to participate in the program and then follow these three steps to receive a discount of up to 5%:
- Download the TD MyAdvantage app
- Activate the app on your mobile device within 15 days
- Keep recording your trips using the app to keep your discount
It's that simple.
When it's time to renew your policy your average score is used to calculate a discount on your premium of up to 25% which will be applied at the time of your policy renewal. To be eligible for the discount, you need to use the app for at least 120 days, and your app must record 1,000 kms or more. The driving data collected by using the TD MyAdvantage app will not be used to increase your premiums. Premiums are otherwise subject to change in the normal course of insurance business operations and the discounts will be applied against those changes, if applicable.
To learn more about the program call us at 1-866-223-1030
Conditions and restrictions apply.