Should Your Driving Record Impact Your Homeowner's Insurance?

You don’t need a driver’s license to own a home. You don’t need to own a home to drive a car. But Allstate insurance has launched a product in Oklahoma that looks at policyholder’s driving records when determining their homeowner’s insurance rates.

Allstate introduced House & Home late in 2011, and for the first time the insurer is using customers’ driving records to figure how much of a risk they might be around the house.

“There is a strong correlation between auto-loss history and the likelihood of covered homeowners losses,” an Allstate rep tells the Chicago Tribune. “Allstate’s new homeowners product recognizes this correlation and rewards customers with good auto-loss histories with lower homeowner rates.”

So we wanted to see if you think there is a relationship between one’s driving ability and the likelihood that they will file a homeowner’s claim at some point:


Allstate using driving records to set homeowners’ rates in Oklahoma [Chicago Tribune]