Telematics uses technology to track how people drive and how often they use their vehicles. In auto insurance, it’s the backbone of usage-based insurance, sometimes called pay-as-you-drive, ...
MALVERN, Pa., Dec. 1 (TNSres) -- The Insurance Research Council issued the following news release: More U.S. drivers are open to opting into usage-based insurance (UBI) programs to save on their auto ...
MALVERN, Pa., Aug. 25-- The Insurance Research Council issued the following news release: According to a new survey study from the Insurance Research Council (IRC), 80 percent of drivers who ...
Remember the days of thick policy binders and static premiums based on broad demographics? Those days are long gone, because auto insurance is shifting gears, thanks to a game-changer called ...
Telematics insurance programs depend on collecting detailed driver data, so transparency is key to earning customer trust. The 2021 Insurance Auto Telematics White Paper highlights that insurers ...
How telematics programs address personalized insurance needs According to Forbes Advisor, telematics-based insurance uses real-time driving data to personalize premiums. Insurers track things like ...