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THE USAGE-BASED AUTO INSURANCE REPORT: How innovative insurers are using IoT to transform auto coverage

Por: Business Insider Business December 05, 2020

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Usage-based insurance (UBI) is personalizing the previously impersonal business of auto insurance. This business model — also known as pay-per-mile, pay-as-you-drive, or pay-as-you-go policies — enables insurers to charge customers per mile they're driving or based on their driving behavior, rather than demographic information. The UBI market is expected to grow significantly over the next few years. Business Insider Intelligence The... + full article



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