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Adopters of Usage-Based Insurance

Friday, June 06, 2014

Personal auto carriers are quickly approaching a moment of truth when it comes to usage-based insurance. Early adopters of UBI have gained a wealth of experience and insights that stand to provide a long-lasting competitive edge against insurers that have not followed technological trends.

Telematics trailblazers have been collecting massive amounts of data that can reveal driver behaviors, providing a basis for greater precision in underwriting and pricing.

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