How Next-Gen Telematics and Vehicle Build Data are Driving Better Risk Assessment for Auto Insurers
Insurers are tailoring usage-based programs for segments such as teen drivers and other specific consumer types.
Nearly every large auto carrier has some form of telematics program in effect.
As devices become smarter and more sophisticated, the amount of information they provide is rising dramatically.
Telematics measures the driver, while ADAS focus on the vehicle.
Both captive and independent agents have opportunity to communicate the benefits of better driver risk monitoring.