How Next-Gen Telematics and Vehicle Build Data are Driving Better Risk Assessment for Auto Insurers
Insurers have found that apps are a good starting point, but adoption may get easier as connected cars become more common.
An estimated one third of vehicles will be connected by 2025.
Advanced Driver-Assistance Systems, commonly known as ADAS, brings together hardware and software for safety monitoring and feedback.
Nearly every large auto carrier has some form of telematics program in effect.
Insurers are tailoring usage-based programs for segments such as teen drivers and other specific consumer types.
