How Next-Gen Telematics and Vehicle Build Data are Driving Better Risk Assessment for Auto Insurers
Nearly every large auto carrier has some form of telematics program in effect.
An estimated one third of vehicles will be connected by 2025.
Eleven monitoring areas are the most consistently employed.
Both captive and independent agents have opportunity to communicate the benefits of better driver risk monitoring.
Insurers are tailoring usage-based programs for segments such as teen drivers and other specific consumer types.
