How Next-Gen Telematics and Vehicle Build Data are Driving Better Risk Assessment for Auto Insurers
As devices become smarter and more sophisticated, the amount of information they provide is rising dramatically.
Insurers are tailoring usage-based programs for segments such as teen drivers and other specific consumer types.
Telematics measures the driver, while ADAS focus on the vehicle.
Insurers have found that apps are a good starting point, but adoption may get easier as connected cars become more common.
Nearly every large auto carrier has some form of telematics program in effect.
