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.
Eleven monitoring areas are the most consistently employed.
Nearly every large auto carrier has some form of telematics program in effect.
Advanced Driver-Assistance Systems, commonly known as ADAS, brings together hardware and software for safety monitoring and feedback.
Insurers are tailoring usage-based programs for segments such as teen drivers and other specific consumer types.