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.
An estimated one third of vehicles will be connected by 2025.
Insurers have found that apps are a good starting point, but adoption may get easier as connected cars become more common.
Both captive and independent agents have opportunity to communicate the benefits of better driver risk monitoring.
Telematics measures the driver, while ADAS focus on the vehicle.