Usage-Based Auto Insurance Picking Up Speed
Connect with us
Close Sidebar Panel Open Sidebar Panel

News

Usage-Based Auto Insurance Picking Up Speed

IHS Automotive predicts that 142 million customers will sign up globally for the telematics-infused policies by 2023, up from almost 12 million in 2015.

Advertisement

A new industry analysis from IHS Inc.’s IHS Automotive asserts that usage-based auto insurance will explode globally in the next seven years, reported Insurance Journal.

Click Here to Read More
Advertisement

IHS Automotive predicts that 142 million customers will sign up globally for the telematics-infused policies by 2023, up from almost 12 million in 2015.

Usage-based auto insurance relies on a telematics system inside the vehicle that captures real-time info about how a driver fares and the road and the risks encountered along the way.

Click here to read the full story.

Advertisement
Click to comment
Connect
BodyShop Business