UBI pricing: Reality or fantasy? Part II

Précis:

Do insurance companies really have enough driving data to justify pricing and risk rating for usage-based insurance? Or are they guesstimating? In the second of a two-part series, Susan Kuchinskas investigates.

The profit question

One of the big, unanswered questions about usage-based insurance is whether insurance carriers will ultimately be more profitable than – or even as profitable as – providers of traditional motor vehicle insurance.

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Image:

Primary Event:

Insurance Telematics USA 2014

Premium`:

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