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.
Industry insight: Insurance telematics
Industry insight: Telematics and data
Insurance Telematics USA 2014