09 Nov, 2024
4 mins read

Usage-based Insurance Market to Reach US$ 200 Bn by 2027

Usage-based insurance refers to a type of auto insurance, which utilizes the in-vehicle communication systems to keep a track of driving behavior and mileage. Use of telematics systems gives precise and accurate feedback of the driving patterns and safety practices of the driver. Telematics refers to a method of vehicle monitoring, which combines on-board diagnostics […]

5 mins read

Automotive Usage Based Insurance Market Forecast and Growth 2019–2027| Vodafone Automotive, Liberty Mutual Insurance Company, Allianz SE

Black box is expected to dominate the Automotive Usage Based Insurance Market in 2027 Latest market study “Automotive Usage Based Insurance Market to 2027- by Technology Fitted (Smartphones, Black Box, and Dongles); and Policy Type (Pay-As-You-Drive and Pay-How-You-Drive) – Global Analysis and Forecast”. The Automotive Usage Based Insurance Market is estimated to reach US$ 105.12 Bn […]