usage based insurance

Usage-based insurance could encourage better driving behavior: Study

Researchers at the University of British Columbia (UBC) recently conducted a study on usage-based auto insurance and found that the use of telematics to monitor driver behavior and to...


2016 Usage-based insurance (UBI) research results for the U.S. consumer market

Do your customers know about your UBI program? Only one in five customers are offered UBI—yet half of them end up enrolling. Executive summary Since 2010, LexisNexis Risk Solutions has investigated...


New Data Underscores How Common Distracted Driving Risks Have Become

With auto insurers increasingly worried about a spike in accidents related to distracted driving, results from a new study will only reinforce their fears. A little more than 52 percent...


Arbella Insurance Foundation Relaunches Anti-Distracted Driving Program

Arbella Insurance Foundation is relaunching its anti-distracted driving program, Distractology, updating training scenarios and committing to an additional five years. Introduced in 2010, the Distractology campaign features a 36-foot-long, mobile...


Insurance industry promoting ‘usage-based’ auto policies

Would lower rates for some, but probably raise them for others Americans are driving less, relying more on public transportation, car-pooling, ride-sharing, and telecommuting. Since 1983, the percentage of people with...


Telematics and Usage-Based Insurance

In the George Orwell book, 1984, the overriding theme was “Big Brother is Watching.” With telematics, science fiction is now closer to reality. Telematics is the branch of information...


Usage-based auto insurance: a new technological dawn?

With over 10% penetration of the auto insurance market, UBI product availability has already persuaded a substantial and growing number of U.S. drivers to allow their driving behavior to...


3 Examples of How Telematics Can Aid Insurance Claims Handling

While information derived from usage based insurance telematics hasn’t been fully utilized in the claims process, the benefits it can provide – consistency, efficiency and accuracy – offer a...