Insurance companies all around the globe are embracing telematics – the integration of telecommunications, vehicle technology, computer science and electrical engineering. Telematics systems help ...
For years, commercial trucking insurers have encouraged fleets to participate in telematics programs by offering premium discounts in exchange for access to electronic driving data. Programs that once ...
Recently, I’ve been shopping around for new car insurance when an agent offered me a discount if I installed the company’s telematics trackers. Car insurance telematics trackers are devices that ...
Telematics uses technology to track how people drive and how often they use their vehicles. In auto insurance, it’s the backbone of usage-based insurance, sometimes called pay-as-you-drive, ...
Maryland lawmakers are targeting usage-based insurance options in order to protect Maryland drivers. State Sen. Alonzo Washington introduced legislation in January that would regulate how car ...
Remember the days of thick policy binders and static premiums based on broad demographics? Those days are long gone, because auto insurance is shifting gears, thanks to a game-changer called ...
Car insurance didn't always come standard with a set of keys. What started as a niche product in the early days of motoring has become a legal and financial necessity for nearly every U.S. driver.
A proposal moving through the California Legislature could change how auto insurance companies calculate premiums. The ...
Insurance is the biggest expense for gig companies, according to a recent update. Uber says its insurance costs “are roughly 10% of its gross bookings, exceeding $11B in 2022. Insurance-related costs ...
The UK Government has set up a new multi-agency task force to try and tackle the spiraling cost of motor insurance. Ministers from the Department of Transport and the Treasury are bringing together ...