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The average American commutes 54 minutes each workday and spends $3,900 in fuel and wear and tear costs annually.
Vehicle automation should concern insurers as it leads to increased driver disengagement.
Investigating, documenting and communicating insurance coverage to policyholders are just part of the claims process.
As insurers begin to realize initial benefits from telematics implementations, additional return on investment becomes even more viable.
The six most expensive moving violations cost drivers an average of $1,000 a year in rate hikes.
Changing customer expectations highlight the need for insurers to be agile in adapting and implementing new technology.
Many drivers disable the anti-accident features in their cars, trucks or motorcycles because they say the tech is annoying or distracting.
Auto insurance customers are increasingly choosing insurers that offer convenience and value, according to a J.D. Power study.
Insurance carriers often ask: 'What is the most important thing we should do with telematics?'
NU Property & Casualty magazine's annual Top 100 and Heads of Lines segment uses premium data provided by S&P Global Market Intelligence.
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