ISO announces that it has filed its first vehicle telematics-based rating rule in 33 states and received approvals in 19 states. The optional GeoMetricrating rule for personal and commercial automobiles uses information collected via telematics to award discounts for vehicles operated in areas safer than where they are garaged.

Using patent-pending systems and methods developed by ISO, the rule assesses the risk of an insured vehicle based on actual driving locations while respecting the privacy of the insured. ISO is a member of the Verisk Insurance Solutions group at Verisk Analytics.

The GeoMetric rating rule uses a set of advanced predictive modeling tools called ISO Risk Analyzer. The environmental module of ISO Risk Analyzer considers hundreds of variables related to where people live, work, and drive to measure the risks posed at each geographic location.

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