Personalizing the insurance experience. One of the biggest disruptions in the insurance industry is the move toward in-vehicle data collection by original equipment manufacturers. (Photo: Shutterstock)

The hyper-connected cars of today not only provide amenities like internet access, onboard entertainment and turn-by-turn navigation to drivers and passengers — they offer a wealth of data that is drastically reshaping the auto insurance landscape. As technology improves and driving data becomes increasingly accurate, usage-based insurance (UBI) policies are gaining popularity.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.