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insuranceQuotes and Quadrant Information Services examined the average economic impact annual miles driven has on the cost of auto insurance.

insuranceQuotes and Quadrant Information Services examined the average economic impact annual miles driven has on the cost of auto insurance.

A vehicle equipped with this technology will automatically integrate the driving behavior data into the LexisNexis Telematics Exchange to automate and expedite the reporting process.

A telematics data exchange has the potential to accelerate innovation in usage-based insurance by making the exchange of driving data more convenient for drivers, insurers, and automakers.

The needs and desires of auto manufacturers and insurance companies have been converging for a while, but it took automotive telematics to help bring the two industries into alignment.

The needs and desires of auto manufacturers and insurance companies have been converging for a while, but it took automotive telematics to help bring the two industries into alignment.

Until now, U.S. insurers haveintentionally restricted the impact of their telematics programs by holding riskier drivers harmless. Insurers told policyholders entering into their telematics programs that their premium could only go down or remain the sameeven if the telematics device revealed driving behavior that actually warranted a higher premium.

New technology is changing the auto insurance landscape.