Pay-as-you-go auto insurance is breaking through globally, starting in the United Kingdom. This behavior based insurance works by insurance companies using telematics devices to measure various consumer behaviors while driving. This helps the insurance company to properly gauge insurance rates for its clients.
This type of insurance is a really cool phenomenon. Being held accountable for everyday actions while driving will inevitably make the roads safer. It's so easy to lose track of how fast you go when you don't have a constant reminder to be mindful. These devices also provide safer driving tips to the individuals who on the car.
This new technology seems like it will be popular and hopefully will be available to the US in the near future.
For more information, check out:
http://www.connectedworldmag.com/latestNews.aspx?id=NEWS101215065232850
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment