Register your Blog
( What is this? )
I Home I More views Today I xxx I xxx I xxx I xxx I xxx I Register your Blog I
 

What Are Insurance Companies Doing With All That Telematics Data"

-
cars motorbikes f1 motogp quads News
Add to Flipboard Magazine. Fuente: automoblog - View all news from this site
What Are Insurance Companies Doing With All That Telematics Data" What Are Insurance Companies Doing With All That Telematics Data"

What Are Insurance Companies Doing With All That Telematics Data"






Today, nearly every major insurance provider in the United States features its own telematics program. These programs, which use the Global Positioning System (GPS) and other technologies to monitor policyholders’ mileage and driving habits, typically promise big savings on insurance policies. Insurance companies share that they can provide those savings because consistently practicing safe driving habits reduces a driver?s risk of an accident, and telematics data provides evidence of those habits.

While it?s hard to argue with that reasoning at face value, these programs ? also known as usage-based insurance (UBI) ? work by collecting massive amounts of user data. Insurance companies use this data to calculate new rates for policyholders, often on a rolling basis. But is that all they use the data for"

The Use of Telematics Systems is on the Rise

Progressive first began experimenting with UBI programs in the 1990s, but it wasn?t until smartphones started to become ubiquitous that the programs took off. Having smartphones with built-in GPS systems, gyrometers, accelerometers and other technologies in cars with drivers gave insurance companies an opportunity to monitor the habits of their policyholders.

Download  .locker,.locker-loader{position:absolute;top:0;left:0;width:100%;height:100%}.locker{z-index:1000;opacity:.8;background-color:#fff;-ms-filter:"progid:DXImageTransform.Microsoft.Alpha(Opacity=80)";filter:alpha(opacity=80)}.locker-loader{z-index:1001;background:url(https://www.automoblog.net/wp-content/plugins/visualizer/images/ajax-loader.gif) no-repeat center center}.dt-button{display:none!important}.visualizer-front-container.visualizer-lazy-render{content-visibility: auto;}.visualizer-editor-front-container{position:relative;width:auto;margin:5%;background:#fff}.visualizer-editor-front{overflow:hidden;width:100%;height:500px}.visualizer-editor-front-actions{padding-bottom:3px}.visualizer-editor-save,.visualizer-editor-cancel{margin:0 4px;padding:2px 15px}
Sales of telematics systems grew from 4 million in 2010 to 16.3 million in 2020, a nearly 308% increase in just a decade. Such a rapid and dramatic increase in the sales of these programs suggests that they have become a significant insurance product.

Telematics Programs Collect Large Quantities of Data

The nature of UBI programs requires them to collect data constantly. As a result, insurance companies hold the keys to a massive amount of data about their policyholders. That data isn?t limited to how fast someone drives, for example. Telematics programs track a range of user behavior and other data, including:

Braking habitsAccelerationPhone usageCornering speedTime of day

It?s also possible that companies could collect other types of data tangentially related to driver safety ? or perhaps already do. The weather at the time of driving, for example, could be one factor. Location data could also be part of the dataset collected by t...
articulo visto
0
veces, esta semana
What Are Insurance Companies Doing With All That Telematics Data" What Are Insurance Companies Doing With All That Telematics Data"

facebook:
twitter: https://twitter.com/motorlifestylee

Source of news: automoblog
Source of publication: 22-09-2022 21:31
visto: 0

If you liked this article you might be interested in these..

------------------------------------------------------------------------------------------------------------
Recommended Video section of our cars motorbikes f1 motogp quads Videos - Watch More Videos in cars motorbikes f1 motogp quads Videos

Test 2, Day 4 Highlights | F1 Testing 2019

Go TO TV cars motorbikes f1 motogp quads Videos

If you liked this article you might be interested in these..


Lamborghini Urus Price, Specs, Photos & Review



It’s called a Super SUV for a reason. As the SUV craze continues, exotic manufacturers now want a piece of the action. Lamborghini is the latest hig ...
27-09-2022 22:37

Mansion Motors: A Magnificently Modern Napa Valley Vineyard



A luxurious lifestyle is complete with large homes on premium landscape, high-end supercars, exotic race cars, and state-of-the-art garage toys. In th ...
27-09-2022 22:37

Tour De France Blu 2022 Ferrari 812 GTS For Sale



Presented by Ferrari Quebec. If there is one thing that Ferrari enthusiasts will always adore, it’s the automaker’s V12 engine. The power, sound, ...
27-09-2022 22:37

The New Maserati Project24 Track-Only Supercar Will Feature



Maserati?s new race car is abundant in performance, exclusivity, and style. One of Maserati?s strongest suits as a brand is in looks. When it comes to ...
27-09-2022 22:37

MotorWeek Retro Marathon | Season 20 pt.1 (2000-2001)



Retro rans rejoice! We survived Y2K, and we\'re celebrating by serving up Season 20 pt.1 (2000-2001) all weekend. This jam packed marathon starts Satu ...
27-09-2022 22:06

86 Buick Regal Built for Drag Week! | Car Craft G-Body Drag



John McGann and team take a worn-out 1986 Buick Regal and begin transforming it into a 9-second Drag Week car. First up on the build list is installin ...
27-09-2022 22:06

Day 4 - HOT ROD Drag Week 2022 Livestream REPLAY | MotorTren



Replay the HOT ROD Drag Week 2022 Livestream from Cordova Dragway, (Cordova, IL)! eBay Motors Powers HOT ROD Drag Week Presented by Gear Vendors Overd ...
27-09-2022 22:06

2023 Genesis GV60 Shifter #Shorts



The telltale sign you\'ve turned on the #Genesis GV60 is that the crystal sphere in the center console rotates around to reveal a shifter. #GenesisGV6 ...
27-09-2022 22:06

2024 Chevy Silverado HD: Renewed Styling, Updated Interior,



The 2024 Chevy Silverado HD (2500 and 3500) will arrive with new facades, a new interior with boatloads of tech, and updated powertrains. The Silverad ...
27-09-2022 21:40

2023 Nissan Maxima: The Last Hurrah For Nissan?s Flagship Se



The 2023 Nissan Maxima is the swan song of the Japanese carmaker?s pseudo-luxury sport sedan. It was 42 years ago when the first-gen Maxima entered th ...
27-09-2022 21:40

Uniden R7 Review: Is This Near Immortal Radar Detector Reall



Uniden R7 ProsOverall Reputation Directional Alert Arrows Red Light & Speed Camera Detection ConsNo Bluetooth Capability ...
27-09-2022 21:40

IndyCar confirms 17-race calendar for 2023 season | IndyCar



IndyCar has confirmed its calendar for the 2023 season, which differs little from this year\'s schedule. ...
27-09-2022 21:40

F1 to hold 30 races in 2023 as six sprint events are confirm



Formula 1 has confirmed it will double the number of sprint races next season to six, in addition to the 24 grands prix. ...
27-09-2022 21:40

Verstappen’s score rises even higher in latest F1 22 d



Max Verstappen has been given an even higher rating in the latest edition of the official Formula 1 racing game F1 22. ...
27-09-2022 21:40

Chadwick sees ‘fantastic opportunities’ for fema



Williams junior Jamie Chadwick says female drivers seeking ?commercial support? for racing have more opportunities in the USA than Europe. ...
27-09-2022 21:40

Piastri explains why he chose number 81 for F1 debut in 2023



Oscar Piastri has chosen 81 to be his race number in Formula 1 for when he makes his debut next year with McLaren ...
27-09-2022 21:40

McLaren and crypto sponsor reveal special livery for Singapo



McLaren is marking the return of the Singapore and Japanese grands prix to the Formula 1 calendar with a special livery it will use in the two events ...
27-09-2022 21:40

Ferrari engine’s driveability is biggest difference to



In the round-up: Ferrari engine\'s driveability is biggest difference to Mercedes - Bottas ? Piastri "chopped off the hand that fed him" ? Leclerc "mi ...
27-09-2022 21:40

Porsche Commemorates The Cayenne As Its Most Versatile Luxur



The Cayenne is turning 20 and its influence has been great: helping to define the brand as well as combining comfort and off-road qualities with sport ...
26-09-2022 22:20

The Last New Lamborghini Aventador Ultimae Roadster Ends Pro



After over a decade, it?s officially over. It?s been talked about for quite a long time, but the moment has finally come when we have no choice but to ...
26-09-2022 22:20

Hot Wheels Celebrates Over 50 Years Of BMW M Motorsports



Starting with its very first BMW model in 1983, Hot Wheels continues to highlight the progression of the automotive manufacturer. Making history on an ...
26-09-2022 22:20

Bugatti Debuts The New Mistral W16 In Europe At The Chantill



One of the world?s greatest pieces of automotive art complements the Chantilly Arts & Elegance Richard Mille show. Since 2014 when the show began, Bug ...
26-09-2022 22:20

The Limited-Production Bentley Batur Is Set To Make Its Euro



Two-seat Batur paired with fashion designer Balmain to participate in exclusive Concours d?Elegance. The art of coach-building began at the hands of a ...
26-09-2022 22:20

10 Inventory Highlights at Westmont Lincoln



Some of the best exotic cars for sale at Westmont Lincoln. Today, we are featuring Westmont Lincoln and a selection of 10 of the dealership’s fine a ...
26-09-2022 22:20

Rosso Corsa Ferrari SF90 Stradale For Sale



Presented by Ferrari Quebec. When revealed, the SF90 Stradale cemented itself as a milestone vehicle that would bring a hybrid Ferrari model to more p ...
26-09-2022 22:20

Plan Your Project | MotorWeek Your Drive



It?s so easy to get excited over a new project involving your rolling pride and joy, but it?s a whole other thing to actually make it turn out as expe ...
26-09-2022 21:56

2023 Honda HR-V | MotorWeek Road Test



The @Honda HR-V may have arrived a little late to the subcompact crossover party, but, with Honda?s wealth of knowledge on how to load lots of space a ...
26-09-2022 21:56

2023 BMW iX M60 | MotorWeek Quick Spin



Times are changing, but performance sub-brands are as focused as ever. This 2023 iX M60 is BMW?s latest attempt to bring their iconic M into the elect ...
26-09-2022 21:56

2022 Mercedes-Benz C300 | MotorWeek Road Test



While we continue to mourn the slow death of the four-door sedan here in the US, over the last decade, the C-Class has remained Mercedes? best seller ...
26-09-2022 21:56

2022 Ecocar Mobility Challenge | MotorWeek AutoWorld



With automotive technology evolving so rapidly, training the next generation of vehicle engineers can no longer be limited to traditional classrooms a ...
26-09-2022 21:56

Swapping in a 351 Windsor into Cruiser Project! | Car Craft



This time John and Kevin tackle the drivetrain for our Crusher to Cruiser Mustang Project. Swapping in a 351 Windsor and World Class T5 Five speed ma ...
26-09-2022 21:56

What Are You Rebelling Against" Looking at The Wild One



release dateDecember 1953directorLszl BenedekstarringMarlon BrandoMary MurphyRobert Keithrun time1h19mfun factJames Dean bought a Tr ...
26-09-2022 21:31

Best Car Shipping Companies



Featured Car Shipping Companies We reviewed the industry?s top car shipping providers. Here are our featured picks: ...
26-09-2022 21:31

Johnson will not continue full-time IndyCar campaign in 2023



Seven-time NASCAR Cup champion Jimmie Johnson has confirmed he will not contest a second full-time IndyCar season after finishing 21st in this year\'s ...
26-09-2022 21:31

Future F1 stars, huge rows and unforgettable races: The 1988



Future F1 racers Michael Schumacher and Vincenzo Sospiri competed in the 1988 Formula Ford Festival, which saw spectacular races but also shocking cra ...
26-09-2022 21:31

F1 has chosen the “right time” to add third race



The team principal of Formula 1\'s only American squad says the series has chosen the right time to add a third race in the country. ...
26-09-2022 21:31

Hamilton says his diversity initiative, not driving, “



Lewis Hamilton says his work to promote diversity in motorsport has given his life a greater sense of purpose than competing in Formula 1. ...
26-09-2022 21:31

2022 Singapore Grand Prix TV Times | 2022 Singapore Grand Pr



It\'s race week! Formula 1 heads to Singapore this weekend, joined by W Series. Here\'s how to watch the Singapore Grand Prix and more. ...
26-09-2022 21:31

McLaren “absolutely convinced” Ricciardo can get



McLaren team principal Andreas Seidl says he still has belief in Daniel Ricciardo\'s abilities, despite the team\'s decision to cut his contract short ...
26-09-2022 21:31

Verstappen says changes to “very overweight” Red



In the round-up: Verstappen says changes to "very overweight" Red Bull were key to his 2022 gains ? BMW has no interest in F1 return ? Barranquilla se ...
26-09-2022 21:31

1992 Lexus SC 300 | Retro Review



If you had a mint unmodified SC 300, would you add a turbo to that 2JZ or leave it stock" Or is there no such thing as a mint unmodified SC 300" Show ...
25-09-2022 21:51

A Few "Do-It-Yourself" Maintenance Items! | MotorW



Audra Fordin is joined by special guest Tom Taylor to talk about a few things you can DIY on your own vehicle! Find airdates on your local PBS statio ...
25-09-2022 21:51

Burnouts in the Caddy Gremmie! | Roadkill | MotorTrend



On this episode of Roadkill, Freiburger & Finnegan attempt to do burnouts & donuts in this1973 AMC Gremlin with a 500 cubic inch Cadillac engine. #g ...
25-09-2022 21:51

T Sportline's Co-Founder Jon Pek Talks EV Aftermarket | Seas



Jon Pek, co-founder of one of the world\'s first Tesla tuning companies joins us to talk about the EV aftermarket. How did repping luxury tuning parts ...
25-09-2022 21:51

Has closer racing in 2022 shown Formula 1 can live without D



With overtaking increased by most measurable metrics so far in 2022, is it now time for Formula 1 to do away with the controversial Drag Reduction Sys ...
25-09-2022 21:30

Winning races much more important than taking second in cham



In the round-up: Russell wants wins more than second in championship ? Euroformula Open loses Pau Grand Prix ? Colapinto leads F3 test ...
25-09-2022 21:30

Golden State Grapes: A Look At Three Standout Northern Calif



Three vintners share what makes their bottles so special ? and hard to get. What do you get when you combine meticulously made, standout wines from so ...
24-09-2022 22:16

Runs Good S1 Ep 6 FULL EPISODE - Nissan Skyline GTS-T Drift



In the season finale of Runs Good, Dan, Shea, and Aaron fly to Grand Junction, Colorado, to investigate a listing about a Nissan Skyline GTS-t drift p ...
24-09-2022 21:53

Escort Promises Improved Range With New MAX 360c MKII Radar



Affiliate Disclosure:As an Amazon Associate and member of Escort’s affiliate program, Automoblog earns from qualifying purchases, including the rad ...
24-09-2022 21:30

BTCC 2022 ? Round 8 Thruxton 2 Recap



Sunny conditions greeted the BTCC parade as they made their second visit of the season to Thruxton. Sweltering conditions at Snetterton gave the ...
24-09-2022 21:30

Why F1 drivers’ roles aren’t always as simple as



Formula 1 teams inevitably find themselves having to give preferential treatment - but that doesn\'t mean the same driver will always be \'number one\ ...
24-09-2022 21:30

Caption Competition 195: Hamilton and Ben Sulayem | Caption



Seven-times Formula 1 world champion Lewis Hamilton had a little assistance from FIA president Mohammed Ben Sulayem at Spa. ...
24-09-2022 21:30

FIA confirms it turned down request to grant superlicence to



In the round-up: FIA confirms it turned down request to grant superlicence to Herta ? Alguersuari \'clarifies\' Marko comments ? Jarama could get F1 m ...
24-09-2022 21:30

Home Of The Day: A Private Royal Island Located In Eleuther



Whether you?re in the market for a luxury home, high-end supercar, or exclusive accessories to furnish any affluent lifestyle, duPont REGISTRY present ...
23-09-2022 22:14

PUMA x Ferrari Add Two New ION F Sneakers To The Autumn/Wint



PUMA x Ferrari have once again raised the bar of footwear design and performance. As an extension of its brand and fleet of high-performance Italian s ...
23-09-2022 22:14

Bell & Ross Releases Its Comic-Inspired BR 03-92 Collab



Limited to 100 serial-numbered pieces worldwide, the newest Bell & Ross fits in to the Dark Knight’s luxury lifestyle. Shaping itself as a versatile ...
23-09-2022 22:14

This Tailor Made 2022 Ferrari SF90 Stradale For Sale Is A On



Fast, luxurious, and bespoke, this Ferrari SF90 is the full package. The Ferrari SF90 is Ferrari?s new flagship supercar that uses hybrid power to ach ...
23-09-2022 22:14

The Best Ferrari 812 GTSs You Can Buy Today



2022Ferrari 812 GTS 2021Ferrari 812 GTS 2021Ferrari 812 GTS 2022Ferrari 812 GTS 2021Ferrari 812 GTS 2021Ferrari 812 GTS 2022Ferrari 812 GTS 202 ...
23-09-2022 22:14

This 2006 Ruf Rt 12 For Sale Is A 1-Of-13 Porsche 911-Based



If you want a performance powerhouse that?s both iconic and unique, this is the car for you. Porsche tuner Ruf is known for taking the brand?s highly ...
23-09-2022 22:14

Stssy Teases An Upcoming Collaboration With Rolls-Royce Mot



With an Instagram caption that reads “no traffic on the pch…”, we can only imagine what Stssy and Rolls-Royce has planned. With streetwear maki ...
23-09-2022 22:14

 

 



Would you like your blog and posts leave here?


 
         

Categories

Blogs most viewed last 7 days

News most viewed Today

Win an Audi RS 6 Avant & $20,000 Cash!

Win an Audi RS 6 Avant & $20,000 Cash!

If you love bold design, luxury features, and have a certain nostalgia for the 70s, then wagons being represented in the luxury car segment must delight you. Now in Omaze?s latest campaign, you can drive away in the 2021 Audi RS 6 Avant as one of... -

More Blogs

 
- English ------------------------------
Interior Design & Decoration    
decoclub.net facebook twitter
decorationandstyle.com facebook twitter
decobuzz.net facebook twitter
Food & Recipes
elclubderecetas.com facebook twitter
yoursecretrecipes.com facebook twitter
thermomagazine.net facebook twitter
thevegetarianrecipesclub facebook twitter
Motor
motorwebs.net facebook twitter
motorchannel.net facebook twitter
Luxury
Luxuryblogs.info facebook twitter
 
 


---------------------------------------
beauty & Cosmetics    
cosmetiks.net facebook twitter
thebeautytrends.net facebook twitter
thebeautytv.com facebook twitter
beautyandcosmetics.net facebook twitter
Healt&Fitness
healthfitnesstrends.net facebook twitter
Weddings
weddingsclub.org facebook twitter
Moms & Babies
themomsmeeting.com facebook twitter
buzznewbaby.com facebook twitter
Iphone & Android
hablandodemac.net twitter
 
 
-----------------------------------------
Fashion & Style    
fashionblogsclub.com facebook twitter
Travel
yoursecrettravel.com facebook twitter
secretsofjapan.net facebook twitter
Fragrance
thefragrance.info facebook twitter
Architecture
thearchitectureclub.com facebook twitter
thearchitectureinsight.com facebook twitter
 
 
 
 
 
 
--- Español ---------------------------------
Fashion & Blogs    
Blogueras.net facebook twitter
Recetas
elclubderecetas.com facebook twitter
thermomagazine.net facebook twitter
thevegetarianrecipesclub.com facebook  
Decoracion
decoclub.net facebook twitter
decobuzz.net facebook twitter
Bodas
hablandodebodas.com twitter
Belleza
cosmetiks.net facebook twitter
elperfume.info facebook twitter
 
 

 

--------------------------------------
Motor    
motorwebs.net facebook twitter
videosdemotor.net facebook twitter
Salud
hablandodesalud.net facebook twitter
info-salud.net facebook twitter
Viajes
hablandodeviajes.com facebook twitter
secretsofjapan.net facebook twitter
TV-cine
adictoalatv.com twitter
videosdecine.info
Corazon
famoseo.org twitter
----------------------------------
Libros    
librorama.net twitter
Madres    
elclubdelasmadres.com facebook twitter
Mac Android    
hablandodemac.net facebook twitter
Lujo    
Luxuryblogs.info facebook