Connected Vehicle Insurance
January 28, 2019 - January 30, 2019
Connected vehicles have been in the market for nearly half a decade and it’s been about a year since the emergence of connected insurance for vehicles. These internet equipped vehicles make it easier for the driver to multitask without having to remove their hands from the steering wheel. Connected insurance for vehicles makes it convenient for policy holders, with the most up to date cars, pay rates that are directly related to how they drive. This Usage Based Insurance (UBI) also known as Pay As You Drive (PAYD) and Pay How You Drive (PHYD) allow low-risk policy holders to get rewarded for driving safely.
UBI is dependent on the usage of telematics, which monitors driving patterns. By implementing UBI, insurance companies will now have a competitive advantage because prices will now be driver specific.
Join us in January for this in-depth knowledge exchange organized for top tier industry thought leaders! Hear how mobile apps, connected vehicles and UBI are going to change the automotive landscape!
For more and to register see: connectedvehicleinsuranceusa.iqpc.com