Posted on Jan 13, 2016 in
Insurance Developments and Trends |
Comments Off on The Future of Tracking Devices and Usage-Based Insurance
According to the Wall Street Journal, some consumers have said they are wary of using tracking devices offered by insurers to assess their driving and potential for discounts for good driving. Insurance companies are increasingly using personal data to assess risk and fine-tune their pricing of policies—or at least to provide discounts. As insurers have tested tracking devices, they...