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Usage Based Insurance Market worth $80.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, October 13, 2023
Mobility, SUV, SmartRider, ICE, CMT, Nationwide Mutual Insurance Company, Light, SmartDrive, USD, GM, Bev, Original equipment manufacturer, Insurance, Transport, Travel, LCV, Unused drug, EV, Maas, OBD-II, State Farm, Liberty Mutual, Allstate, LDV Convoy, International Energy Agency, Maintenance, Pacific Ocean, Policy, Kilometre, NA, LDV, Hepatitis D, UBI, UnipolSai, Unipol, Habit, Acceleration, Farmers Insurance Group, BEV, Progressive Corporation, Rail transport, Mobile phone, Snapshot

Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.

Key Points: 
  • Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.
  • North America has UBI's top key players: Allstate Insurance Company, Farmers Insurance, Nationwide Mutual Insurance Company, Progressive Casualty Insurance Company, State Farm Mutual Automobile Insurance Company, etc.
  • The usage-based insurance companies in North America, are UnipolSai Assicurazioni S.p.A (Italy), Progressive Casualty Insurance Company (US), Allstate Insurance Company (US), State Farm Automobile Mutual Insurance Company (US), and Liberty Mutual Insurance Company (US).
  • In July 2021, Unipol's Linear Assicurazioni and Cambridge Mobile Telematics (CMT) launched Italy's first try-before-you-buy auto insurance program.

Usage Based Insurance Market worth $80.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, October 13, 2023
Mobility, SUV, SmartRider, ICE, CMT, Nationwide Mutual Insurance Company, Light, SmartDrive, USD, GM, Bev, Original equipment manufacturer, Insurance, Transport, Travel, LCV, Unused drug, EV, Maas, OBD-II, State Farm, Liberty Mutual, Allstate, LDV Convoy, International Energy Agency, Maintenance, Pacific Ocean, Policy, Kilometre, NA, LDV, Hepatitis D, UBI, UnipolSai, Unipol, Habit, Acceleration, Farmers Insurance Group, BEV, Progressive Corporation, Rail transport, Mobile phone, Snapshot

Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.

Key Points: 
  • Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.
  • North America has UBI's top key players: Allstate Insurance Company, Farmers Insurance, Nationwide Mutual Insurance Company, Progressive Casualty Insurance Company, State Farm Mutual Automobile Insurance Company, etc.
  • The usage-based insurance companies in North America, are UnipolSai Assicurazioni S.p.A (Italy), Progressive Casualty Insurance Company (US), Allstate Insurance Company (US), State Farm Automobile Mutual Insurance Company (US), and Liberty Mutual Insurance Company (US).
  • In July 2021, Unipol's Linear Assicurazioni and Cambridge Mobile Telematics (CMT) launched Italy's first try-before-you-buy auto insurance program.