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Automoblog Particulars What Insurance coverage Corporations are Doing with Telematics Information – PR Newswire

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Sep 27, 2022, 08:36 ET
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RALEIGH, N.C., Sept. 27, 2022 /PRNewswire/ — With using telematics programs on the rise, consumer-oriented automotive useful resource Automoblog not too long ago launched an article to enlighten shoppers about what insurance coverage firms are doing with the collected telematics knowledge.
Telematics packages, or usage-based insurance coverage, promise financial savings primarily based on prospects’ driving habits. Insurers decide these habits by amassing large quantities of information, which incorporates braking patterns, acceleration, cellphone utilization, cornering velocity, and time of day.
Whereas these packages are quickly growing in recognition, it’s not obvious to shoppers what insurance coverage firms are doing with the info aside from adjusting insurance coverage charges. Automoblog particulars how these insurance coverage firms are promoting the info and the way this knowledge is even used as proof within the authorized system.
Automoblog is a web based automotive useful resource that helps folks make knowledgeable selections about vehicles and automobile possession. To study extra concerning the website or study extra about insurance coverage choices, click on right here.
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Jennifer Chonillo
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[email protected]
SOURCE Automoblog
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