This statistic illustrates the factors influencing the decision to purchase telematics motor insurance policies for consumers in Europe as of 2016. It can be seen that 48 percent of respondents stated that a price discount would have a positive impact on their decision to purchase a telematics based policy at that time. On the other hand, 15 percent of respondents stated that having to share driving data with an insurer would negatively impact their decision regarding telematics policies.
Factors influencing the purchase of telematics motor insurance policies in Europe as of 2016
Characteristic
Positive impact
Negative impact
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Deloitte. (November 15, 2016). Factors influencing the purchase of telematics motor insurance policies in Europe as of 2016 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/729790/influencing-factors-for-purchase-of-telematics-motor-insurance-policy-europe/
Deloitte. "Factors influencing the purchase of telematics motor insurance policies in Europe as of 2016." Chart. November 15, 2016. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/729790/influencing-factors-for-purchase-of-telematics-motor-insurance-policy-europe/
Deloitte. (2016). Factors influencing the purchase of telematics motor insurance policies in Europe as of 2016. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/729790/influencing-factors-for-purchase-of-telematics-motor-insurance-policy-europe/
Deloitte. "Factors Influencing The Purchase of Telematics Motor Insurance Policies in Europe as of 2016." Statista, Statista Inc., 15 Nov 2016, https://www.statista.com/statistics/729790/influencing-factors-for-purchase-of-telematics-motor-insurance-policy-europe/
Deloitte, Factors influencing the purchase of telematics motor insurance policies in Europe as of 2016 Statista, https://www.statista.com/statistics/729790/influencing-factors-for-purchase-of-telematics-motor-insurance-policy-europe/ (last visited August 24, 2024)
Factors influencing the purchase of telematics motor insurance policies in Europe as of 2016 [Graph], Deloitte, November 15, 2016. [Online]. Available: https://www.statista.com/statistics/729790/influencing-factors-for-purchase-of-telematics-motor-insurance-policy-europe/