This statistic shows the share of auto insurance companies forecast to use telematics usage-based insurance in the United States by 2020. Usage-based insurance is a type of insurance in which the costs are based on driving behaviors of policy holders. By 2020, it is forecast that 70 percent of U.S. car insurers will be using telematics UBI.
Share of auto insurance companies who are expected to use telematics usage-based insurance(UBI) in the United States by 2020
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Burnmark. (November 18, 2016). Share of auto insurance companies who are expected to use telematics usage-based insurance(UBI) in the United States by 2020 [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/814347/telematics-ubi-use-among-car-insurers-usa/
Burnmark. "Share of auto insurance companies who are expected to use telematics usage-based insurance(UBI) in the United States by 2020." Chart. November 18, 2016. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/814347/telematics-ubi-use-among-car-insurers-usa/
Burnmark. (2016). Share of auto insurance companies who are expected to use telematics usage-based insurance(UBI) in the United States by 2020. Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/814347/telematics-ubi-use-among-car-insurers-usa/
Burnmark. "Share of Auto Insurance Companies Who Are Expected to Use Telematics Usage-based Insurance(Ubi) in The United States by 2020." Statista, Statista Inc., 18 Nov 2016, https://www.statista.com/statistics/814347/telematics-ubi-use-among-car-insurers-usa/
Burnmark, Share of auto insurance companies who are expected to use telematics usage-based insurance(UBI) in the United States by 2020 Statista, https://www.statista.com/statistics/814347/telematics-ubi-use-among-car-insurers-usa/ (last visited November 24, 2024)
Share of auto insurance companies who are expected to use telematics usage-based insurance(UBI) in the United States by 2020 [Graph], Burnmark, November 18, 2016. [Online]. Available: https://www.statista.com/statistics/814347/telematics-ubi-use-among-car-insurers-usa/