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 December 26, 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 December 26, 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: December 26, 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 December 26, 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/