U.S. drivers pay an average of $2,680 a year for car insurance -- regardless of how much they drive. Pay-per-mile policies can be cheaper for low-mileage drivers, like remote workers and retirees. No ...
Pay-as-you-drive, or behavior-based insurance, sets premiums based on how safely someone drives. Like other telematics models, it uses apps or connected devices to track data like speed, hard braking, ...
Increasingly, Big Data – make that Big Brother? – is in the front seat of your car, and is affecting how much you pay for auto insurance. In theory, “usage-based” or “pay-as-you-drive” insurance ...
Telematics uses technology to track how people drive and how often they use their vehicles. In auto insurance, it’s the backbone of usage-based insurance, sometimes called pay-as-you-drive, ...