Flexible premiums, lower accident and vehicle theft possibilities, accurate and timely data collection are among the factors driving growth in this market. (Credit: monicaodo/Shutterstock)
Usage-based insurance for auto coverage is anticipated to surge in the coming years, with the global market expected to witness nearly 25% growth through 2026, according to UnivDatos Market Insights.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
