Improving Risk-Based Auto Underwriting

Coyne, Frank J.
January 2009
Best's Review;Jan2009, Vol. 109 Issue 9, p64
Trade Publication
The article focuses on the role of telematics technology in improving risk-based automobile underwriting in the U.S. It is stated that insurers can use available global positioning system (GPS) data to determine rates based on the actual annual miles driven during the underwriting process. Telematics technology provides insurers and policy holders the benefits of accurate and timely data regarding travel and safety, vehicle maintenance and diagnostics, and fleet control and communications.


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