Automobiles
Finance
Are Telematic Policies a Popular Insurance Choice?
Telematics, called pay-as-you-drive and usage-based insurance or UBI, is a vehicle policy that determines coverage based on factors such as car model, travel distance, and driving behavior. Itβs increasingly becoming a popular choice among drivers, as it can result in lower costs, provided that you score highly when driving. These policies generally measure acceleration, speeding, […]
