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Competitive Landscape of the Usage-Based Insurance for Automotive Market: Leading Companies and Market Share | #usage-Based Insurance for Automotive Market

Competitive Landscape of the Usage-Based Insurance for Automotive Market: Leading Companies and Market Share

Competitive Landscape of the Usage-Based Insurance for Automotive Market: Leading Companies and Market Share

Usage-Based Insurance (UBI) refers to insurance policies where premiums are determined by analyzing data collected from a vehicle’s telematics system, such as GPS, speed, distance traveled, braking patterns, and other driving habits. This data-driven model contrasts with traditional insu