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In a 2024 survey by Cambridge Mobile Telematics (CMT), the telematics service provider behind many major insurers’ usage-based apps, 92 percent of respondents either agreed or strongly agreed ...
Telematics car insurance programs offer discounts up to 40% for letting insurers monitor your driving habits through a plug-in device or smartphone app, but the savings come with important privacy ...
An Allstate insurance office is shown in San Francisco, California February 10, 2010. Allstate Corp, the largest publicly traded U.S. home and auto insurer, posted a fourth-quarter profit on ...
Usage-based insurance (UBI), also known as pay as you drive (PAYD), pay how you drive (PHYD) and mile-based auto insurance, is a type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place.
Auto insurance is a legal requirement in most states, and so paying for your coverage can feel like an obligation — like a tax or utility payment — with most drivers setting up their policy ...
Using a cell phone while driving increases the driver's risk of causing a crash. Drivers can become distracted, decreasing the driver's awareness on the road, leading to more car crashes. When drivers talk on cell phones the risk of an automobile crash resulting in hospitalization is four times higher than when not talking on a cell phone. [8]
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