The data displays the share of auto insurance companies forecast to use telematics usage-based insurance in the U.S. by 2020. Usage-based insurance is a type of insurance in which the costs are based on driving behaviors of policy holders. By 2020, it is forecast that 70% of U.S. car insurers will be using telematics UBI.
Will use UBI | 70 |
Won't use UBI | 30 |