Usage Based Insurance (UBI) is a win-win for both insurer and insured

Usage Based Insurance (UBI) is a win-win for both insurer and insured

By knowledgesourcing on from www.imfaceplate.com

UBI is a type of automobile insurance that tracks mileage and driving behavior. It differs from the legacy auto insurance scheme as in this case the premium is directly aligned with the driving behavior. It is powered by in-vehicle telematics technology that is either self-installed using a plug-in.
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