smartphone odometer readings News

Porsche Auto Maker Offers Mileage-Based Auto Insurance in 2 States

Owners of Porsche autos now have their own Porsche auto insurance. The mileage- based coverage is available to all Porsche owners with vehicles 1981 and newer that are garaged in Illinois and Oregon. The company said it will be expanding …

Insurers Can Track Mileage with Policyholders’ Smartphones

Property/casualty insurance information company Verisk Insurance Solutions is teaming with technology firm Vehcon to provide insurance companies with the ability to collect automobile odometer readings for insurance rating and usage-based insurance (UBI) programs. The product, called OdometerConfirm, allows insurers to …