usage-based insurance (UBI) News

DriveFactor Expands Usage-Based Auto Insurance Programs

DriveFactor, previously known as Crimson Informatics, is offering new auto insurance programs that enable insurers to effectively rate driver performance based on safety and driving habits through mobile technology and informatics. As auto insurers expand new usage-based insurance (UBI) and …

70 Million Drivers Missing Out on Car Insurance Savings: Insurer

More than 70 million drivers in the U.S. potentially are leaving car insurance savings on the table by not taking advantage of usage-based insurance programs that reward drivers who drive safely and during safe times of the day. More and …

Progressive Goes National with Usage-Based ‘Snapshot’ Car Insurance Program

Progressive has begun national advertising for its “Pay-As-You-Drive” program, Snapshot, which offers drivers discounts of as much as 30 percent based on real-time analysis of their driving habits. Over the past few years Progressive has been refining its “Pay-As-You-Drive” program, …