Drivers Look to Usage-Based Car Insurance to Save Money. Should You?

How much do you value privacy? Consumers are looking for ways to save money on auto insurance as premiums rise rapidly, and that’s driving more people to consider insurers’ (controversial) programs that offer savings if you agree to share driving data from a phone app or an in-vehicle device. Usage-based insurance (UBI) programs, also known as telematics insurance, have a fairly simple premise…

Source link