Auto insurance based on usage apt for pricing and handling claims
The perks of usage based insurance policies for vehicles can go beyond just availing the insurance at the best prices. These policies can also help in curtailing fraud and inform policy holders about fuel consumption, CO2 emission, and other aspects that reduce the driving costs, says a recent Celent report. The recent Celent report titled “Telematics-Based Insurance: Has the time finally arrived?”clearly mentions that all insurance providers are clearing any obstacle that comes in the way of offering usage based auto insurance policies to their customers. Celent also goes on to say that the cost involved in purchasing the devices, … (more) January 20, 2012
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Auto, based, Claims, handling, Insurance, Pricing, Usage