
63% of U.S. Drivers Would Consider a Change to UBI in 2022(Usage-Based Insurance)
Research shows that 63% of U.S. consumers are open to changing their current auto insurance policy for one with a telematics-based premium, according to a new report jointly published by Cambridge Mobile Telematics. U.S. drivers are open to many different insurance value propositions - including upfront discounts, rewards, and discounts at the time of renewal - and a majority are ready to switch to UBI now. Young, city-dwelling drivers are the most likely candidates (at 58%)